Category Archives:
Lockheed beats estimates on F-35 sales, maintains guidance
By Mike Stone WASHINGTON (Reuters) - U.S. weapons maker Lockheed Martin Corp reported better-than-expected quarterly revenue on Tuesday, helped by higher sales in its aeronautics unit, which makes the...
Oct 18, 2022
Goldman Sachs unveils revamp as third-quarter profit falls
(Reuters) - Goldman Sachs Group Inc said on Tuesday it was reorganizing its business into three units, as the Wall Street giant undertakes another overhaul in less than three years, and reported a dro...
Oct 18, 2022
Stellantis expects semiconductor supply to be fixed by end of 2023
PARIS (Reuters) - Carmaker Stellantis expects the shortage in the supplies of semiconductor chips to be fixed by the end of 2023 and inflation to be under control in one or two years, Chief Executive ...
Oct 18, 2022
Russia’s Aeroflot passenger numbers down 8.2% year on year -Ifax
MOSCOW (Reuters) - Russian flag carrier Aeroflot saw its group passenger numbers drop 8.2% year on year in the first nine months of 2022, Interfax reported on Tuesday, citing figures from the company'...
Oct 18, 2022
Amazon workers’ ballots to be counted Tuesday in retailer’s 4th union vote this year
By Jeffrey Dastin (Reuters) - The outcome of Amazon.com Inc's fourth union election this year is expected as early as Tuesday, when U.S. labor board officials begin counting ballots that workers in an...
Oct 18, 2022
Eli Lilly to buy genetic medicine developer Akouos for $487 million
(Reuters) - Drugmaker Eli Lilly and Co will acquire genetic medicine developer Akouos Inc in a cash deal worth about $487 million. Lilly will also pay Akouos' shareholders an additional amount conting...
Oct 18, 2022
U.S. oil service firms’ results to show impact of demand, inflation
By Liz Hampton (Reuters) - Oilfield service firms are poised to deliver the strongest third quarter results in years as demand for equipment and services has risen despite supply chain snags and highe...
Oct 18, 2022
Investor survey signals start of “policy capitulation” – BofA
MILAN (Reuters) - Investors raised cash levels further in October as sentiment towards the economic outlook remained close to max bearishness, the latest global fund manager survey (FMS) by BofA showe...
Oct 18, 2022
PPS school safety director announces political plans
PEORIA, Ill. — The school safety director at Peoria Public Schools on Monday announced he is running for an at-large seat on the Peoria City Council in next year’s election. Demario Boone ...
Oct 18, 2022
Hasbro quarterly profit slumps as price hikes dent demand
(Reuters) -Toymaker Hasbro Inc reported a 28% fall in third-quarter earnings on Tuesday as inflation-hit consumers were further discouraged by price hikes. Earlier in October, Hasbro cut its fiscal 20...
Oct 18, 2022
Peoria, IL, USA
55 °F Sunny
