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Category: Business

Boeing Starliner set for June 22 undocking, return to Earth, NASA says
Business

Boeing Starliner set for June 22 undocking, return to Earth, NASA says

WASHINGTON (Reuters) – The Boeing Starliner spacecraft is now scheduled to undock from the International Space Station and return to…

June 16, 2024
Fed penalizes Evolve Bank for failing to manage fintech partnership risk
Business

Fed penalizes Evolve Bank for failing to manage fintech partnership risk

By Hannah Lang and Pete Schroeder WASHINGTON (Reuters) – The Federal Reserve announced Friday it had ordered Evolve Bancorp Inc…

June 16, 2024
Exclusive-Boeing tells suppliers it is slowing 737 output goal by 3 months, sources say
Business

Exclusive-Boeing tells suppliers it is slowing 737 output goal by 3 months, sources say

By Allison Lampert and Tim Hepher (Reuters) -Boeing has told suppliers it is delaying a key production milestone for its…

June 15, 2024
OpenAI CEO says company could become benefit corporation- The Information
Business

OpenAI CEO says company could become benefit corporation- The Information

(Reuters) -OpenAI CEO Sam Altman told some shareholders that the company is considering changing its governance structure to a for-profit…

June 15, 2024
Coca-Cola, Starbucks file to extend trademarks in Russia, newspaper reports
Business

Coca-Cola, Starbucks file to extend trademarks in Russia, newspaper reports

(Reuters) -Coca-Cola and Starbucks have applied to re-register their trademarks in Russia to protect their intellectual property rights after exiting…

June 14, 2024
Google loses bid to end US antitrust case over digital advertising
Business

Google loses bid to end US antitrust case over digital advertising

By Jody Godoy (Reuters) – Alphabet’s Google must face trial on U.S. antitrust enforcers’ claim that the internet search juggernaut…

June 14, 2024
Broadcom soars as demand for AI chips power forecast raise
Business

Broadcom soars as demand for AI chips power forecast raise

By Arsheeya Bajwa (Reuters) – Broadcom surged more than 13% on Thursday as its upbeat annual forecast highlighted an insatiable…

June 13, 2024
Caterpillar boosts buyback by $20 billion, raises dividend
Business

Caterpillar boosts buyback by $20 billion, raises dividend

(Reuters) – Caterpillar has raised its quarterly dividend by 8% and its share repurchase authorization by $20 billion, the company…

June 12, 2024
Apple overtakes Microsoft to return as world’s most valuable company
Business

Apple overtakes Microsoft to return as world’s most valuable company

(Reuters) -Apple once again became the world’s most valuable company on Wednesday, dethroning Microsoft from the top spot, as the…

June 12, 2024
Alaska Airlines loses appeal in $160 million UK trademark dispute with Virgin Aviation
Business

Alaska Airlines loses appeal in $160 million UK trademark dispute with Virgin Aviation

LONDON (Reuters) – Alaska Airlines on Tuesday lost an appeal in an approximately $160 million trademark case with Virgin Group,…

June 11, 2024

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