Analysis-Diesel release valve: China poised to save West from shortages again
(Reuters) – As the northern hemisphere heads into winter, the U.S. and European oil sectors are counting on rising exports…
UAW, Detroit Three careen toward another Friday turning point
(Reuters) – United Auto Workers President Shawn Fain is expected to deliver a video address on Friday that could lead…
JPMorgan Chase profit, adjusted revenue beat estimates amid higher interest rates
JPMorgan Chase (NYSE:JPM) has reported revenue and profit in the third quarter that topped expectations, as the biggest U.S. bank…
Wells Fargo jumps as earnings top analyst estimates
Wells Fargo & Company (NYSE:WFC) shares rose more than 3% in pre-open Friday after the banking titan reported better-than-expected results…
BlackRock’s third-quarter profit rises as investors flock to its funds
(Reuters) – BlackRock, the world’s largest asset manager, on Friday reported a 13% rise in third-quarter profit as a rebound…
Netflix falls as analyst downgrades on ‘full’ expectations for 2024
Netflix (NASDAQ:NFLX) shares fell more than 2% in early Friday trade after Wolfe Research analysts downgraded the rating to Peer…
Infosys dividend announcement boosts Akshata Murty’s wealth
Akshata Murty, a significant shareholder in Infosys (NS:INFY), is poised for a substantial wealth increase as the company announced an Rs 18…
Qualcomm initiates layoffs amid falling chip sales and economic uncertainty
In response to a challenging economic climate and dwindling demand, Qualcomm (NASDAQ:QCOM) has initiated a strategic restructuring plan that includes…
Boeing, Spirit expand inspections for 737 MAX production defect
(Reuters) – Boeing and Spirit AeroSystems (NYSE:SPR) have expanded the scope of their ongoing inspections of a production defect affecting…
California AG says he may sue to stop Kroger from buying Albertsons
(Reuters) – California Attorney General Rob Bonta said on Thursday that his office was concerned about Kroger (NYSE:KR)’s proposed deal…