By Sheila Dang (Reuters) -“Is Twitter dying?” billionaire Elon Musk mused in April, five days before offering to buy the…
Boeing sees a long road to recovery after heavy losses in defense business
By Rajesh Kumar Singh and Abhijith Ganapavaram (Reuters) -Boeing Co on Wednesday warned its recovery from a crippling safety and…
Disney CEO, asked if company is ‘too woke,’ says it will cater to audience
LOS ANGELES (Reuters) -Walt Disney Co Chief Executive Bob Chapek, asked to address criticism the company had become “too woke,”…
Apple’s holiday quarter may face pressure from inflation, weak China demand
By Nivedita Balu and Aditya Soni (Reuters) – Apple Inc’s earnings report on Thursday may show the best quarterly sales…
Boeing losses mount on troubled Air Force One program
By David Shepardson WASHINGTON (Reuters) – Boeing said Wednesday the company would take a new $766 million charge on its…
Weak dollar, big U.S. crude exports buoy oil markets
By David Gaffen NEW YORK (Reuters) – Oil prices surged nearly 3% on Wednesday, bolstered by record U.S. crude exports…
Czech parliament locks in 2023 deficit at $12 billion as war, energy crisis bite
PRAGUE (Reuters) – The Czech parliament gave its initial nod to the 2023 state budget bill, setting the deficit at…
Intel’s Mobileye unit valued at $22 billion as shares cruise higher
(Reuters) -Shares of Mobileye Global Inc are up 30% in early afternoon trading on Wednesday following its U.S. debut, valuing…
Refiner Phillips 66 cutting staff at refineries, terminals, offices -sources
By Erwin Seba HOUSTON (Reuters) -U.S. oil refiner Phillips 66 has begun reducing staff at several refineries, refined products terminals…
Daimler Truck raises FY outlook on stronger than expected Q3
BERLIN (Reuters) – Daimler Truck on Wednesday slightly raised its full-year earnings forecast after reporting better-than-expected results in the third…