[ad_1] Erno Rubik, inventor of the Rubik’s Cube, holds one of the cubes at the International Toy Fair in Nuremberg, Germany, Jan. 29, 2020. Picture Alliance | Getty Images It…
Tag: Breaking News: Business
Bank of America shares fall after company reports lower fourth-quarter profit, hit by regulatory charge
[ad_1] Bank of America shares fell 1.1% Friday after the firm reported declining fourth-quarter earnings amid hefty one-time charges. Here’s what the company reported compared to Wall Street expectations, according…
Flight cancellations pile up as winter storm, 737 Max 9 grounding disrupt travel
[ad_1] An Embraer E175LR passengers aircraft of American Eagles airlines (C) taxxing before take-off to Pittsburg is seen at La Guardia Airport on January 9, 2024. Charly Triballeau | Afp…
Space company Momentus, once valued at more than $1 billion, is running dangerously low on money
[ad_1] An artist’s rendering of a Momentus Vigoride transfer vehicle deploying a satellite in orbit. Momentus Space company Momentus warned shareholders in a securities filing on Friday that the company…
Airline stocks tumble after Delta trims profit forecast
[ad_1] Delta Air Lines shares slipped about 8% Friday after the company trimmed its 2024 earnings forecast. Delta forecast full-year earnings per share of $6 to $7, below its previous…
Wells Fargo posts higher fourth-quarter profit, helped by higher interest rates and cost cutting
[ad_1] Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago, as the bank warned that net interest income for 2024 could come in significantly lower…
Tesla Berlin to stop most output for two weeks due to Red Sea disruption
[ad_1] Tesla will suspend most car production at its factory near Berlin from Jan. 29 to Feb. 11, the company said late on Thursday, citing a lack of components owing…
FAA says it will audit Boeing’s production line after 737 Max 9 accident
[ad_1] The Federal Aviation Administration on Friday said it will audit Boeing‘s production line, a week after a door plug blew off an Alaska Airlines 737 Max 9. The agency…
Delta more than doubles fourth-quarter profit, CEO predicts strong 2024
[ad_1] Airbus A330neo widebody aircraft meant for Delta Air Lines being tested in Toulouse, France. Nurphoto | Nurphoto | Getty Images Delta Air Lines closed out the year by doubling…
Google cuts hundreds of jobs across engineering, hardware teams
[ad_1] The Google headquarters in Mountain View, California, Jan. 30, 2023. Marlena Sloss | Bloomberg | Getty Images Google cut several hundred jobs across the company late Wednesday night as…