Delta cuts 2024 profit outlook on higher costs, economic risks; shares fall
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines on Friday scaled down its profit outlook for the current year,…
Category: Business
Airbus lands record orders in 2023, beats Boeing on deliveries
By Joanna Plucinska and Dagmarah Mackos (Reuters) -Airbus reported record annual jet orders and confirmed an 11% rise in 2023…
Wall Street little changed after inflation, labor market data
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed little changed on Thursday as news of hotter-than-expected inflation and signs…
Microsoft briefly overtakes Apple as world’s most valuable company
By Aditya Soni (Reuters) -Microsoft on Thursday briefly overtook Apple as the world’s most valuable company for the first time…
Tesla lowers range estimates as U.S. regulators tighten vehicle-test rules
By Norihiko Shirouzu (Reuters) -Tesla has lowered driving-range estimates across its lineup of electric vehicles as a new U.S. government…
Google faces $1.67 billion damages demand at AI-related patent trial
By Blake Brittain and Nate Raymond BOSTON (Reuters) -Alphabet’s Google went before a federal jury in Boston on Tuesday to…
Exxon’s faces hurdles in $2.5 billion exit from California offshore
By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil’s write-down of about $2.5 billion of troubled California properties aims to end…
Nvidia rallies to record high as chipmaker announces AI-related components
(Reuters) – Shares of Nvidia surged to a record high close on Monday after the world’s most valuable chipmaker unveiled…
GM robotaxi unit Cruise offers $75,000 to resolve crash probe
By David Shepardson (Reuters) -General Motors’ Cruise robotaxi unit offered on Friday to pay $75,000 to resolve an investigation by…
Explainer-What is the panel that blew off a Boeing plane in mid-air?
(Reuters) – A piece of fuselage tore off the left side of an Alaska Airlines-operated Boeing 737 MAX 9 jet…