Google Sales Accelerate as Ad, Cloud Businesses Hold Up Amid Costly AI Push
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6h ago
Parent company Alphabet reported $80.5 billion in first-quarter revenue, an increase of 15% from the same period last year ..read more
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Airbus Sticks to Plane-Delivery Goal, Ramps Up A350 Production
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6h ago
Airbus posted higher revenue and profit for the first quarter, backed its goal to deliver more planes this year than in 2023 and decided to increase production of its A350 wide-body jets, extending its lead over beleaguered rival Boeing ..read more
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Amazon, YouTube Vie for NBA Streaming Rights as League's Media Talks Heat Up
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6h ago
The league is advancing toward lucrative deals with incumbent partners and is in talks with tech giants as well as NBCUniversal ..read more
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Toyota Makes $1.4 Billion EV Investment in Indiana Facility
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6h ago
The latest financing effort follows an additional $1.3 billion investment at its flagship Kentucky facility ..read more
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S&P Cuts Boeing's Ratings Outlook to Negative
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6h ago
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said ..read more
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Southwest to Exit Four Airports as Boeing's Problems Ripple Through Industry
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11h ago
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes ..read more
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Hermes Posts Sales Growth Across All Markets
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11h ago
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole ..read more
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Anglo Considers Sale of Diamond Unit De Beers
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11h ago
The London-listed company has held conversations in recent weeks with potential buyers, including luxury houses and Gulf sovereign-wealth funds ..read more
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LG Electronics Posts Profit Turnaround on Steady Revenue Growth
The Wall Street Journal » Business & Finance News
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11h ago
The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year ..read more
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Cnooc Posts Record Net Profit on Higher Oil Price, Production
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11h ago
Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production ..read more
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