Auto & Transport Roundup: Market Talk
Read about UPS, Spirit Airlines, Norwegian Air and more in the latest Market Talks covering the Auto and Transport sector....
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Boeing Explores Sale of Space Business
New CEO seeks buyers for Starliner and other NASA projects in quest to rescue manufacturer. Source link
Miners BHP, Vale Sign $32 Billion Settlement for Deadly 2015 Dam Collapse
The settlement between the two miners and the Brazilian government is the result of years of litigation after the dam...
Porsche AG Sales Fall Amid Slow EV Market, China Woes
Porsche AG posted lower sales and operating profit as it faced challenges in China and a slower-than-expected shift to electric...
Coach-Michael Kors Deal Blocked by Judge
A federal court sides with the FTC, which argued that a Tapestry-Capri merger would raise prices for handbags. Source link
Netflix's Ted Sarandos on the Future for Streaming
The company’s co-CEO talks AI, “Squid Game” and pricing. Source link
Norwegian Air Shuttle Cuts Fleet Growth Expectation Due to Boeing Strike
Norwegian Air Shuttle tempered its fleet growth expectations for next year due to a strike at Boeing, in the latest...
Electrolux Shares Tumble After North America Weakness Weighs on Results
Electrolux shares fell sharply after the company reported third-quarter profit that missed analysts’ expectations on continued weakness in North America,...
Mercedes-Benz Earnings Slump on Tough Economic Backdrop, Fierce Competition
The luxury-car maker’s net profit halved in the third quarter and it said profitability in its main cars business was...
Sanofi Earnings Boosted by Early Vaccine Sales
The pharmaceutical company reported third-quarter earnings and sales that beat analysts’ expectations, boosted by earlier-than-anticipated deliveries of flu and respiratory...
NatWest Lifts Guidance Again After Quarterly Profit Beat
The U.K. high-street bank raised its revenue and profit outlook for the second time this year after its third-quarter results...
Safran Upgrades Guidance as Revenue Rises
The aerospace-industry supplier raised its recurring operating income guidance after revenue rose in the third quarter, driven by after-market services...
Unilever Backs Outlook After Sales Growth
The consumer goods giant reiterated its full-year guidance after underlying sales grew more than expected in the third quarter as...
Hermes Sales Rise 11% Despite Luxury Slowdown
Hermes reported a rise in sales for the third quarter but looking ahead, it cautioned about global economic, geopolitical and...
Equinor's Key Profit Measure Lags Forecasts on Lower Oil Prices and Volumes
The Norwegian energy major reported a sharper-than-expected decline in underlying profit for the third quarter as a drop in oil...
Atos Debt Grows as Restructuring Effort Continues
Atos said its debt pile grew in the third quarter as the beleaguered French IT firm seeks to implement a...
Nivea Owner on Track to Meet Guidance After Rise in Sales
Beiersdorf confirmed its expectations for the year after posting an increase in sales during the first nine months, helped by...
Hyundai Motor Net Profit Fell in Third Quarter, Missing Estimates
The South Korean carmaker said wholesale car sales fell 3.2% globally as vehicle demand remained sluggish in most major markets,...
Tesla Reports Higher Profit in Third Quarter
The surprise increase was the first since the electric-car maker’s earnings began to slide earlier this year as it turned...
McDonald's Had a Problem With Flagging Sales. Now It's Facing a Food-Safety Crisis.
The CDC is investigating an E. coli outbreak across 10 states linked to the burger chain, with one death and...
