Hugo Boss 2024 Guidance Below Forecasts, Warns on Sales Outlook
Hugo Boss gave earnings projections for this year that are below analysts’ current forecasts and warned that it might not...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Telecom Italia Outlines Targets Through 2026
Telecom Italia said it aimed to deliver earnings growth of 8% over the next three years as well as reduction...
Lufthansa Restores Dividend as Profits Jump
Lufthansa is planning its first dividend payout since the pandemic, despite reporting revenue and profits below forecasts for the fourth...
Japan Auto Stocks Fall Sharply as Yen Rebounds to One-Month High
Japanese auto stocks fell sharply as the yen rebounded to a one-month high due to growing expectations that the Bank...
Target Sales Fall for First Time Since 2016
Shares rebound after the retailer says it is working to boost shopper traffic and profit in 2024. Source link
Jeff Bezos Surpasses Elon Musk as World's Richest Person
The Amazon founder has reclaimed the title for the first time since the fall of 2021. Source link
Apple's iPhone Sales in China Fall as Huawei Gains Market Share
Apple’s smartphone sales in China fell, hurt by strong competition and pricing pressures, new data showed. Source link
China Sales of Tesla, Other EV Makers Hit the Skids in February
Shipments by Tesla and other electric vehicle makers tumbled in China, hurt by weaker demand during the Lunar New Year...
Novo Nordisk Says Ozempic Drug Cuts Risk of Kidney Problems
Novo Nordisk’s blockbuster weight-loss drug cuts the risk of kidney disease-related events in diabetic patients by 24%, according to a...
Book Startup Pitches Authors a Novel Deal: $0 Up Front, Bigger Profits
The approach contrasts traditional publishers, which pay author advances and don’t offer the opportunity to own a stake in the...
Schaeffler Profit Miss Knocks Shares
Schaeffler shares traded lower after the company posted earnings for 2023 that fell short of expectations. Source link
FAA Audit Finds Boeing Quality Control Failed in Alaska Air Incident
The FAA said that in order to hold Boeing accountable, it has halted production expansion of the company’s 737 MAX...
Why Musicians Are Doubling Down on an Unlikely Venue to Reach New Listeners
Musicians are releasing new songs in videogames, in some cases before anywhere else. Source link
JetBlue and Spirit Airlines Call Off Merger Deal
The move came weeks after a judge ruled that the $3.8 billion deal would reduce competition and harm cost-conscious fliers....
JetBlue Airways and Spirit Airlines Call Off Merger Deal
The move came weeks after a judge ruled that the $3.8 billion deal would reduce competition and harm cost-conscious fliers....
Lawyers Who Got Musk Pay Struck Down Seek $5.6 Billion in Tesla Stock
The plaintiff’s lawyers request a record-breaking payday for bombshell case. Source link
Canada Toughens Foreign Takeover Rules in Video-Game Sector
Canada said it would toughen foreign-investment rules as they apply to the domestic video-game industry, with a focus on potential...
The RealReal to Open New Stores in Strategic Shift
The company is looking to set up smaller sites, of a size of around 250 feet, in wealthy, but more...
Boeing in Talks to Buy Troubled Supplier Spirit AeroSystems
Spirit, the jet-fuselage supplier Boeing split off two decades ago, has been at the center of quality issues affecting 737...
Volkswagen Expects Revenue Growth to Slow This Year
Volkswagen expects revenue growth to slow this year as it faces a tough economic backdrop and increasing competition. Source link
