Business
American Airlines lowered its 2024 outlook Thursday on lingering effects of a botched booking system upgrade, but shares rallied as it touted a speedy recovery to last week's IT outage that plagued rivals.
Jul 25, 2024
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Automotive
Ford shares tumbled Wednesday after the automaker reported lower than expected profits on higher costs connected to product launches and warranty repairs for older model vehicles.
Jul 25, 2024
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Business
Swedish music streaming giant Spotify said Tuesday that it added seven million paid subscribers in the second quarter, beating forecasts after it raised prices.
Jul 23, 2024
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Automotive
U.S. customers who bought a new General Motors vehicle last quarter paid an average of just under $49,900, a price that helped push the company's net income 15% above a year ago.
Jul 23, 2024
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Business
Taiwan chip giant TSMC said Thursday net profit jumped by more than a third in the second quarter of 2024, buoyed by global demand for generative artificial intelligence products.
Jul 18, 2024
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Business
German airline giant Lufthansa slashed its 2024 profit forecast Friday after a weak second quarter and launched a "turnaround" plan for its flagship carrier, which it warned might not break even.
Jul 12, 2024
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Business
Delta reported lower quarterly profits Thursday despite still-strong travel demand as it moderated a plan to add capacity in the fall in light of industry overcapacity.
Jul 11, 2024
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Business
Workers at South Korean tech giant Samsung began a three-day general strike over pay and benefits on Monday, the head of a union representing tens of thousands of employees told AFP, warning the action could impact memory ...
Jul 8, 2024
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Engineering
The performance and reliability of machines and devices reduce as they age. Currently, inaccurate degradation characterization leads to over- and under-maintenance, both of which have dire consequences on society. Hence, ...
Jul 3, 2024
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Business
Boeing shares were hammered Thursday after a top company official predicted another quarter of meager plane deliveries, likely resulting in negative cash for all of 2024.
May 23, 2024
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