Business News

Business

Ford Recalls Over 120,000 Vehicles Due to Dangerous Brake Fluid Leak Risks

Ford Motor Company recalls 123,611 vehicles due to a brake fluid leakage issue that could reduce braking performance and increase stopping distances, posing a significant crash ris...

Business

LVMH Signals Caution Amid Economic Turbulence Despite Strong 2025 Start

LVMH CEO Bernard Arnault warns of a slowdown due to economic turbulence and global tariffs, despite a strong start to 2025. The company plans to focus on ultra-luxury offerings as ...

Business

UnitedHealth Group Reports 10% Revenue Growth to $109.6B in Q1 2025 Amid Earnings Miss

UnitedHealth Group Inc. reports a 10% revenue increase to $109.6B in Q1 2025, with net earnings turning around from a loss to $6.5B. The company updates its 2025 outlook amidst a p...

Business

SpaceX Teams Up with Palantir and Anduril for Trump's Revolutionary Golden Dome Defense Project

SpaceX, alongside Palantir and Anduril, is leading the competition for key roles in President Trump's Golden Dome defense project, aiming to revolutionize missile defense systems i...

Business

American Express Surges Ahead: Q1 Revenue Climbs 7% to $16.96B Amid Strong Card Member Spending

American Express reports a 7% increase in Q1 revenue to $16.96B, with net income up 6% and EPS rising 9%. CEO Stephen Squeri highlights strong card member spending and a premium cu...

Business

Blackstone's Q1 Earnings Dip 10.8% Amid Market Turbulence, Yet Attracts Record $62B Inflows

Blackstone Inc. faces a 10.8% revenue drop in Q1 2025 but achieves a record $62 billion in inflows, showcasing strong investor trust and diversified strategy success amidst market ...

Business

Netflix's Q1 Growth Strategy: Doubling Down on Original Content and Market Expansion

Netflix anticipates strong Q1 growth, driven by original content and a crackdown on password-sharing, aiming for a $1 trillion market cap by 2030. With record subscriber additions ...

Business

Infosys Reports Significant 11.7% Drop in Q4 Net Profit Amidst Revenue Growth to Rs 40,925 Crore

Infosys reports an 11.7% drop in Q4 net profit but surpasses full-year revenue expectations with a 7.9% increase. The company announces a record cash flow and a proposed dividend i...