RTX swings to loss on Pratt engines issues, approves $10 billion share buyback program
RTX reported a near billion dollar quarterly loss on Tuesday, as the aerospace supplier took a hit due
2023-10-24 19:25
GM withdraws 2023 guidance as UAW strike costs soar
By Joseph White DETROIT (Reuters) -General Motors on Tuesday withdrew its previous guidance for 2023 profits and near-term electric vehicle
2023-10-24 19:22
GE raises 2023 profit forecast on aviation boom
General Electric on Tuesday raised its full-year profit forecast for a third time this year on robust demand
2023-10-24 18:58
As Israel-Hamas war rages, finance chiefs meeting in Saudi pessimistic
By Hadeel Al Sayegh and Rachna Uppal RIYADH Wall Street's top financiers struck a pessimistic tone about the
2023-10-24 18:48
Analysis-Cash-rich Exxon, Chevron use stock for mega deals amid energy market jitters
By David French Exxon Mobil and Chevron are flush with cash yet their acquisition targets are taking stock
2023-10-24 18:28
Dow quarterly profit beats estimates on higher product prices
Dow Inc beat Wall Street estimates for third-quarter profit on Tuesday, as the chemicals maker benefited from higher
2023-10-24 18:17
US Budget Deficit Doubles to $2 Trillion in Dire Warning for Washington
In a year when the US economy exceeded almost everybody’s expectations, the underlying federal deficit roughly doubled, spotlighting
2023-10-24 17:58
Marc Andreessen and John Doerr Join Closed Senate Forum on AI
An array of technology leaders and advocates are headed to Capitol Hill on Tuesday afternoon to propose how
2023-10-24 17:54
Jamie Dimon Criticizes Central Banks for ‘Dead Wrong’ Forecasts
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the fact that central banks got financial forecasting
2023-10-24 17:51
Cnooc Profit Drops on Lower Oil Price Despite Rising Output
Cnooc Ltd.’s profit dropped in the third quarter due to lower oil prices as China’s sputtering economic recovery
2023-10-24 17:51
Jamie Dimon and other top bankers visit Saudi Arabia as Israel-Hamas war rages
JPMorgan (JPM) CEO Jamie Dimon and Citigroup's (C) Jane Fraser are among a raft of bankers attending Saudi Arabia's annual investment conference Tuesday as Wall Street's top names try to look beyond risks that the Israel-Hamas war could widen into a regional conflict.
2023-10-24 16:48
Barclays Flags Cost Cuts as Traders Miss, UK Guidance Drops
Barclays Plc is planning to cut costs after the banking giant’s trading division missed estimates in the third
2023-10-24 16:29