American Airlines sees $400 million pretax hit in 2019 from 737 MAX grounding
American Airlines Group Inc said on Thursday it expected the Boeing 737 MAX grounding to hit its 2019 pretax earnings by about $400 million, sending...
Four automakers, California strike compromise on vehicle emissions
Ford Motor Co, BMW AG, Volkswagen AG and Honda Motor Co said on Thursday they have reached a voluntary agreement with the state of California...
American Airlines annual profit to take $400 million hit from MAX cancellations
American Airlines Group Inc on Thursday raised its full-year estimate for costs related to cancellations from Boeing MAX grounding to $400 million, sending its shares...
Hershey’s tepid annual forecasts overshadow quarterly profit beat
Chocolate maker Hershey Co cut its full-year sales forecast on Thursday, overshadowing a better-than-expected quarterly profit and sending its shares down 3%....
Futures muted after mixed bag of earnings
U.S. stock index futures struggled for direction on Thursday as a clutch of earnings reports again pointed to a slowing global economy, while holding up...
Nissan to cut 12,500 jobs as crisis deepens after profit wipe out
Nissan Motor Co unveiled its biggest restructuring plan in a decade, axing nearly a tenth of its workforce and flagging possible plant closures to rein...
Hershey reports 38% rise in second-quarter profit
Chocolate maker Hershey Co reported a 38% rise in quarterly profit on Thursday, helped by price hikes and lower raw material costs....
Southwest squeezes out quarterly profit, ceases Newark flights due to 737 MAX
Southwest Airlines Co squeezed out a small profit in the second quarter as strong bookings helped soften the financial blow of the Boeing 737 MAX...
Southwest Airlines posts quarterly profit despite 737 MAX blow
Southwest Airlines Co squeezed out a small profit in the second quarter as it struggled with the grounding of Boeing MAX jets, the carrier said...
Dow profit falls 39% on lower prices, volumes
U.S. chemical company Dow Inc on Thursday posted a 39% fall in adjusted quarterly profit, driven by price declines for some of its products and...