Business

Boeing agrees to $51 million settlement for US export violations, including in China

• Business

Boeing agrees to $51 million settlement for US export violations, including in China

Market Spectator February 29, 2024

By David Shepardson WASHINGTON (Reuters) -Boeing said on Thursday it had reached a $51 million settlement with...

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Wall St slips with inflation data on deck

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Wall St slips with inflation data on deck

Market Spectator February 28, 2024

By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed slightly lower on Wednesday, a day ahead...

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Salesforce sees annual revenue below estimates on weak cloud demand

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Salesforce sees annual revenue below estimates on weak cloud demand

Market Spectator February 28, 2024

By Zaheer Kachwala (Reuters) -Salesforce expanded its stock buyback program by $10 billion and announced a new...

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Paramount posts surprise profit as streaming gains offset weak ad market

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Paramount posts surprise profit as streaming gains offset weak ad market

Market Spectator February 28, 2024

By Samrhitha A (Reuters) -Paramount Global fell short of Wall Street estimates for quarterly revenue on Wednesday...

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Stocks pause as key inflation data eyed

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Stocks pause as key inflation data eyed

Market Spectator February 28, 2024

By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed near flat on Tuesday ahead of inflation and...

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Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar

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Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar

Market Spectator February 27, 2024

By Juveria Tabassum (Reuters) -Beyond Meat said it would ramp up product prices and “steeply reduce” costs...

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EBay beats earnings estimates on strong U.S. holiday spending

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EBay beats earnings estimates on strong U.S. holiday spending

Market Spectator February 27, 2024

(Reuters) -E-commerce platform eBay beat market expectations for quarterly revenue and profit on Tuesday, helped by healthy...

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Berkshire shares end in red as US threatens to sue unit over wildfire costs (Feb. 26)

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Berkshire shares end in red as US threatens to sue unit over wildfire costs (Feb. 26)

Market Spectator February 27, 2024

(This Feb. 26 story has been refiled to fix the syntax in the headline) By Niket Nishant...

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Zoom beats estimates on strong product demand, announces share buyback

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Zoom beats estimates on strong product demand, announces share buyback

Market Spectator February 26, 2024

By Zaheer Kachwala (Reuters) -Zoom Video Communications on Monday posted better-than-expected quarterly results helped by strong demand...

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Chips firms seek double $28 billion US subsidies available, Commerce Dept says

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Chips firms seek double $28 billion US subsidies available, Commerce Dept says

Market Spectator February 26, 2024

By David Shepardson WASHINGTON (Reuters) -U.S. Commerce Secretary Gina Raimondo said on Monday most chips companies seeking...

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