NBA signs broadcasting deal with Disney, Amazon, Comcast
(Reuters) -Walt Disney’s ESPN, Comcast-owned NBCUniversal and Amazon.com have clinched the rights to carry National Basketball Association games in a…
Category: Business
Ford profit disappoints, stock falls 12% as quality issues dog automaker
By Nora Eckert and Nathan Gomes (Reuters) -Ford Motor reported a dip in second-quarter adjusted profit on Wednesday as the…
Boeing exec says fair to say planemaker failed commitments to suppliers
By Allison Lampert FARNBOROUGH, (Reuters) – A top Boeing supply chain executive said on Tuesday suppliers and airlines had the…
Visa prevented $40 billion worth of fraudulent transactions in 2023- official
JOHANNESBURG (Reuters) – Visa prevented 80 million fraudulent transactions worth $40 billion globally last year thanks to investments in technology…
Theater chain AMC reaches new debt restructuring deal, shares surge
(Reuters) -AMC Entertainment Holdings has reached an agreement with creditors to extend the maturity of up to $2.45 billion of…
Porsche could take stake in battery maker Varta as part of major overhaul
By Alexander Hübner MUNICH (Reuters) -German battery maker Varta on Sunday said it is discussing two restructuring scenarios that could…
Airbus says pressure on airline yields not yet impacting jet demand
LONDON (Reuters) – There are some signs of a decline in airline yields but this is not yet affecting demand…
Boeing ‘fighting through challenges’ in building new Air Force One planes
By David Shepardson LONDON (Reuters) – The head of Boeing’s defense unit said Sunday the planemaker is still “fighting through…
Boeing projects 3% hike in global airplane deliveries over next 20 years
By David Shepardson (Reuters) – U.S. planemaker Boeing raised its industry-wide annual 20-year forecast for new jetliner deliveries by 3%…
AmEx’s revenue miss eclipses strong annual profit forecast
By Niket Nishant (Reuters) -American Express’s second-quarter revenue jumped 9% to a record $16.33 billion on the back of robust…