Pfizer posts surprise 4th quarter profit, but key products miss on sales
By Michael Erman and Bhanvi Satija (Reuters) -Pfizer reported a surprise quarterly profit on Tuesday, helped by cost cuts and…
JetBlue eyes deeper cuts as costs rise and revenues fall
By Rajesh Kumar Singh and Shivansh Tiwary (Reuters) -JetBlue Airways said on Tuesday it was evaluating deeper cost cuts after…
Toyota warns 50,000 US vehicle owners to stop driving, get immediate repairs
By David Shepardson WASHINGTON (Reuters) -Toyota Motor said on Monday it is urging the owners of 50,000 older U.S. vehicles…
Super Micro surges as sales projection fuels AI rally
(Reuters) – Super Micro Computer’s stock jumped almost 10% to a record high in extended trade on Monday, extending its…
Albemarle lays off 4% of its global workforce -The Information
(Reuters) -Albemarle, the world’s largest lithium producer, has laid off more than 300 employees, or 4% of its workforce, as…
S&P could cut Israel’s credit rating if conflict expands beyond Gaza – director says
By Steven Scheer JERUSALEM (Reuters) -Israel’s sovereign credit rating could be cut if the war with Palestinian Islamist group Hamas…
Holcim eyes $30 billion valuation with N.American business listing, picks new CEO
By John Revill ZURICH (Reuters) -Switzerland’s Holcim will spin off 100% of its North American operations in a New York…
Slower wage growth needed for euro zone rate cuts, ECB’s Knot says
AMSTERDAM (Reuters) – The European Central Bank (ECB) will need to see proof of slowing wage growth in the euro…
US to announce billions in subsidies for advanced chips -WSJ
(Reuters) -President Joe Biden’s administration is expected to award billions of dollars in subsidies in coming weeks to top semiconductor…
Vulcan rocket’s debut brings long-awaited challenge to SpaceX dominance
By Joey Roulette WASHINGTON (Reuters) – (This Jan. 10 story has been corrected to clarify the payload capacities of SpaceX’s…