Business & Finance News
At least a dozen companies and government agencies have been targeted and thousands more are exposed to data breaches by hackers exploiting old security flaws in management software, two cyber security firms warned in study published on Wednesday.
Boeing Co reported better-than-expected profit and revenue on Wednesday, but cut the full-year forecast for its defense business margins, citing $426 million in higher costs on its long-delayed KC-46 aerial refueling tanker program.
Former Fiat Chrysler chief executive Sergio Marchionne, one of the auto industry’s most tenacious and respected auto chiefs, has died, succumbing to complications from surgery.
Some European companies are rethinking their strategies to cushion the impact of trade tensions between the world’s two biggest economies, the United States and China.
A three-day stocks rally was threatening to stall on Wednesday, as markets waited for a meeting between U.S. President Donald Trump and European Commission chief Jean Claude-Juncker to see where the global trade war was heading next.
U.S. stocks were set to open lower on Wednesday as earnings reports from Boeing and General Motors failed to impress, ahead of a closely watched meeting between President Trump and European Union officials on trade.
At least a dozen companies and government agencies have been targeted and thousands more are exposed to data breaches by hackers exploiting old security flaws in management software, the U.S. government warned on Wednesday based on a new report.
A long-running legal battle between global chocolate giants over the shape of KitKat finger wafers was sent back to the EU’s trademark office on Wednesday after judges dismissed appeals by both companies.
At least a dozen companies and government agencies have been targeted and thousands more organizations are exposed to data breaches by hackers exploiting old security flaws in management software, two cyber security firms told Reuters.
Former Fiat Chrysler chief executive Sergio Marchionne has died after a 14-year career in which he helped to rescue the carmaker, the news arriving on Wednesday moments before the group reported a surprisingly heavy fall in profit.
Boeing Co reported a better-than-expected profit on Wednesday, but cut its full-year forecast for margins in its defense business, citing higher costs in the KC-46 aerial refueling tanker program.
Fiat Chrysler reported second-quarter operating profit below expectations on Wednesday, sending its shares sharply lower as the carmaker cut its full-year outlook in response to a weaker performance in China.
Coca-Cola Co topped Wall Street estimates for quarterly sales and profit on Wednesday, as more consumers reached out for its Zero Sugar brand and the new version of Diet Coke.
Former Fiat Chrysler Chief Executive Sergio Marchionne for more than a year assured investors that he and the automaker’s board were working on an orderly succession plan ahead of his expected departure in 2019.
Anthem Inc raised its full-year adjusted earnings forecast, as the health insurer reported better-than-expected profit on Wednesday, driven by higher premiums and lower patient medical costs.
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