Boeing appoints Kelly Ortberg, aerospace industry veteran, as CEO to lead turnaround
Boeing (BA.N) announced Wednesday the appointment of Kelly Ortberg, a seasoned aerospace industry leader, as its new President ...
Category: Business
Cryptocurrency stocks rise after Trump's pro-bitcoin speech
Shares of cryptocurrency companies listed in New York rose before Monday's open after presidential candidate rep...
Under pressure in China, Mercedes lowers its earnings outlook
Mercedes-Benz (MBGn.DE) lowered its annual profit margin forecast following weak second-quarter sales and earnings on Friday....
U.S. goods trade deficit narrows; new home sales continue to decline.
The U.S. goods trade deficit narrowed in June for the first time this year amid a broad-based recovery in U.S. exports and a recovery in U.S. exports to the United States....
China's economy falters, increasing pressure for more stimulus
China's economy grew much slower than expected in the second quarter, as a prolonged slump in the real estate sector and the ins...
PepsiCo quarterly earnings disappoint due to slowdown in snack and beverage sales
PepsiCo missed second-quarter revenue expectations Thursday as a series of price increases and competition from ...
Adidas benefits as Nike struggles
The success of Adidas' multicolored Samba and Gazelle low-top sneakers, coupled with weaker sales at rival Nike, should help...
Technology boom leads global markets in first half of 2024
The unstoppable march of mega-capitals, the slow changes of central banks, the abundant political palpitations and the return of the fus...
Nike shares plunge as gloomy sales forecast stokes growth concerns
Nike (NKE.N) shares fell 20% on Friday, as a forecast for an unexpected drop in annual sales amplified concerns that the company's...
S&P 500 and Nasdaq hit record highs on AI momentum, while Dow rises slightly after weak retail sales
Nvidia (NVDA.O) overtook Microsoft (MSFT.O) to become the world's most valuable company, ending the day with a market capitalization of US$1.5 billion....
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