Delta Air Lines reduced its 2018 EPS guidance on Thursday due to a spike in fuel costs, but the U.S. airline giant remains highly profitable. …read more […]
Stock markets around the world bounced back on Thursday, with U.S. gains led by merger activity and earnings optimism that offset concerns over an escalating U.S. trade battle with China.
Ryanair’s Irish pilots are planning to hold two more one-day strikes on July 20 and July 24, a spokesman for the IALPA/FORSA union told Reuters on Thursday.
Britain’s government is nearing a decision to buy four to six surveillance planes built by U.S. aerospace giant Boeing , sources familiar with the plans said on Thursday – a move that could stir a growing debate over UK and European defense jobs.
Intel Corp said on Thursday that it plans to acquire eASIC, a small chipmaker that will help further Intel’s efforts to diversify away from CPU chips.
Intel Corp said on Thursday that it plans to acquire eASIC, a small chipmaker that will help further Intel’s efforts to diversify away from CPU chips. Intel did not disclose terms of the deal for eASIC, which is based in Intel’s hometown of Santa Clara, California. An Intel spokeswoman said the price was “not material,” but that about 120 people would join Intel’s so-called programmable solutions group as a result. …read more […]
Republican and Democratic U.S. senators said on Thursday they want the government to reinstate penalties on ZTE Corp, despite a Trump administration agreement paving the way for an end of a ban on the Chinese telecommunications company.
Broadcom Ltd made an $18.9 billion bid for software firm CA Inc on Wednesday, the latest in the company’s acquisition spree aimed at diversifying beyond semiconductors.
The premier of the German state where Thyssenkrupp is based on Thursday backed the company’s chairman in opposing a breakup of the industrial conglomerate following the resignation of CEO Heinrich Hiesinger.
The European Commission said on Thursday that it had approved Ryanair’s planned acquisition of LaudaMotion without conditions.
Many Procter & Gamble Co products sold in Canada – from Febreze candles to Gillette shaving foam – will be affected by retaliatory tariffs on U.S.-made goods after Canadian authorities rejected a request for exemptions, a P&G spokesman said on Wednesday.
Shares of CVS Health Corp and health insurer Aetna Inc rose more than 2 percent on Thursday after CNBC reported that the U.S. Justice Department will not challenge their planned merger.
Not long ago the Federal Reserve expected to quietly shed nearly half of its $4.5-trillion portfolio by around 2022, leaving little trace of the extraordinary steps it took to face down the financial crisis. But an unexpected market kink could force the Fed to scrap the plan two or three years early and permanently leave it holding $1 trillion more than it wanted.
The founder is leaving the company after the latest controversy. …read more […]
The escalating trade war between the United States and China may prompt U.S. companies to shift money they had earmarked for capital expenditures into stock buybacks instead, pushing record levels of corporate share repurchases even higher.
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