Lufthansa Airlines ‘not there yet’ on profitability, says CEO
Lufthansa Airlines aims to be profitable again but still has a ways to go despite the initial success of its…
Netflix stock secures all-time closing high as Wall Street cheers ‘near flawless’ earnings
Netflix stock (NFLX) closed at an all-time high on Wednesday, finishing the day up nearly 10% as Wall Street analysts…
Cisco CEO: US and China should figure out how to coexist
It would be helpful if Trump and China got along the next four years for the sake of businesses everywhere.…
Meta’s new ad-free payment service could violate EU regulations
Meta Platforms’ revised ad-free subscription service could still breach EU consumer and privacy laws as well as antitrust rules, the…
Stocks stall near record highs as tech retreats: Markets Wrap
Stocks took a breather on Thursday after gains since President Donald Trump’s inauguration had taken European and US benchmarks close…
Indian Oil to Rebalance Crude Buying After Russia Sanctions
Crude oil purchases by Indian Oil Corp. may shift as the new US sanctions on Russia affect supplies from Moscow,…
Microsoft’s LinkedIn sued for disclosing customer information to train AI models
Microsoft’s LinkedIn has been sued by Premium customers who said the business-focused social media platform disclosed their private messages to…
Amazon exits Quebec operations, to cut about 1,700 jobs
E-commerce giant Amazon.com (AMZN) is exiting its operations in Quebec, leading to the loss of about 1,700 full-time jobs, a…
Intel races to find its next CEO, but insiders say no clear frontrunners yet
Intel (INTC) is racing against the clock to find a new chief executive who can launch the company into the…
Oil Recovers as Traders Assess Trump Tariffs, Russia Sanctions
Oil rose after President Donald Trump threatened tariffs on China and the European Union, while traders continued to assess the…