Boeing agrees to $51 million settlement for US export violations, including in China
By David Shepardson WASHINGTON (Reuters) -Boeing said on Thursday it had reached a $51 million settlement with the U.S. State…
Category: Business
Wall St slips with inflation data on deck
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed slightly lower on Wednesday, a day ahead of a key…
Salesforce sees annual revenue below estimates on weak cloud demand
By Zaheer Kachwala (Reuters) -Salesforce expanded its stock buyback program by $10 billion and announced a new dividend, but its…
Paramount posts surprise profit as streaming gains offset weak ad market
By Samrhitha A (Reuters) -Paramount Global fell short of Wall Street estimates for quarterly revenue on Wednesday but posted a…
Stocks pause as key inflation data eyed
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed near flat on Tuesday ahead of inflation and other economic data…
Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar
By Juveria Tabassum (Reuters) -Beyond Meat said it would ramp up product prices and “steeply reduce” costs this year after…
EBay beats earnings estimates on strong U.S. holiday spending
(Reuters) -E-commerce platform eBay beat market expectations for quarterly revenue and profit on Tuesday, helped by healthy consumer spending during…
Berkshire shares end in red as US threatens to sue unit over wildfire costs (Feb. 26)
(This Feb. 26 story has been refiled to fix the syntax in the headline) By Niket Nishant (Reuters) – Warren…
Zoom beats estimates on strong product demand, announces share buyback
By Zaheer Kachwala (Reuters) -Zoom Video Communications on Monday posted better-than-expected quarterly results helped by strong demand for its expanding…
Chips firms seek double $28 billion US subsidies available, Commerce Dept says
By David Shepardson WASHINGTON (Reuters) -U.S. Commerce Secretary Gina Raimondo said on Monday most chips companies seeking government subsidies will…