U.S. strike weighs on GM 2019 profit outlook
General Motors Co on Tuesday slashed its earnings forecast for 2019, saying that a 40-day U.S. labor strike by the United Auto Workers union that...
Pentagon announces F-35 jet prices for next three years
The Pentagon announced pricing details on Tuesday for its agreement with Lockheed Martin Co that lowers the cost of the F-35 jets it plans to...
GM cuts 2019 outlook as U.S. strike weighs on profits
General Motors Co on Tuesday slashed its earnings forecast for 2019, saying that a 40-day U.S. labor strike by the United Auto Workers union that...
Wall Street set for subdued open on mixed earnings reports
Wall Street was set to open lower on Tuesday as investors assessed a mixed batch of earnings reports, including from Google parent Alphabet and big...
Aramco signs slew of deals at Future Investment Initiative conference
Saudi Aramco has signed several deals at the Future Investment Initiative conference in Riyadh, Saudi Arabian General Investment Authority (SAGIA) said in a statement on...
Kellogg profit beats on higher demand for snacks, frozen foods
Kellogg Co reported quarterly sales and profit above market expectations on Tuesday, benefiting from higher demand for its Pringles and Cheez-It snacks, as well as...
Strong consumer spending drives Mastercard profit beat
Mastercard Inc on Tuesday beat Wall Street estimates for quarterly profit as customers shrugged off fears of an economic slowdown and spent more with their...
After Boeing crashes, jet design rules to get tougher for all
Planemakers worldwide face tougher scrutiny and changes in the way aircraft are certified in the aftermath of two fatal crashes of Boeing 737 MAX jets,...
Merck beats estimates as Keytruda sales top $3 billion for first time
Merck & Co Inc blew past Wall Street expectations for third-quarter profit on Tuesday, as sales of its blockbuster immunotherapy Keytruda crossed the $3-billion mark...
Saudi Aramco aims to begin planned IPO on November 3: sources
Saudi Aramco aims to announce the start of its initial public offering (IPO) on Nov. 3, three people with direct knowledge of the matter told...