By David Shepardson (Reuters) – A union representing striking machinists at Boeing said Saturday that members will vote Wednesday on a new contract deal that
Category: Business
Netflix rises on strong subscriber growth, bets on higher customer sign-ups
(Reuters) – Netflix shares rose 5.2% in premarket trading on Friday, after the streaming giant topped Wall Street estimates for new subscriber additions by more
Fifth Third Bancorp’s profit falls on higher loan loss provisions
(Reuters) – Fifth Third Bancorp reported a fall in its third-quarter profit on Friday, as the bank set aside more money to cover for potential
AmEx quarterly profit exceeds expectations on cost control
(Reuters) -American Express reported third-quarter profit above Wall Street estimates on Friday, benefiting from disciplined expense management that helped soften the hit from a decline
Nvidia hits record high as chip stocks rally on TSMC’s rosy AI-powered outlook
(Reuters) -Shares of Nvidia hit a record high amid a rally in U.S. chip stocks on Thursday after industry bellwether TSMC’s strong sales forecast boosted
After Nevada lithium deal, GM eyes other sources for EV minerals supply
By Ernest Scheyder (Reuters) – General Motors is eyeing further North American investments in lithium and other critical minerals used to build electric vehicles after
Amazon.com joins push for nuclear power to meet data center demand
By Timothy Gardner WASHINGTON (Reuters) – Amazon.com said on Wednesday it has signed three agreements on developing the nuclear power technology called small modular reactors,
GlaxoSmithKline sues Moderna for US patent infringement over COVID vaccines
By Blake Brittain (Reuters) -British drugmaker GlaxoSmithKline sued Moderna in U.S. federal court in Delaware on Tuesday, accusing its American rival of violating GSK’s patent
ASML cuts sales forecasts in Q3 earnings published early; shares plummet
By Toby Sterling and Nathan Vifflin AMSTERDAM (Reuters) -Computer chip equipment maker ASML reported on Tuesday third-quarter earnings that surprised markets with weak bookings and
Intel, AMD team up to confront rising challenge from Arm
By Stephen Nellis (Reuters) – Intel and Advanced Micro Devices on Tuesday said they are forming a group to help make sure software works across