Sunday, May 26, 2024
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Economy

Business

North Face owner VF Corp misses quarterly revenue estimates, posts loss as demand sags

(Reuters) - VF Corp posted a fourth-quarter loss and reported revenue below analysts' estimates on Wednesday as sales declined across...

Sam Altman’s OpenAI signs content agreement with News Corp

(Reuters) -Sam Altman-led OpenAI has signed a deal that will give it access to content from some of the biggest news publications owned by...

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Boeing sees free cash burn in 2024 as deliveries remain sluggish

By Allison Lampert and David Shepardson(Reuters) -Boeing will burn rather than generate cash in 2024 and deliveries will not increase in the second quarter,...

Off-price retailer TJX posts upbeat Q1, lifts annual profit view on robust demand

By Anuja Bharat Mistry(Reuters) -TJ Maxx parent TJX Cos posted better-than-expected first-quarter results and raised its annual profit forecast on easing costs and strong...

Target issues weak forecast as shoppers pull back; shares tumble

By Siddharth Cavale and Ananya Mariam Rajesh(Reuters) -Target on Wednesday said it expects consumer caution to persist after it reported quarterly earnings that missed...

Biogen to buy Human Immunology Biosciences for up to $1.8 billion deal

(Reuters) -Biogen said on Wednesday it had agreed to buy privately held Human Immunology Biosciences for up to $1.8 billion, gaining access to targeted...

Sam Altman’s OpenAI signs content agreement with News Corp

(Reuters) -Sam Altman-led OpenAI has signed a deal that will give it access to content from some of the biggest news publications owned by...
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