By David Shepardson and Rajesh Kumar Singh WASHINGTON (Reuters) -Southwest Airlines on Thursday faced harsh criticism from U.S. senators at…
Lyft says lower prices to hit profit, shares drop 30%
By Nivedita Balu (Reuters) – Lyft Inc on Thursday forecast current-quarter profit far below Wall Street targets as the ride-hailing…
Wall St dips as Treasury yields rise after auction
By Carolina Mandl (Reuters) – U.S. stock indexes ended lower on Thursday, erasing earlier gains as Treasury yields rose after…
U.S. 5G airplane upgrade rules may cost industry $637 million -IATA
By David Shepardson WASHINGTON (Reuters) – Proposed U.S. requirements to retrofit airplane altimeters to ensure they are not susceptible to…
AbbVie sees 37% drop in Humira sales this year as biosimilars hit U.S. market
By Leroy Leo and Mariam ESunny (Reuters) – AbbVie Inc said on Thursday it expects sales of its flagship rheumatoid…
U.S., Britain impose sanctions on Russia’s Trickbot hacking gang
By Raphael Satter and Suzanne Smalley WASHINGTON (Reuters) – The United States and Britain have imposed sanctions against seven leading…
AMD wins nearly a third of processor market, Arm’s climb slows, analyst report
By Stephen Nellis (Reuters) – Advanced Micro Devices Inc has captured nearly a third of the market for central processor…
High-tech dashboards, driving assistants vex luxury vehicle owners -study
By Joseph White DETROIT (Reuters) – Tesla Inc and established luxury automakers are frustrating consumers with advanced driving assistance technology…
Fed releases 2023 stress test scenarios for banks, including extra new shock for big firms
By Pete Schroeder WASHINGTON (Reuters) – The U.S. Federal Reserve on Thursday released the hypothetical economic strains they will use…
Stocks, dollar slip as rate hike fears unsettle investors
By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – The dollar slid and a global equity rally lost steam…