Wizz Air Holdings Plc said expansion into India will become possible with its new long-range Airbus SE A321 models, potentially opening up a lucrative vein of future growth as demand for air travel surges in the world’s most populous nation.
Jefferies Financial Group Inc. jumped by the most in three months after Sumitomo Mitsui Financial Group Inc. agreed to triple its stake in the US investment bank and expand their alliance into additional businesses.
Southwest Airlines Co. fell the most in four months after reporting a worse-than-expected loss in the first quarter as the carrier contended with fallout from an operations breakdown that disrupted flights in December.
Mobileye Global Inc. slumped the most ever on Thursday after cutting its full-year revenue forecast.
Eli Lilly & Co. is becoming a leader in a new type of diabetes and weight loss treatment that Wall Street says could produce some of the biggest blockbusters of all time.
Federal Reserve officials from opposite ends of the policy spectrum are finding some common ground in a key topic of interest-rate debates: They’re skeptical wage gains will fuel further inflation.
US economic growth slowed in the first quarter by more than expected as tepid business investment and a pullback in inventories tempered a pickup in consumer spending.
A sudden acceleration in US tax inflows has reduced the likelihood of the Treasury Department being at risk of a federal payments default as soon as June, according to Goldman Sachs Group Inc.
EDR software has grown in popularity as a way to defend against destructive attacks such as ransomware. Breaches involving the technology are small but growing, researchers say.
Gap Inc. will eliminate about 1,800 positions as part of a broader restructuring plan that aims to speed decision-making and reduce overhead expense, the retailer said Thursday.
