Boeing to Cut 787 Production 
 

Boeing said its profits more than halved in the latest quarter and plans to cut production of its 787 Dreamliner jet next year, but still expects the 737 MAX to return to service by the end of the year

 
Caterpillar Lowers Profit Outlook 
 

Caterpillar cut its profit forecast for the year, saying that global economic uncertainty is prompting customers to hold off on big purchases.

 
Blackstone Profit Climbs as Private-Equity Holdings Gain Steam 
 

Blackstone Group's third-quarter profit rose from a year earlier as gains in its private-equity holdings outpaced the broader market, but the portion of earnings that could be returned to shareholders fell.

 
SoftBank, WeWork and Sunk Costs 
 

SoftBank, one of the world's largest and supposedly savviest investment firms, looks like it is making a classic rookie error by succumbing to the sunk cost fallacy in its latest investment into WeWork.

 
General Dynamics' Aerospace Business Aids 3Q 
 

General Dynamics said profit rose 7% in the third quarter, as the company reported strong revenue gains in its aerospace business

 
Infosys Grapples With Whistleblower Complaints in the U.S. and India 
 

Whistleblower complaints roiling Infosys, one of India's biggest outsourcing companies, come at a bad time for an industry that is already struggling to boost growth.

 
Huawei to Begin Selling Folding Smartphone After Monthslong Delay 
 

Huawei Technologies will begin selling its first-ever foldable smartphone in China next month, hoping that consumers will continue to be drawn to the high-end device despite months of delays.

 
Tesla Headed for Another Quarterly Loss 
 

Electric vehicle maker Tesla will release earnings after the market closes. Its sales are expected to slide, as the number of high-end Model S sedans and Model X SUVs sold has fallen.

 
Amazon.com Rests Less Easily on Its Cloud 
 

An AWS target miss and the Capital One hack have punished the highflying stock since its latest report.

 
Bedding Brand Brooklinen Pulls Other Marketers Into New Online Store 
 

The Brooklyn, N.Y.-based startup is introducing "Spaces by Brooklinen," a digital store featuring three themed rooms stocked with Brooklinen wares plus more than 100 products from 12 outside brands, including furniture maker Floyd Inc., art book publisher Taschen GmbH and boutique watch and clock retailer Newgate World.

(END) Dow Jones Newswires

October 23, 2019 09:15 ET (13:15 GMT)

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