Alaska Airlines Confronts Challenging Start to Year
The company posted upbeat results for the last three months of 2023 but said the start to 2024 had been challenging after a door plug blew off a Boeing-made plane.
The company posted upbeat results for the last three months of 2023 but said the start to 2024 had been challenging after a door plug blew off a Boeing-made plane.
Tech startups get a cool reception and meager dollars from the Defense Department despite the Pentagon’s rhetoric that it will buy more from Silicon Valley.
The shares of Travelers and Allstate have climbed to records after big rate increases.
CEO Elon Musk wants people to think of Tesla as a tech company, but auto-company snags keep getting in the way.
The nation’s individual investors are desperate to shift their money out of the country—and they are willing to pay a big premium to do so.
Sales of SK Hynix’s memory chips used by AI have boomed—but it faces a major fight with its Korean rival.
Germany’s Ifo business-climate index fell further in January, offering more proof that the eurozone’s most important economy is stuck in a rut.
The timing and scale of the People’s Bank of China’s policy easing may have surprised investors and given stock markets a much-needed lift, but it does little to resolve long-term economic concerns.
Base metals and gold were little changed as investors weighed broad market concerns over supply disruptions and China’s move to boost liquidity in the banking sector in an effort to prop up economic growth.
Oil prices traded higher after U.S. data showed a significant drop in crude stockpiles last week and China cut reserve requirements for banks in order to spur growth, bolstering sentiment around the country’s economic recovery.
The mining giant’s decision is the latest sign of how Houthi attacks in the region have upended global trade.
Givaudan said it was on track to reach its 2025 goals after it reported lower underlying profits and sales last year.
STMicroelectronics has targeted net revenue of $3.6 billion and a lower gross margin in the first quarter after its fourth-quarter results largely missed expectations.
The euro edged higher against the dollar and could gain further if German Ifo sentiment data, due at 0900 GMT, show some improvement, as expected, UniCredit Research said.
Eurozone government bond yields nudged up ahead of the ECB meeting, with market participants looking for guidance on the timing of expected interest-rate cuts, Commerzbank Research said.
Hyundai Motor posted solid net profit growth in the final quarter of 2023, but flagged possibly tough business conditions amid economic uncertainties in emerging markets.
Publicis said organic revenue growth accelerated to 5.7% in the fourth quarter, ahead of analysts’ expectations.
Nokia expects the challenging network industry environment to continue through the first half of 2024 as operator spending remains muted, but said the situation should improve later in the year.
Sasol said its first-half performance was affected by the weak economic environment, with production down 1%, though it backed prior guidance despite expecting pricing and demand volatility to persist.
Shares of Chinese electric-vehicle markers were lower after Tesla’s latest results and its outlook for 2024 reaffirmed investor worries about slowing demand in China.
The agency will allow Alaska Airlines and United Airlines to inspect jets and fly them again after a door-plug blowout.
India’s warships have been the first responders in a number of the region’s recent incidents, including a distress call last week from a U.S.-owned bulk carrier.
Soldiers have been creating a no man’s land just inside the enclave.
Investors are debating the timing and scale of interest rate cuts this election year.
The former president is proving less vulnerable on the legal front than many of his critics predicted.
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