Microsoft beats quarterly estimates as AI boosts cloud business and spending
By Yuvraj Malik and Stephen Nellis (Reuters) -Microsoft on Tuesday surpassed Wall Street estimates for fourth-quarter revenue and profit as
2023-07-26 04:47
Microsoft reports $20.1B quarterly profit as it promises to lead "the new AI platform shift"
Microsoft on Tuesday reported fiscal fourth-quarter profit of $20.1 billion, or $2.69 per share, beating analyst expectations for $2.55 per share
2023-07-26 04:20
RTX to take up to 60 days to fix each GTF engine with contamination issue
(Reuters) -RTX Corp will need up to 60 days to inspect and fix each GTF engine used on Airbus jets
2023-07-26 04:17
PacWest merges with Banc of California in all-stock deal
Banc of California and PacWest Bancorp on Tuesday announced an all-stock merger with a $400 million equity raise
2023-07-26 04:17
Carlyle Offers iRobot a $200 Million Bridge Loan to Ride Out Antitrust Review
If all goes as planned — and it’s a real if — iRobot Corp. will be gobbled up
2023-07-26 04:15
Court says OxyContin maker's bankruptcy and protections for Sackler family members can move ahead
OxyContin maker Purdue Pharma can start its transformation under a bankruptcy agreement that allows the members of the wealthy Sackler family who own the company to avoid civil lawsuits over the opioid crisis, a court has ruled
2023-07-26 03:52
GM to add battery module assembly to some North American EV plants
By Paul Lienert General Motors will begin assembling electric vehicle battery packs near its BrightDrop commercial van plant
2023-07-26 03:50
Akuity Launches an AI Assistant for Argo CD to Help Troubleshoot Common Kubernetes Deployment Issues
SUNNYVALE, Calif.--(BUSINESS WIRE)--Jul 25, 2023--
2023-07-26 03:23
Don’t try to time the market, KKR’s Stavros says
By Maiya Keidan Private equity firms should stay consistent in deploying capital even when facing a more challenging
2023-07-26 03:17
Banc of California in talks to buy PacWest Bancorp - WSJ
Banc of California is in advanced talks to buy PacWest Bancorp, the Wall Street Journal reported on Tuesday,
2023-07-26 02:54
Factbox-What are global companies saying about China's economy?
Major global firms ranging from banks to chipmakers are taking a largely cautious stance on their China business
2023-07-26 02:29
Engines on some Airbus jets with Pratt & Whitney engines will need to be removed and inspected
Some Airbus passenger jets will need to have their engines removed and inspected in the coming months because engine maker Pratt & Whitney is finding a problem with metal powder used in some parts
2023-07-26 02:27