Business News

Business

Verizon Surpasses Expectations with a 1.5% Revenue Increase to $33.5 Billion in Q1 2025

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...

Business

RTX Corp. Announces 5% Sales Growth in Q1, Reaching $20.3B Amidst Dynamic Market Conditions

RTX Corp. reports a 5% increase in Q1 revenue to $20.3B, despite a 10% drop in net income. Collins Aerospace and Pratt & Whitney show growth, while Raytheon sales decline. The comp...

Business

Lockheed Martin Surges Ahead: Q1 2025 Net Sales Leap to $18 Billion, Marking a 4.7% Increase

Lockheed Martin Corporation reports a 4.7% increase in Q1 2025 net sales to $18 billion, with net earnings up 13.3%. CEO Jim Taiclet expresses confidence in meeting full-year finan...

Business

Regeneron and Fujifilm Forge a $3 Billion Alliance to Revolutionize US Biologic Medicine Production

Regeneron Pharmaceuticals Inc. and Fujifilm Diosynth Biotechnologies have entered a $3 billion agreement to produce biologic medicines in North Carolina, marking a significant step...

Business

Boeing Strikes a Monumental $10.5B Deal with Thoma Bravo, Shaping the Future of Digital Aviation

Boeing announces a $10.55 billion deal with Thoma Bravo for parts of its Digital Aviation Solutions, retaining core digital capabilities for fleet maintenance and diagnostics, with...

Business

Boeing Strikes a Massive $10.5B Deal with Thoma Bravo, Shaping the Future of Digital Aviation

Boeing announces a $10.55 billion deal with Thoma Bravo LP, selling portions of its Digital Aviation Solutions while retaining core digital capabilities for fleet maintenance and d...

Business

IMF Slashes Global Growth Forecasts Amid Trump's Tariff Wars: India's Economy Stands Relatively Stable

The IMF has revised India's 2025 GDP growth forecast down to 6.2% due to global trade tensions. Global economic growth forecasts have also been significantly reduced, with the US a...

Business

Ather Energy Adjusts IPO Strategy: A Closer Look at the Electric Scooter Pioneer's Market Move

Ather Energy, the electric two-wheeler maker, has trimmed its IPO size, reducing the primary offer by 15% and halving the secondary sale component. The move reflects a strategic ad...