Oracle gives rosy growth forecast, sending the stock soaring further
Oracle shares got a big bump after Monday’s earnings and look set to rise nicely again, as the company blew estimates out of the water with its fiscal 2029 outlook
Tapestry Capri antitrust trial: Key questions about merger
Pedestrians walk past a Coach store and a Michael Kors store. Scott Olson | Getty Images Just a few miles from the birthplace of Coach in New York City, a federal judge will soon decide whether its owner Tapestry can become a bag behemoth — in a decision that will weigh big questions about how […]
Bitcoin may rally regardless of whether Trump or Harris wins the election
Crypto-market participants are unsettled on how the U.S. presidential election in November might impact bitcoin and other digital-asset prices, as Vice President Kamala Harris and former President Donald Trump are scheduled to debate for the first time on Tuesday night.
American Airlines flight attendants ratify new contract with immediate raises topping 20%
Julie Hedrick, president of the Association of Professional Flight Attendants, right, announces a strike authorization outside Dallas-Fort Worth International Airport near Dallas on Aug. 30, 2023. Shelby Tauber | Bloomberg | Getty Images American Airlines flight attendants approved a five-year labor deal, ending one of the industry’s most contentious contract negotiations and giving cabin crews […]
CEO of Ford’s highly profitable Pro business to retire
Ted Cannis, chief executive officer of Ford Pro, speaks during an interview in New York, on Thursday, July 28, 2022. Victor J. Blue | Bloomberg | Getty Images DETROIT — The head of Ford Motor‘s highly profitable “Pro” commercial and fleet business will retire at the end of this month, the company said Thursday. The […]
GE Vernova’s stock reverses toward new highs after an update on profitability
GE Vernova’s stock pulled an intraday U-turn to trade at fresh highs on Thursday, after the renewable-energy company trimmed its outlook for third-quarter profitability but affirmed its full-year outlook.
Boeing faces strike threat as workers vote on new contract
A Boeing 737 MAX aircraft is assembled at the Boeing Renton Factory in Renton, Washington, on June 25, 2024. Jennifer Buchanan | Afp | Getty Images Boeing workers are voting on a new labor contract on Thursday, setting up the potential for a crippling strike if staff members decide to reject the deal just as […]
GM and Hyundai to explore cooperating on vehicles, supply chain and clean-energy technology
General Motors Co. and Hyundai Motor Co. said Thursday they have signed a memorandum of understanding to explore collaboration on vehicles, supply chain and clean-energy technologies in a move aimed at cutting costs and bringing new technology to market faster.
SEC charges Keurig Dr Pepper over K-Cup recyclability
A green tea pod inside a Keurig brand coffee maker, Dec. 17, 2022. Gado | Archive Photos | Getty Images The Securities and Exchange Commission has charged Keurig Dr Pepper over what the agency said are inaccurate claims by the company about the recyclability of its disposable K-Cup pods, the agency said Tuesday. Keurig has […]
The disturbing reason why Hurricane Francine isn’t rallying oil prices
A storm intensified this week into a hurricane in the Gulf of Mexico, a major source of U.S. oil and gas production and refining activity, but prices for crude and refined products haven’t seen much of a rally thanks to worries surrounding the economy and oil demand.
