Category Archives:
Valero kicks off U.S. refinery results with Q2 profit jump
(Reuters) - Refiner Valero Energy Corp reported a rise in second-quarter profit on Thursday, boosted by higher demand for fuel and refined products. Net income attributable to the company's stockholde...
Jul 28, 2022
Northrop sales fall as labor shortages, supply chain issues hamper production
By Mike Stone and Shivansh Tiwary (Reuters) - Northrop Grumman Corp reported a 3.8% fall in quarterly sales on Thursday, as sustained labor shortages and global supply chain issues dent deliveries for...
Jul 28, 2022
Spirit Airlines agrees to $3.8 billion offer from JetBlue
(Reuters) - Spirit Airlines Inc on Thursday agreed to a $3.8 billion buyout offer from low-cost rival JetBlue Airways Corp, ending a drawn-out battle for the carrier that would help create the fifth-l...
Jul 28, 2022
Etihad Airways swings to first half operating profit of nearly $300 million
DUBAI (Reuters) - Abu Dhabi's Etihad Airways swung to a core operating profit of $296 million in the first half of 2022 from a loss of $390 million a year earlier. The emirate's state carrier, which d...
Jul 28, 2022
Merck quarterly profit tops Wall Street view on strong Keytruda sales
By Michael Erman (Reuters) - Merck & Co on Thursday reported higher-than-expected second-quarter earnings and revenue on strong sales of its blockbuster cancer drug Keytruda. The company said it earne...
Jul 28, 2022
U.S. House Democrats to propose ban on stock trading in August – Punchbowl News
(Reuters) - U.S. House Democrats plan to announce a proposal next month to ban lawmakers, their spouses and senior staff from trading stocks, Punchbowl news outlet reported on Thursday, citing multipl...
Jul 28, 2022
Jack Ma plans to give up control of Ant Group – WSJ
(Reuters) - Chinese billionaire Jack Ma plans to give up control of financial technology company Ant Group Co in an effort to move away from affiliate Alibaba Group Holding Ltd, the Wall Street Journa...
Jul 28, 2022
Column: How Medicare reforms could help U.S. retirees facing high inflation
By Mark Miller (Reuters) - U.S. seniors tell pollsters that high inflation is one of their top worries - and that makes sense. Aside from Social Security, which is adjusted annually to reflect consume...
Jul 28, 2022
Russian court fines Tinder owner for data law violation – RIA
MOSCOW (Reuters) - A Russian court fined Match Group, the owner of Tinder dating app, 2 million roubles ($33,280) on Thursday for an alleged failure to store user data within Russia territory, the RIA...
Jul 28, 2022
Carlyle’s second-quarter earnings rise 34% on strong asset sales
By Chibuike Oguh (Reuters) - Private-equity firm Carlyle Group Inc said on Thursday its second-quarter distributable earnings rose 34%, driven by asset sales that were completed even as markets nosedi...
Jul 28, 2022
Peoria, IL, USA
62 °F Overcast
