Business
Airlines will return to profit and fly a near-record 4.35 billion passengers this year, but the sector's post-pandemic recovery remains fragile, an industry group said on Monday.
Jun 5, 2023
0
22
Business
Wireless carrier Vodafone said Tuesday that it's laying off 11,000 workers as part of a major revamp aimed at cutting costs and boosting flagging financial performance.
May 16, 2023
0
5
Business
Researchers from VTB and HSE University-St Petersburg have come up with an algorithm for predicting stock price fluctuations in the Russian market by analyzing financial news. By making financial projections for next week ...
Apr 3, 2023
0
10
Business
Taiwan Semiconductor Manufacturing Co., the biggest contract manufacturer of processor chips for smartphones and other products, said Thursday its quarterly profit rose 78% over a year earlier but forecast weak demand this ...
Jan 12, 2023
0
7
Business
Microsoft on Tuesday reported fiscal fourth-quarter profit of $16.7 billion, or $2.23 per share, falling short of analyst expectations for $2.29 per share—a rare disappointment from the tech giant that has consistently ...
Jul 26, 2022
0
7
Business
Elon Musk announced he will walk away from his tumultuous $44 billion offer to buy Twitter, leaving the deal on the verge of collapse. The Tesla CEO sent a letter to Twitter's board Friday saying he is terminating the acquisition.
Jul 9, 2022
0
17
Business
US securities regulators studying the mysterious surge in GameStop shares in January called Monday for deeper examination of "game-like" features on some trading platforms.
Oct 19, 2021
0
14
Business
PayPal on Wednesday reported record quarterly profit as the online financial transactions service benefited from an e-commerce trend boosted by the pandemic.
May 6, 2021
0
4
Business
Intel is replacing its CEO after only two years in what had been a rough stretch for the chipmaker.
Jan 13, 2021
0
4
Business
Big Tech companies reported mixed quarterly earnings on Thursday, a day after their top executives faced a tough congressional grilling over their market power and alleged monopolistic practices.
Jul 31, 2020
0
5
