Automotive

GM lifts forecast as chip shortage eases, stock hits record

Shares of General Motors Co. closed at a record high Thursday after the company said its efforts to manage the global computer chip shortage have worked better than expected, so it's financial results will improve.

Business

United Airlines posts $1.9 billion loss in pandemic-laden 4Q

United Airlines said Wednesday that it finished one of the worst years in its history by losing $1.9 billion in the last three months of 2020, and it predicted more of the same in the first quarter of this year.

Profits at India's TCS slump 13.8% as virus batters demand

India's largest software exporter Tata Consultancy Services (TCS) reported a 13.8 percent fall in quarterly net profits Thursday after the country's coronavirus lockdown disrupted its operations and pushed Western clients ...

Business

As earnings loom, Big Tech to highlight pandemic efforts

Big Tech firms set to report quarterly results in the coming days are facing the challenge of spotlighting their roles battling the coronavirus pandemic without seeming as though they are cashing in on upheaval from the health ...