American Airlines forecasts weak 2025 profit on costly labor deals
By Shivansh Tiwary (Reuters) -American Airlines forecast 2025 profit below Wall Street expectations as the carrier braces for higher costs stemming from expensive labor contracts...
By Shivansh Tiwary (Reuters) -American Airlines forecast 2025 profit below Wall Street expectations as the carrier braces for higher costs stemming from expensive labor contracts...
-- Adidas (OTC:ADDYY), the world's second-largest sportswear maker, is planning to reduce its workforce at its headquarters in Herzogenaurach, Germany, by up to 500...
By Christy Santhosh and Puyaan Singh (Reuters) - Abbott Laboratories (NYSE:ABT) on Wednesday forecast 2025 profit that came in line with Wall Street estimates as it expects new...
-- The Consumer Financial Protection Bureau (CFPB) report released today revealed that the rate of auto repossessions at the end of 2022 exceeded pre-pandemic levels....
– Morocco stocks were higher after the close on Thursday, as gains in the Forestry & Paper, Hotels, Restaurants & Leisure and Pharmaceutical Industry sectors led...
-- Morgan Stanley said Thursday that its latest consumer survey showed varying consumer attitudes toward AI-enabled products, signaling that the much-anticipated AI...
(Reuters) - Warner Bros Discovery-owned CNN will lay off about 6% of its workforce as the TV news outlet continues to shift its focus toward a more digital-centric strategy,...
(Reuters) - Catastrophe risk modeling firm KCC is estimating insured losses of about $28 billion from the Los Angeles wildfires, making them the costliest wildfires in U.S....
-- Piper Sandler downgraded Boston Beer Company Inc (NYSE:SAM) to "Neutral" from "Overweight" on slower-than-expected growth for Hard Mtn Dew and Twisted Tea, two key...
(Reuters) - Malaysia's Petronas on Thursday said it has officially transferred its contractual right for a cluster of oil and gas fields in the country to a unit of US-based firm...