Strikes grounds hundreds more Scandinavian Airlines flights
Scandinavian Airlines says it will cancel another 504 flight departures across the Nordic region on Wednesday, affecting about 47,000 passengers, due to a pilots' strike...
Tuesday, April 30, 2019
GE: 1Q Earnings Snapshot
GE: 1Q Earnings Snapshot
General Electric Co. (GE) on Tuesday reported first-quarter net income of $3.59 billion, after reporting a loss in the same period a year earlier...
Say Hello to the Marijuana Industry's Secret Weapon
Say Hello to the Marijuana Industry's Secret Weapon
Women are set to reshape the cannabis industry as both consumers and corporate leaders...
Pfizer posts 9 percent rise in first-quarter profit
U.S. drugmaker Pfizer Inc reported a 9 percent rise in quarterly profit on Tuesday, helped by sales of breast cancer drug Ibrance and pneumonia vaccine Prevnar.
from Reuters: Business News https://reut.rs/2UQja...
GE profit triples in quarter, warns on 737 MAX
General Electric Co said on Tuesday first-quarter profit more than tripled, helped by higher sales in its aviation, oil and gas, and healthcare units.
from Reuters: Business News https://reut.rs/2ZK7W...
Eli Lilly cuts revenue forecast, shares fall
U.S. drugmaker Eli Lilly and Co cut its full-year revenue forecast on Tuesday, as it predicted further hits from price declines in the United States and increased generic competition for drugs including erectile dysfunction treatment Cialis.
from Reuters: Business News https://reut.rs/2UQj8...
Vegan burger maker Beyond Meat raises price range in upsized IPO
Plant-based meat maker Beyond Meat Inc on Tuesday increased its expected price range and the size of its initial public offering, indicating strong investor demand.
from Reuters: Business News https://reut.rs/2LeE6...
Senior China diplomat says trade talks with U.S. have made 'much positive progress'
Trade talks between China and the United States to date have achieved "much positive progress," a senior Chinese diplomat said on Tuesday, as senior U.S. officials have arrived in Beijing for the latest round of talks.
from Reuters: Business News https://reut.rs/2ZKcP...
Strike-hit airline SAS cancels 504 flights on Wednesday
SAS said it was cancelling 504 flights scheduled for Wednesday, affecting about 47,000 passengers, as much of its fleet remained grounded for a fifth day on Tuesday due to a pilot strike at the Scandinavian airline.
from Reuters: Business News https://reut.rs/2PFMf...
Southwest Airlines loses top spot in passenger satisfaction, even as others gain
Southwest Airlines Co, the biggest user of Boeing Co's 737 MAX jets that were grounded worldwide following two fatal crashes, dropped two places from the top in terms of passenger satisfaction in 2019, a survey by the American Customer Satisfaction Index (ACSI) showed.
from Reuters: Business News https://reut.rs/2Whhn...
Zuckerberg to explain how Facebook gets 'privacy focused'
Zuckerberg to explain how Facebook gets 'privacy focused'
CEO Mark Zuckerberg will kick off Facebook's annual F8 conference Tuesday with what are expected to be more details about his new "privacy-focused" vision for the social network...
JLR to build new Land Rover Defender in Slovakia
Jaguar Land Rover will build its next-generation Land Rover Defender in Slovakia rather than the UK.
from BBC News - Business https://bbc.in/2GEow...
Lilly: 1Q Earnings Snapshot
Lilly: 1Q Earnings Snapshot
Eli Lilly and Co. (LLY) on Monday reported first-quarter earnings of $4.24 billion...
The Latest: Bank sued by Trump 'committed' to providing data
The Latest: Bank sued by Trump 'committed' to providing data
The Latest on President Donald Trump's lawsuit (all times local): 6:35 a.m...
Walmart Hints at an Answer to Amazon's 1-Day Free Shipping Plan
Walmart Hints at an Answer to Amazon's 1-Day Free Shipping Plan
The country's largest retailer implied that it could offer a deal similar to the e-commerce leader's. But should it...
Microsoft Crosses $1 Trillion; Facebook Plans for Fines
Microsoft Crosses $1 Trillion; Facebook Plans for Fines
What’s $3 billion to $5 billion to a company as big as Facebook? Not enough to worry it or Wall Street, clearly...
Four Seasons Health Care facing administration
Four Seasons Health Care is expected to appoint administrators after struggling with its debts.
from BBC News - Business https://bbc.in/2ITM4...
Vodafone found Huawei security flaws in Italy in 2009
Vulnerabilities in Italy could have given the Chinese firm access to people's home networks.
from BBC News - Business https://bbc.in/2ZOSr...
TalkTalk service at bottom of Ofcom poll for third year running
It's the third year in a row that the broadband provider has come bottom of Ofcom's customer survey.
from BBC News - Business https://bbc.in/2PCZV...
Trump sues Deutsche Bank and Capital One over Democrat subpoenas
The lawsuit aims to stop Deutsche Bank and Capital One from handing over his records to Congress.
from BBC News - Business https://bbc.in/2XWHo...
Fiat Chrysler picks Google, Samsung for global connected car system
Fiat Chrysler said on Tuesday it will use technology from Alphabet Inc's Google and Samsung to connect all its vehicles by 2022, providing music and video and facilitating future car-sharing and self-driving capabilities.
from Reuters: Business News https://reut.rs/2PFsJ...
Pariah no more? Greece needs big bond investors to seal its comeback
By Dhara Ranasinghe, Abhinav Ramnarayan and Lefteris Papadimas
from Reuters: Business News https://reut.rs/2V7kT...
Mnuchin hopes for 'substantial progress' in China trade talks
U.S. Treasury Secretary Steven Mnuchin said on Tuesday that he hopes to make "substantial progress" with Chinese negotiators in the next two rounds of trade talks, as the world's two largest economies look for ways to end their bruising trade war.
from Reuters: Business News https://reut.rs/2XWgB...
Danske Bank cuts outlook as money laundering scandal weighs
Danske Bank lowered its outlook for 2019 after a disappointing first quarter, due in part to the effects of a massive money laundering scandal at its Estonian branch that has sent ripples across the Nordic banking sector.
from Reuters: Business News https://reut.rs/2DGGz...
