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Business

Lockheed Martin's Q2 Earnings Shock: Sales Stagnate at $18.2B Amidst Major Program Losses

Lockheed Martin's Q2 2025 sales missed estimates at $18.2B, with net earnings dropping 78.6% to $342M due to $1.6B in program losses. CEO Jim Taiclet cites ongoing program reviews ...

Business

Northrop Grumman Secures Landmark Deal with US Air Force for Next-Gen Sentinel ICBM Program

Northrop Grumman Corporation CEO Kathy Warden announced a new agreement with the US Air Force for the Sentinel ICBM program, alongside revealing a 1% sales growth to $10.4 billion ...

Business

Paytm Bounces Back with a Stunning Rs 123 Crore Profit in Q1FY26 After Overcoming Losses

Paytm has reported a net profit of Rs 123 crore in Q1FY26, marking a significant turnaround after two quarters of losses. The fintech company attributes this success to cost manage...

Business

European Commission Launches Deep Dive Into UMG's $775M Downtown Acquisition Over Competition Fears

The European Commission is investigating UMG's $775M acquisition of Downtown over concerns it may reduce competition in the EEA's recorded music market and artist services sector, ...

Business

Lucid Air Owners Gain Access to Tesla Superchargers with New Adapter Starting July 31

Lucid Motors announces that Lucid Air owners can now use Tesla Superchargers with a new adapter starting July 31, enhancing charging accessibility and convenience.

Business

Elon Musk's xAI Aims for $12 Billion Expansion: A Bold Move into the Future of Artificial Intelligence

Elon Musk's xAI is seeking an additional $12 billion for expansion, marking a significant step towards advancing artificial intelligence. This move could have profound implications...

Business

Exclusive: Chinese Hackers Target Microsoft SharePoint in Sophisticated Cyber Attacks

Microsoft reports Chinese hackers exploiting SharePoint vulnerabilities, targeting on-premises servers. Security updates released to mitigate threats, with investigations ongoing i...

Business

Air India Completes Safety Checks on Boeing Fleet: No Issues Found with Fuel Control Switches

Air India has completed safety inspections on all its Boeing aircraft's fuel control switches as directed by DGCA, finding no issues. This follows a global call for checks after an...