Category Archives:
GM reports higher quarterly profit, forecasts lower results in 2023
DETROIT (Reuters) - General Motors Co on Tuesday reported a higher quarterly net income for the fourth quarter, but said profit in 2023 would fall from last year. For the full year, GM's profit droppe...
Jan 31, 2023
Analysis-Airbus and Boeing try to fill giant factories with small jets
By Tim Hepher PARIS (Reuters) - Airbus and Boeing have set the stage for the next chapter in their titanic rivalry by remodelling two of the world's largest buildings - gutted by changes in air travel...
Jan 31, 2023
Exxon smashes Western oil majors’ earnings record with $59 billion profit
By Sabrina Valle HOUSTON (Reuters) - Exxon Mobil Corp posted $59 billion in adjusted profit for 2022, the company said on Tuesday, taking home more than $6.7 million per hour last year, and setting no...
Jan 31, 2023
Caterpillar misses profit estimates as costs weigh
(Reuters) -Caterpillar Inc on Tuesday reported a lower-than-expected quarterly profit as increasing manufacturing and freight costs pressured the heavy machinery maker's margins. Shares of Caterpillar...
Jan 31, 2023
Tesla raises spending plan as it looks to boost production
(Reuters) - Tesla Inc said on Tuesday it expects capital expenditure to increase next year as the Elon Musk-led electric-vehicle maker ramps up production of its new battery cell and the Semi heavy-du...
Jan 31, 2023
AbbVie’s Humira gets a U.S. rival, but costs could stay high
By Patrick Wingrove (Reuters) - U.S. patients will finally get access to cheaper versions of AbbVie Inc's blockbuster arthritis drug Humira this year, but the cost savings are expected to be limited. ...
Jan 31, 2023
Boris Johnson to meet U.S. Republicans, push Ukraine aid
By Gram Slattery WASHINGTON (Reuters) - Former British Prime Minister Boris Johnson will meet with Republican lawmakers this week as he presses the United States to sustain aid to Ukraine as it fights...
Jan 31, 2023
Spotify’s user growth beats estimates, expects 500 million listeners next quarter
STOCKHOLM (Reuters) - Spotify Technology SA on Tuesday reported fourth-quarter results that beat expectations for both active users and subscribers, and forecast the number of listeners would reach 50...
Jan 31, 2023
Veterans of 2011 U.S. debt-ceiling fight see tougher battle ahead
By Andy Sullivan WASHINGTON (Reuters) - A Democratic president. A new Republican majority in the U.S. House of Representatives pushing for sharp spending cuts. A rapidly growing pile of debt - and a s...
Jan 31, 2023
Biden continues infrastructure tour with stop in New York City on Tuesday
By Jarrett Renshaw (Reuters) - President Joe Biden on Tuesday will visit New York City to tout new infrastructure funding for a critical underwater tunnel that connects Manhattan and New Jersey, an ef...
Jan 31, 2023
Peoria, IL, USA
52 °F Light Rain, Mist
