General Motors CEO Mary Barra, center, at the New York Stock Exchange, Nov. 17, 2022.Source: NYSEDETROIT — Wall Street expects General Motors to be the standout among the traditional Detroit automakers when they report second-quarter results this week, with sales and vehicle prices stable during the first half of...
Travelers wait in line at a Delta Airlines counter at Ronald Reagan National Airport in Arlington, Virginia, on July 19, 2024. Airlines around the world experienced disruption on an unprecedented scale after a widespread global computer outage grounded planes and created chaos at airports.Ting Shen/Bloomberg via Getty ImagesDelta Air...
A Ryanair passenger plane lands at Cologne/Bonn Airport.Thomas Banneyer | Picture Alliance | Getty ImagesRyanair shares fell on Monday after the company said its quarterly profit after tax had fallen 46% and fares will be lower than expected in the summer months.At 8:57 a.m. London time, Ryanair shares were...
Boeing's Stephanie Pope gives a press conference at the Paris Le Bourget Airport, on June 20, 2023.Geoffroy Van Der Hasselt | AFP | Getty ImagesLONDON — Boeing's output of 737 Max planes is showing signs of improvement, the new head of its commercial unit said ahead of a major...
Berkshire Hathaway has reduced a sizable chuck of share count through buybacks in recent years as Warren Buffett views the repurchase program as an effective way to reward long-term shareholders. Over the past five and a half years (22 quarters), the conglomerate has repurchased nearly $75 billion worth of...
Wall Street will get its first glimpse of Big Tech earnings this week. Google-parent Alphabet and Tesla are among the more than 100 S & P 500 companies slated to report. Results from Ford Motor, IBM and General Motors are also on deck. The reporting period is off to...
The United Airlines terminal on July 19, 2024 as a global technology outage affected LAX airport in Los Angeles. Myung J. Chun | Los Angeles Times | Getty ImagesFlight cancellations and delays continued on Saturday as airlines worked to recover from a global IT outage sparked chaos at airports and...
A Starbucks coffee shop in Amsterdam.Nicolas Economou | Nurphoto | Getty ImagesElliott Management has taken a significant stake in coffee chain Starbucks and is engaging with management to find ways to improve the company's share price, the Wall Street Journal reported Friday, citing people familiar with the matter.Representatives for...
Check out the companies making headlines in midday trading. CrowdStrike – The stock fell more than 10% after an update by the cybersecurity firm caused a major IT outage that affected airlines, hospitals, financial services firms and other businesses . Shares of Microsoft were also marginally lower following the...
Crowds are seen building up at Suvarnabhumi Airport as a global IT disruption caused by a Microsoft outage and a Crowdstrike IT problem combine to affect users on July 19, 2024 in Bangkok, Thailand. Mailee Osten-tan | Getty Images News | Getty ImagesSeveral airlines halted flights on Friday, while others...