Category Archives:
Michael Cohen calls Trump’s $500 million suit against him “pure retaliation”
By Karen Freifeld and Jonathan Stempel (Reuters) - Donald Trump's onetime lawyer and fixer Michael Cohen asked a court to throw out the former U.S. president's $500 million lawsuit against him, callin...
Syndicated Content May 09, 2023
Ryanair set to order jets from Boeing after price spat
By Tim Hepher and Valerie Insinna PARIS/WASHINGTON (Reuters) -Ireland's Ryanair is set to bury the hatchet with its exclusive supplier and place a multi-billion-dollar order for Boeing jets on Wednesd...
Syndicated Content May 09, 2023
Under Armour expects dull annual sales, profit as demand slows
(Reuters) -Under Armour Inc forecast annual sales and profit below Wall Street expectations on Tuesday in a sign that persistent inflation was hampering demand and higher discounts were eating into pr...
Syndicated Content May 09, 2023
Porsche to incorporate Mobileye automated driving and navigation software
BERLIN (Reuters) - Porsche will incorporate automated assistance and navigation functions from Mobileye's so-called "SuperVision" technology platform in future models, Mobileye said on Tuesday. The ag...
Syndicated Content May 09, 2023
Duke Energy misses profit estimates as warm weather weighs on power usage
(Reuters) - Duke Energy Corp on Tuesday missed Wall Street estimates for first-quarter profit, as the gas and electric utilities firm was hit by unfavorable weather, higher interest expenses, and lowe...
Syndicated Content May 09, 2023
Valero Energy CEO Joseph Gorder to step down, insider Riggs to succeed
(Reuters) - U.S. refiner Valero Energy Corp said on Tuesday CEO Joseph Gorder would step down from the role on June 30 and named Chief Operating Officer Lane Riggs as his successor. Gorder has led Val...
Syndicated Content May 09, 2023
EV startup Fisker cuts annual production forecast
(Reuters) - Fisker Inc on Tuesday cut its full-year production target as the electric-vehicle startup seeks to keep a leash on expenses and posted a smaller first-quarter loss. The company's shares fe...
Syndicated Content May 09, 2023
PacWest, Western Alliance lead slide in regional bank stocks
(Reuters) - Shares of regional lenders PacWest Bancorp and Western Alliance resumed their slide in premarket trading on Tuesday as investors feared the ongoing banking crisis could deepen. PacWest dro...
Syndicated Content May 09, 2023
Novavax lays off 25% of workforce, releases 2023 outlook
(Reuters) -Novavax said on Tuesday it will reduce its global workforce by 25% as the cash-strapped biotech pushes forward with its plans to slash expenses and navigate tepid demand for its COVID-19 va...
Syndicated Content May 09, 2023
Coty lifts profit forecast as luxury shoppers seek cosmetics, fragrances
By Ananya Mariam Rajesh and Deborah Mary Sophia (Reuters) - Coty Inc on Tuesday raised its annual profit forecast for the second time and beat third-quarter revenue estimates, buoyed by the CoverGirl ...
Syndicated Content May 09, 2023
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