A strike by Lufthansa cabin crew over two days this week will result in the cancellation of 1,300 flights and affect 180,000 passengers, the German carrier said on Wednesday.
Papa John’s International Inc said on Wednesday its finance head would leave the company next year amid a raft of top level changes as new Chief Executive Officer Rob Lynch tries to turn around the pizza chain.
When we invest, we’re generally looking for stocks that outperform the market average. And while active stock picking… …read more […]
Papa John’s reported positive same-store sales growth in North America for the first time in two years during its third quarter. …read more […]
Facebook Inc began cutting off access to user data for app developers from 2012 to squash potential rivals while presenting the move to the general public as a boon for user privacy, according to court documents reviewed by Reuters.
The New York Times Co beat third-quarter profit estimates on Wednesday, as more people signed up for the newspaper’s digital subscription, priced as low as $2 a week.
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Global stock markets steadied after a three-day rally on Wednesday as traders continued to watch incoming economic data and awaited new developments from U.S.-China trade talks.
Capri Holdings Ltd missed Wall Street estimates for quarterly profit on Wednesday, as protests in Hong Kong and negative Chinese consumer reaction to an ‘incorrectly labeled’ T-shirt hurt sales of its Versace brand.
A big oil spill from the Keystone Pipeline in North Dakota last week has hardened opposition to the controversial Keystone XL expansion among landowners along its route, who say they hope to use the incident to help block or stall the project in court.
Capri Holdings Ltd missed Wall Street estimates for quarterly profit on Wednesday, as protests in Hong Kong and negative Chinese consumer reaction to an ‘incorrectly labeled’ T-shirt hurt sales of its Versace brand. Milan-based Versace had come under fire in China as the luxury label sold a T-shirt that identified the Chinese-controlled territories of Hong Kong and Macau as countries. Due to this, Versace lost its first Asia brand ambassador, Chinese actress Yang Mi, who terminated her contract with the brand. …read more […]
SEATTLE/HONG KONG (Reuters) – Boeing Co is planning an initial investment of around $1 billion into industry-wide pilot development as part of a long-term initiative to reduce risks like those faced by the crew in two 737 MAX crashes, people familiar with the matter said. The embattled planemaker is trying to rebuild trust and cooperation with airlines, passengers and regulators around the world after the 737 MAX was grounded in March, following crashes in which a total of 346 people died. Details of the company’s “Global Aviation Safety” initiative remain under wraps due to delays in returning …read more […]
Facebook Inc began cutting off access to user data for app developers from 2012 to squash potential rivals while presenting the move to the general public as a boon for user privacy, according to court documents reviewed by Reuters. Some executives at the world’s biggest social network appeared to refer to the strategy of promoting a privacy-focused explanation for the change as the “Switcharoo Plan,” internal emails included in sealed California court filings show. The emergence of nearly 7,000 pages of company emails and executive documents comes as Facebook faces multiple investigations into possible antitrust violations by …read more […]
CVS Health Corp posted a better-than-expected quarterly profit on Wednesday, boosted by its pharmacy benefit management unit and the Aetna health insurance business it acquired last year.
Oil prices declined on Wednesday, pulled down by a larger-than-expected build in U.S. crude stocks and weak euro zone economic figures, after gaining for three sessions on expectations of an easing in U.S.-China trade tensions.
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