JetBlue’s full-year revenue forecast misses estimates, shares fall
(Reuters) – JetBlue Airways forecast a bigger-than-expected fall in 2024 revenue amid a moderation in domestic travel demand ahead of…
Business
AT&T announces $1 billion fiber deal with Corning
(Reuters) – AT&T said on Monday it had struck a $1 billion multi-year deal with Corning to buy fiber, cable,…
Alibaba to pay $433.5 million to settle shareholder lawsuit over monopoly claims
(Reuters) – China’s Alibaba said on Friday it had agreed to pay $433.5 million to settle a U.S. class-action lawsuit…
Google to develop AI that takes over computers, The Information reports
(Reuters) – Alphabet’s Google is developing artificial intelligence technology that takes over a web browser to complete tasks such as…
HCA Healthcare misses quarterly profit estimates, forecasts up to $300-million hit in Q4
(Reuters) -HCA Healthcare missed Wall Street estimates for quarterly profit on Friday and forecast up to a $300-million hit in…
Frontier Communications asks shareholders to accept Verizon’s takeover bid
(Reuters) – Frontier Communications urged shareholders on Friday to vote for a $20 billion takeover bid from Verizon, saying that…
Intel to invest more than $28 billion to build two chip factories in Ohio
(Reuters) -Intel said on Friday it would invest more than $28 billion to construct two new chip factories in Licking…
Platinum Equity’s Ingram Micro valued at $6 billion as shares jump 15% in NYSE debut
By Arasu Kannagi Basil and Echo Wang (Reuters) -Ingram Micro notched a valuation of $6 billion after shares jumped 15%…
Exclusive-JBS, Sigma vie for Kraft Heinz’s $3 billion hot-dog business, sources say
By Abigail Summerville NEW YORK (Reuters) – Brazilian meatpacker JBS and Mexico’s Sigma Alimentos are among those competing to acquire…
World Bank says will double agricultural commitments to $9 billion a year by 2030
WASHINGTON (Reuters) – The World Bank will double its commitment for investments in agricultural financing and businesses to $9 billion…