Author Archives: Syndicated Content
US Air Force narrows list to General Atomics, Anduril to build autonomous aircraft
(Reuters) - The U.S. Air Force (USAF) said on Wednesday that it narrowed down its list to choose General Atomics and Anduril, which will be funded for detailed designs, manufacture, and testing of pro...
Apr 24, 2024
Chipotle lifts full-year sales forecast on resilient burrito demand
By Granth Vanaik (Reuters) -Chipotle Mexican Grill raised its full-year sales forecast on Wednesday, betting on resilient demand for its burritos and rice bowls despite higher menu prices. Shares of t...
Apr 24, 2024
Whirlpool to cut 1,000 jobs globally, WSJ reports
(Reuters) -Home appliance maker Whirlpool Corp is cutting 1,000 salaried jobs globally, the Wall Street Journal reported on Wednesday. The company aims to trim up to $400 million in costs this year, t...
Apr 24, 2024
FDIC is approaching potential buyers of Republic First, Bloomberg News reports
(Reuters) -The Federal Deposit Insurance Corp (FDIC) is in talks with potential buyers for Republic First Bancorp, Bloomberg News reported on Wednesday, citing people with knowledge of the matter. It ...
Apr 24, 2024
Lam Research forecasts quarterly revenue above estimates on AI chip boom
(Reuters) - Lam Research reported quarterly revenue above Wall Street expectations on Wednesday, as chipmakers ordered more of its equipment used to manufacture semiconductors for artificial intellige...
Apr 24, 2024
Tyler Technologies beats Q1 revenue estimates on strong demand for IT services
(Reuters) - Tyler Technologies beat Wall Street estimates for first-quarter revenue on Wednesday, helped by strong demand for its information technology services as enterprise clients are moving towar...
Apr 24, 2024
UK's Labour outlines plan to renationalise railways within 5 years
LONDON (Reuters) - Britain's opposition Labour Party said it planned to renationalise the country's rail network within five years without paying compensation to private operators as it set out its pl...
Apr 24, 2024
Ford profit tops expectations on strong commercial, hybrid sales
By Nora Eckert (Reuters) -Ford Motor Co posted first-quarter earnings on Wednesday that beat Wall Street's expectations, bolstered by a strong performance in its commercial vehicle division and an inc...
Apr 24, 2024
Meta forecasts higher AI spending and weaker revenue
By Katie Paul and Yuvraj Malik (Reuters) - Meta Platforms disappointed investors on Wednesday with forecasts of higher expenses and lighter than expected revenue, sending its shares tumbling as it rac...
Apr 24, 2024
US to decide by late May whether Boeing violated prosecution deal, sources say
(Reuters) - U.S. Justice Department officials are planning to decide as soon as late May whether Boeing violated an agreement that shielded the planemaker from criminal prosecution over fatal crashes ...
Apr 24, 2024
