Ford shares fall after pulling full-year forecast, wider losses in EV unit
By Shivansh Tiwary (Reuters) -Shares of Ford Motor Co closed down 12.3% on Friday, after the automaker reported a wider…
Month: October 2023
Elon Musk’s X launches two new premium subscription plans
(Reuters) – Elon Musk’s social media platform X, formerly known as Twitter, rolled out two new subscription plans on Friday,…
Amazon’s playbook for happy holidays: discounts, same-day delivery – and AI
By Arriana McLymore NEW YORK (Reuters) – Generative AI will be Amazon’s secret weapon this holiday season, leveraging data from…
Biden met with China’s Wang Yi -White House
() WASHINGTON (Reuters) – U.S. President Joe Biden met with China’s top diplomat Wang Yi on Friday, the White House…
AbbVie takes $2.1 billion charge on cancer drug ahead of US price negotiation
By Leroy Leo and Christy Santhosh (Reuters) -AbbVie, girding for government price negotiations on its big-selling cancer drug Imbruvica, on…
Exxon posts sharply lower $9.1 billion profit on lower oil, gas prices
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil Corp on Friday posted a sharply lower $9.1 billion third-quarter profit, missing analysts’…
US judge orders new congressional map in Georgia, citing harm to Black voters
By Joseph Ax (Reuters) -A federal judge on Thursday ordered Georgia lawmakers to draw a new congressional map for the…
Amazon’s cloud stabilizing, shoppers cautious heading into holiday season
By Jeffrey Dastin and Akash Sriram (Reuters) -Amazon.com on Thursday said growth in its cloud business is stabilizing as it…
Intel beats expectations as margins rise, manufacturing momentum builds
By Chavi Mehta, Max A. Cherney and Stephen Nellis (Reuters) -Intel forecast fourth-quarter revenue and margins above Wall Street estimates…
Chipotle quarterly results shine as burrito cravings defy high prices
By Deborah Mary Sophia (Reuters) -Chipotle Mexican Grill surpassed market expectations for quarterly results on Thursday, as unwavering demand for…