Business

Samsung Electronics forecasts major Q2 profit jump

Samsung Electronics said Friday it expects second-quarter operating profits to rise more than 15-fold on-year as chip prices bounce back and demand for generative AI continues to grow.

Business

Boeing CEO to face Capitol Hill grilling

Boeing CEO Dave Calhoun is expected to apologize to families of crash victims on Tuesday as he faces a Senate grilling following accusations that the plane maker put profits over safety.