Business

High tariffs proposed by President Trump on imports from Canada, including cars, could hurt the US auto industry, and cost regular Americans shopping for new cars thousands of dollars.

Published on: January 24, 2025, 09:02 AM UTC

UnitedHealth Group appoints Tim Noel as UnitedHealthcare CEO, succeeding Brian Thompson. Noel brings 20 years of experience at UnitedHealth, most recently leading Medicare & Retirement division.

Published on: January 24, 2025, 09:02 AM UTC

Boeing (BA) pre-announces a Q4 operating cash flow loss of $3.5 billion and revenue of $15.2 billion. The company projects a GAAP loss per share of $5.46 and pre-tax charges of $1.7 billion in its defense and space business.

Published on: January 24, 2025, 09:01 AM UTC

Italian banking giant Monte Paschi di Siena SpA offers to acquire rival Mediobanca SpA in a €13.3 billion all-share deal, marking the latest twist in a series of takeover attempts involving Italy's banking industry.

Published on: January 24, 2025, 09:01 AM UTC

Germany's private sector activity stabilizes in January, ending a six-month contraction driven by services growth offsetting a manufacturing decline.

Published on: January 24, 2025, 09:00 AM UTC

Boeing reports $3 billion in charges for Q4 2024 due to labor issues, layoffs, and government program problems.

Published on: January 24, 2025, 08:03 AM UTC

Monte dei Paschi di Siena (MPS) launches a €13.3 billion all-share buyout offer for Mediobanca, offering 23 MPS shares for every 10 Mediobanca shares tendered.

Published on: January 24, 2025, 08:03 AM UTC

Bloomsbury Publishing announces a long-term supply agreement with Amazon, expressing confidence in market consensus for its full-year outlook.

Published on: January 24, 2025, 08:02 AM UTC

Honeywell CEO Vimal Kapur discusses plans to transform the company into a growth-oriented one, including a potential split into two independent entities.

Published on: January 24, 2025, 08:02 AM UTC

EU regulators' billions in fines against US tech giants, including Apple, Google, Meta, Amazon, and Microsoft, are seen by President Trump as a form of taxation on American corporations. The EU has been aggressively tackling the power of American tech companies, with cases involving Apple's back taxes in Ireland, Google's Android operating system, Meta's Facebook Marketplace service, Amazon's business practices, and Microsoft's Teams software. The US is also battling Big Tech over antitrust violations, with cases against Google's search business, Apple's monopoly, Amazon's dominance, and Meta's "buy-or-bury" scheme.

Published on: January 24, 2025, 08:02 AM UTC