Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

By Saqib Iqbal Ahmed NEW YORK, July 23 (Reuters) - Short sellers targeting SpaceX shares are sitting on an estimated $15.5 billion in paper profit since the rockets-to-AI firm's mid-June initial publi...

July 23 (Reuters) - Freeport-McMoRan beat Wall Street estimates for second-quarter profit on Thursday, as higher copper prices offset lower production at its Grasberg mine in Indonesia. Shares of the ...

NEW YORK, July 23 (Reuters) - Short sellers targeting SpaceX shares are sitting on an estimated $15.5 billion in paper profit since the rockets-to-AI firm's mid-June initial public offering, as its st...

July 23 (Reuters) - Albertsons cut its annual core sales and profit forecasts on Thursday and said it would accelerate investments in prices and its digital business to better compete for cash-strappe...

July 23 (Reuters) - Elon Musk urged the world's leading AI firms to conduct peer reviews of one another's most advanced models before releasing them, The Economist reported on Thursday, as concerns gr...

July 23 (Reuters) - Nasdaq beat Wall Street estimates for second-quarter profit on Thursday, boosted by several high-profile listings on its exchange and strong demand for its data services in a volat...

July 23 (Reuters) - Investment bank Lazard reported a 91% plunge in second-quarter profit on Thursday, hurt by a higher tax rate and a drop in revenue in its financial advisory business. Net income fe...

July 23 (Reuters) - American Airlines said on Thursday it could post steep losses for the year as renewed U.S.-Iran fighting pushes oil prices higher again, raising its fuel bill by billions of dollar...

By Isla Binnie and Arasu Kannagi Basil NEW YORK, July 23 (Reuters) - Blackstone beat analyst expectations for second-quarter income on Thursday as the world's largest alternative asset manager cashed ...

July 23 (Reuters) - Amnon Shashua, CEO of Mobileye since founding it in 1999, will step down, just as the autonomous-driving technology firm makes a big push into a robotaxi service and robotics. The ...