Endeavor Energy Resources Explores Potential Sale 
 

Endeavor Energy Resources is exploring a sale that could value the big private Texas oil fracker at more than $10 billion.

 
AmEx Discloses Currency Probes 
 

American Express acknowledged that government agencies are investigating how its foreign-exchange unit priced currency conversions, but said it doesn't believe the probes will affect its operations or results.

 
Tesla Shares Soar on Anticipation of Third-Quarter Results 
 

Tesla shares soared after it announced plans to report quarterly results sooner than expected, fueling speculation that it has good news to deliver.

 
Target Undercuts Amazon With Free Two-Day Shipping 
 

Target said it plans to offer free two-day shipping on online orders this holiday season, undercutting competitors like Amazon and Walmart.

 
Manufacturers See Signs of New Risks 
 

Rising costs, a stronger dollar and concerns over growth in China are posing new challenges for U.S. manufacturers.

 
Union Pacific to Lay Off Nearly 500 Workers 
 

Union Pacific plans to lay off about 500 employees before the end of the year, the first of several rounds of job cuts as the railroad implements a new operating plan to turn around its performance.

 
Capital One Fined Over Anti-Money-Laundering Program 
 

Capital One has paid a $100 million fine over regulatory deficiencies in its anti-money-laundering program, federal regulators said. The bank said the penalty is related to check cashing service providers it hasn't worked with since 2014.

 
Former Uber Executive Hired By Hedge-Fund Firm 
 

Emil Michael has joined Coatue Management as a consultant after working as Uber's chief business officer through last year.

 
Higher Prices for Burgers Help McDonald's Sales 
 

McDonald's is still struggling to attract more U.S. customers but it eked out higher sales this quarter by charging more for its food.

 
Rising U.S. Oil Output Forced GOL Airlines to Change Its Hedging Method 
 

A surge in U.S. crude oil production has helped cause an accounting headache for the finance chief of Brazil's largest airline, GOL Linhas Aereas Inteligentes.

(END) Dow Jones Newswires

October 23, 2018 21:15 ET (01:15 GMT)

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