By David Shepardson and Allison Lampert WASHINGTON (Reuters) – The U.S. aviation regulator on Friday extended the grounding of Boeing…
US power and natgas prices soar as extreme freeze hits natgas supplies
By Scott DiSavino (Reuters) -U.S. natural gas and power prices hit multi-year highs on Friday ahead of extreme cold that…
Microsoft edges out Apple as world’s most valuable company
By Noel Randewich (Reuters) – Microsoft’s stock market value ended a trading session higher than Apple’s for the first time…
US airlines cancel over 2,000 flights due to massive winter storm
(Reuters) -Airlines in the United States canceled more than 2,000 flights on Friday after a massive winter storm knocked out…
JPMorgan’s annual profit surges to record even as quarterly net income dips
By Niket Nishant and Nupur Anand (Reuters) – JPMorgan Chase reported its best-ever annual profit and forecast higher-than-expected interest income…
Morgan Stanley to pay $249 million to end block trading probe
By Chris Prentice and Jonathan Stempel NEW YORK (Reuters) -Morgan Stanley agreed to pay $249.4 million to end years-long criminal…
Delta cuts 2024 profit outlook on higher costs, economic risks; shares fall
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines on Friday scaled down its profit outlook for the current year,…
US FAA launches probe of Boeing 737 MAX 9 after mid-air panel incident
By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Aviation Administration is launching a formal investigation into the Boeing 737 MAX…
Stocks flat to down after CPI data; Treasury yields ease
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes were flat to lower on Thursday as data showed U.S. consumer…
Microsoft briefly overtakes Apple as world’s most valuable company
By Aditya Soni (Reuters) -Microsoft on Thursday briefly overtook Apple as the world’s most valuable company for the first time…