(Reuters) – Apple has sharply scaled back its Vision Pro production since early summer and could stop making the existing version of the mixed reality
Category: Business
3M raises profit forecast on improving demand, reviews portfolio
By Kannaki Deka (Reuters) -3M Co raised its full-year profit forecast on Tuesday, after strong demand for roofing material, industrial adhesives and electronic equipment helped
Shift to electric vehicles will have far-reaching impact, IMF says
(Reuters) – The global transition toward electric vehicles will have “far-reaching” impacts on investment, production, international trade and employment, the International Monetary Fund said on
Industrial paintmaker Sherwin-Williams profit misses estimates on weak demand
(Reuters) – Industrial paintmaker Sherwin-Williams missed Wall Street estimates for third-quarter profit on Tuesday, hurt by lower sales in its segments that cater to the
BlackRock taps into AI frenzy with two new ETFs
(Reuters) – Asset management giant BlackRock on Tuesday launched two new exchange-traded funds (ETFs) aimed at giving investors exposure to the booming market for artificial
Boeing exploring asset sales to boost finances, WSJ reports
(Reuters) – Boeing is exploring asset sales in a bid to boost its fragile finances by shedding its non-core or underperforming units, the Wall Street
Boeing offers 35% pay hike over four years to end machinists’ strike
By David Shepardson (Reuters) – A union representing striking machinists at Boeing said Saturday that members will vote Wednesday on a new contract deal that
Netflix rises on strong subscriber growth, bets on higher customer sign-ups
(Reuters) – Netflix shares rose 5.2% in premarket trading on Friday, after the streaming giant topped Wall Street estimates for new subscriber additions by more
Fifth Third Bancorp’s profit falls on higher loan loss provisions
(Reuters) – Fifth Third Bancorp reported a fall in its third-quarter profit on Friday, as the bank set aside more money to cover for potential
AmEx quarterly profit exceeds expectations on cost control
(Reuters) -American Express reported third-quarter profit above Wall Street estimates on Friday, benefiting from disciplined expense management that helped soften the hit from a decline