Chevron CEO Michael Wirth reassures that the U.S. is not near a recession despite signs of slowing growth and IMF's adjusted forecasts, emphasizing a long-term economic perspective...
Elliott Investment Management urges BP to boost free cash flow by 40% via spending cuts, criticizing the current strategy as insufficient and proposing an alternative plan. Elliott...
The European Commission is set to impose its first Digital Markets Act penalties on Apple and Meta for alleged competition restrictions and data sharing violations, with potential ...
British Steel Ltd. has decided to keep two blast furnaces in Scunthorpe, UK, and halt plans to cut 2,700 jobs, following the UK government's emergency bill to protect the company. ...
Verizon Communications reports a 1.5% revenue increase to $33.5 billion in Q1 2025, with net income up by 6.3%. The company forecasts continued growth in wireless service revenue a...
Halliburton's Q1 fiscal 2025 revenue fell 6.9% to $5.4 billion, with net income dropping 66% to $203 million. Despite challenges, CEO Jeff Miller highlights strong international te...
RTX Corp. reported a 5% increase in Q1 revenue to $20.3B, with a net income drop of 10% to $1.5B. Segments showed mixed results, and the company set a 2025 sales guidance of $83B-$...
Lockheed Martin reports a 4.7% increase in Q1 2025 net sales to $18 billion, with net earnings up 13.3% and EPS rising to $7.28. CEO Jim Taiclet expresses confidence in achieving t...
