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…
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…
U.S. state attorneys general probing Kroger deal for Albertsons
WASHINGTON (Reuters) – A half dozen state attorneys general are digging into Kroger’s planned acquisition of rival grocery chain Albertsons,…
Boeing CEO ‘confident’ 737 MAX 7, 10 will get certified -CNBC interview
By David Shepardson WASHINGTON (Reuters) -Boeing Chief Executive Dave Calhoun on Wednesday said he is confident the planemaker will get…
Watchdog CPUC seeks $155 million in fines against PG&E over Zogg wildfire
(Reuters) – The California Public Utilities Commission (CPUC) watchdog on Tuesday proposed fines of $155.4 million against shareholders of utility…
Berkshire’s Brooks running unit settles trademark case against Brooks Brothers
By Jonathan Stempel (Reuters) – Brooks, the running shoe unit of billionaire Warren Buffett’s Berkshire Hathaway Inc, has settled a…