Creditors to JetBlue are working with restructuring adviser PJT Partners as the airline weighs its financial options. A surge in jet fuel costs tied to the Iran war has squeezed margins despite steady travel demand.

Venezuelan opposition leader Maria Corina Machado has returned to Caracas after months in exile, according to fellow opposition figure Edmundo Gonzalez. Her return comes amid deepening doubts about the country's democratic process.

Canadian convenience-store operator Alimentation Couche-Tard has proposed an offer worth up to $8 billion for Cumberland Farms, The Times reported. The Massachusetts-based fuel and convenience chain would add hundreds of stores to Couche-Tard's North American network if the deal goes through.

Alaska Senate candidate Mary Peltola and a voters' rights group have sued to stop the Trump administration from blocking certification of the state's Senate race. The suits argue the administration has no legal basis to delay confirming results that preliminary counts show favor a Democratic win.

Amgen says a drug added to AstraZeneca's immunotherapy cuts the risk of death by 58% in patients with an aggressive form of lung cancer. The combination could give patients significantly more time to live.

Audi plans a new US assembly plant in Georgia expected to produce 200,000 SUVs a year, a government official said. President Trump is set to announce the deal personally.

Berkshire Hathaway shares have climbed to an all-time high, erasing all the ground lost after Warren Buffett's surprise 2025 announcement that he would step down as chief executive. The recovery took almost 18 months and marks the stock's strongest run since the leadership transition began.

Nvidia's expanding role as a financier of artificial-intelligence infrastructure is drawing fresh scrutiny after shares of several 'neocloud' companies that rent out its chips fell sharply this week. Analysts said the slide has raised questions about whether the AI data-center boom can generate enough revenue to cover its debt-fueled growth.

Meta chief executive Mark Zuckerberg has reached an arrangement with the company to help cover the cost of a proposed California wealth tax targeting billionaires. Zuckerberg had previously said he would consider leaving the state if the levy took effect.

Apple shares are trading near record highs and closing in on Nvidia's market capitalization, putting the iPhone maker on track to reclaim the title of world's most valuable company. Upcoming quarterly earnings could be the catalyst that pushes Apple's valuation past its AI-chip rival.

Qatar has struck a deal to purchase liquefied natural gas from US exporters, the latest sign of how the Iran war is reshaping global energy markets. Security concerns around the Strait of Hormuz are pushing buyers toward alternative supply routes, benefiting American LNG producers.

The White House will ease tariffs on a range of Canadian goods, including certain machinery, from October 30, while raising duties on others such as carpets. The adjustment comes as trade friction between Washington and Ottawa continues ahead of November's midterm elections.

The Dow Jones Industrial Average fell 500 points on Friday as tensions in the Middle East intensified. Selling broadened beyond technology stocks into a wider market decline.

The U.S. Justice Department has sued to block Alaska from certifying its Senate race if the Republican candidate narrowly loses. The contest is one of several nationwide that could decide whether Republicans keep their slim Senate majority.

U.S. Treasury yields posted their sharpest one-day drop since the 2023 banking crisis as investors rushed into government bonds amid a broader tech-stock sell-off. Analysts described the move as a flight to safety rather than a signal of imminent recession.

U.S. President Donald Trump has asked Elon Musk to reverse a slowdown of SpaceX's Starlink satellite service that Musk had ordered for Ukraine, the Wall Street Journal reported. Musk, a vocal critic of Ukrainian President Volodymyr Zelenskyy, is said to have throttled the service amid tensions over the war.

OpenAI is close to finalizing a funding round of up to $30 billion at a $1.25 trillion valuation, led by investors from the United Arab Emirates. Sources familiar with the matter told CNBC the round is meant as a bridge to the company's planned 2027 IPO.

The Nasdaq fell more than 2% on Thursday, its worst day since June, as Meta and Tesla led declines amid AI spending concerns and rising oil prices. Treasury yields also dropped sharply as investors sought safety.

Initial filings for US unemployment insurance slipped to a seasonally adjusted 194,000, among the lowest readings since the 1960s. The data points to a continuing trend of low layoffs across the American labor market.

Meta Platforms shares fell 6% after third-quarter spending on artificial intelligence infrastructure pushed the company's free cash flow negative for the first time in years. Prices for Meta's five-year credit default swaps climbed to record highs as investors signaled growing concern over the company's debt risk.