Boeing deliveries fall by half in April due to 737 MAX bracket defect
WASHINGTON (Reuters) – Boeing Co deliveries fell to 26 airplanes in April, less than half of the previous month’s total,…
Business
Novavax forecasts higher-than-expected revenue; shares surge
By Bhanvi Satija and Michael Erman (Reuters) -COVID-19 vaccine maker Novavax Inc on Tuesday forecast much higher 2023 revenue than…
Elon Musk and Tesla break ground on massive Texas lithium refinery
By Hyunjoo Jin and Ernest Scheyder (Reuters) -Tesla Inc on Monday broke ground on a Texas lithium refinery that CEO…
Investment bankers bonuses forecast to drop as much as 20% this year – report
By Tatiana Bautzer NEW YORK (Reuters) – Investment bankers working on mergers, acquisitions or equity offerings are expected to have…
Americans’ confidence in Powell hits a low mark for a Fed chief, poll shows
(Reuters) – Americans’ confidence in Federal Reserve Chair Jerome Powell’s economic stewardship has skidded to the lowest of any recent…
Coty’s fragrances sweeten profit forecast after strong beat
By Ananya Mariam Rajesh and Deborah Mary Sophia (Reuters) -Coty Inc on Tuesday raised its annual profit forecast for the…
US small business sentiment slumps to more than 10-year low
By Lucia Mutikani WASHINGTON (Reuters) -U.S. small business confidence fell to more than a 10-year low in April on worries…
KKR, Macquarie eyeing Singapore’s waste management firm SembWaste – sources
By Kane Wu and Yantoultra Ngui HONG KONG/SINGAPORE (Reuters) – U.S. private equity group KKR & Co Inc and Australia’s…
GM hires former Apple executive Abbott to lead software unit
(Reuters) – General Motors Co on Tuesday named former Apple Inc executive Mike Abbott to lead a division that will…
Global hedge fund launches at lowest level since 2017 -Preqin
By Nell Mackenzie LONDON (Reuters) – Hedge fund launches in 2023 are at their lowest level globally since 2017, data…