Delta Trims Quarter Outlook, Keeps 2023 Earnings Guidance
Delta Air Lines Inc. reduced its expectations for third-quarter profit on higher fuel prices and larger-than-expected maintenance costs, but it reaffirmed its full-year guidance on earnings.
Delta Air Lines Inc. reduced its expectations for third-quarter profit on higher fuel prices and larger-than-expected maintenance costs, but it reaffirmed its full-year guidance on earnings.
A resurgence of geopolitical tensions with China has some investors steering clear of megacap tech stocks exposed to the world’s second-largest economy.
Sibanye Stillwater Ltd. said it will enter talks with labor unions over a possible restructuring at one of its South African gold mines that could impact almost 3,000 people.
MGM Resorts International was hacked by the same group of attackers that breached Caesars Entertainment Inc. weeks earlier, according to four people familiar with the matter.
China blasted the European Union’s probe into Beijing’s electric-car subsidies, as the battle to access the bloc’s growing market risks sparking a trade war between the two economic powerhouses.
US retail sales showed signs of slowing in August as consumers limited their discretionary spending amid higher gasoline prices.
The London Metal Exchange will change the way it sets its end-of-day prices in a measure designed to boost transparency in the wake of last year’s nickel squeeze.
R3, the blockchain company backed by investors including Bank of America Corp. and Intel Corp., fired just over a fifth of its workforce last week as it seeks to preserve cash to weather an industry downturn, people with knowledge of the matter said.
Investors in the software company’s new funding round include T. Rowe Price and Nvidia
Amazon.com Inc. is targeting a logistics void left by Shopify Inc.’s abrupt retreat from shipping services earlier this year, which created an opportunity for the online retailer to make money delivering products ordered on sites other than Amazon.com.