Posts with tag: coding
Boeing (BA) reports $3.5 billion operating cash flow loss in Q4 due to IAM strike, workforce reductions, and defense business changes. The company expects revenue of $15.2 billion and a GAAP loss per share of $5.46, both below consensus estimates. Boeing also anticipates pre-tax charges of $1.7 billion in its defense and space business.
Published on: January 24, 2025, 01:01 PM UTC
President Trump criticizes EU's antitrust battles against US tech giants, calling the fines a form of taxation on American corporations. The EU has aggressively tackled the power of American tech companies, including Apple, Google, Meta, Amazon, and Microsoft, over concerns about their dominant market positions and alleged anti-competitive practices. In response, the US has also taken action against its own tech giants, with the Department of Justice and the Federal Trade Commission filing antitrust lawsuits against Google, Apple, Amazon, and Meta.
Published on: January 24, 2025, 12:02 PM UTC
UnitedHealth Group announced Tim Noel as the new CEO of UnitedHealthcare, filling the role after Brian Thompson's passing. Despite recent earnings disappointments and claims processing challenges, UnitedHealthcare reported $400 billion in 2024 revenue and $14 billion in profits.
Published on: January 24, 2025, 11:02 AM UTC
Bank of America strategists say that as global central banks cut interest rates faster than the Federal Reserve, stock gains could become more broad-based.
Published on: January 24, 2025, 11:00 AM UTC
President Trump orders creation of digital asset working group to explore U.S. cryptocurrency stockpile, weighing benefits and risks of strategic reserve.
Published on: January 24, 2025, 08:00 AM UTC
Ericsson reports Q4 revenue and profit rise on North American growth
Published on: January 24, 2025, 07:00 AM UTC
Asian stocks rise on hints of softer US stance on China tariffs; BOJ rate hike boosts yen
Published on: January 24, 2025, 06:01 AM UTC
Published on: January 24, 2025, 05:01 AM UTC
Tariffs on Canadian-made autos could hurt US automakers and consumers, says a new report from TD Economics. The report says that a 25% tariff on Canadian-made autos and other goods would increase the cost of cars for US consumers and lead to job losses in the US auto industry.
Published on: January 24, 2025, 04:02 AM UTC
Southern California Battles Wildfires as Rain Offers Potential Relief
Published on: January 24, 2025, 01:02 AM UTC