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GE Aerospace Forecasts Better 2025 Profit On Strong Demand For Parts And Services
GE Aerospace has forecasted a stronger profit this year after its fourth-quarter earnings exceeded Wall Street estimates.

By The Financial District
Jan 30, 20251 min read


OpenAI Says It Will Work With U.S. Government To Protect Technology
ChatGPT creator OpenAI stated that Chinese firms are ‘constantly’ trying to tap into U.S. rivals to enhance Chinese AI models.

By The Financial District
Jan 30, 20251 min read


Volkswagen To Make More Investments In U.S.
Volkswagen will need to make additional investments in the U.S. to meet its target of doubling its market share in the country.

By The Financial District
Jan 30, 20251 min read


Cebu’s Outlook For 2025: Poised For Sustained Growth, But Energy Capacity Remains Key
Cebu is off to a strong start in 2025, poised to capitalize on the strength of its tourism, manufacturing, and business process...

By The Financial District
Jan 28, 20253 min read


Costco Defends Diversity Policies Amid Shareholder Pushback
Costco is rejecting a shareholder proposal to evaluate potential business risks associated with its diversity, equity, and inclusion (DEI)..

By The Financial District
Jan 28, 20251 min read


Big Tech Seeks Direct Power Plant Connections For Data Centers
Tech giants are increasingly negotiating direct power deals with plant owners to meet their growing energy demands, bypassing the costly...

By The Financial District
Jan 28, 20251 min read


Rolls-Royce Strikes £9-B Submarine Reactor Deal
Rolls-Royce has secured a £9-billion deal with the UK Ministry of Defense to supply nuclear submarine reactors.

By The Financial District
Jan 28, 20251 min read


Mitsubishi Won’t Join Honda-Nissan Merger
Mitsubishi Motors Corp. is leaning toward not participating in the planned merger between Nissan Motor Co. and Honda Motor Co., instead...

By The Financial District
Jan 28, 20251 min read


UK Watchdog Targets Apple, Google Mobile Ecosystems
Britain's competition watchdog has launched investigations into the mobile ecosystems of Apple and Google under new digital market...

By The Financial District
Jan 27, 20251 min read


Boeing Took Nearly $3B Hit In Q4 Related To Strike, Layoffs
Boeing Co. said it incurred nearly $3 billion in charges in the fourth quarter of 2024 due to a lengthy labor stoppage, job cuts, and...

By The Financial District
Jan 27, 20251 min read


Google Promises Tougher Action On Fake Reviews After UK Probe
Google has pledged to implement stricter measures against fake online reviews, following an investigation by the UK’s CMA.

By The Financial District
Jan 27, 20251 min read


China’s Comac Aims To Boost C919 Jet Production In 2025
Chinese planemaker Comac plans to increase production of its homegrown C919 single-aisle jets to 50 this year.

By The Financial District
Jan 27, 20251 min read


After Thompson’s Murder, UnitedHealthcare Has A New CEO
UnitedHealthcare has announced a new CEO following the targeted killing of Brian Thompson in midtown Manhattan.

By The Financial District
Jan 27, 20251 min read


Smithfield Foods Targets Up To $10.7 Billion Valuation in U.S. IPO
Smithfield Foods is aiming for a valuation of up to $10.73 billion in its U.S. initial public offering.

By The Financial District
Jan 27, 20251 min read


PH1 World Developers Push Innovative Products
PH1 World Developers, a subsidiary of the renowned construction firm Megawide, has launched innovative new products that add more value to..

By The Financial District
Jan 24, 20253 min read


7-Eleven to Enhance Security Amid Rise Of Solo Workers At Night
Seven-Eleven Japan Co. plans to strengthen security at its convenience stores as more locations are operated by a single employee...

By The Financial District
Jan 24, 20251 min read


China Steps Up Vanke Intervention As Company’s Woes Deepen
Chinese officials are taking action to stabilize operations at China Vanke Co., following mounting liquidity stress and uncertainty over...

By The Financial District
Jan 22, 20251 min read


Rakuten Chief Defends Mobile Foray With Big AI Bet
Rakuten Group Inc.’s chief, Hiroshi Mikitani, dismissed criticism of the company’s entry into Japan’s competitive wireless market...

By The Financial District
Jan 22, 20251 min read


Teamsters Plan Strike At Costco On Feb. 1
Members of the Teamsters union have authorized a strike against Costco on Feb. 1 unless a deal is reached with the warehouse retailer...

By The Financial District
Jan 22, 20251 min read


Target Exceeds Holiday Sales Expectations But Faces Profit Concerns
Target posted better-than-expected holiday sales for 2025, reporting a 2.8% year-over-year increase in total sales for November and...

By The Financial District
Jan 22, 20251 min read


Snopes: No Evidence Tesla Laid Off Workers For H-1B Visa Holders
Social media posts have alleged that Tesla recently replaced laid-off American workers with H-1B visa holders, but no evidence has...

By The Financial District
Jan 22, 20251 min read


FTC Sues PepsiCo Over Alleged Price Discrimination Favoring Walmart
The Federal Trade Commission (FTC) has filed a lawsuit against PepsiCo, alleging illegal price discrimination that gave a large retailer...

By The Financial District
Jan 21, 20251 min read


Starbucks Plans Corporate Layoffs By March
Starbucks is preparing to implement layoffs as part of its "Back to Starbucks" plan to streamline operations.

By The Financial District
Jan 21, 20251 min read


SC Backs Law Calling For Sale Or Outright Ban Of TikTok In U.S.
The Supreme Court has ruled unanimously against TikTok, rejecting the social media platform’s First Amendment challenge to a law that...

By The Financial District
Jan 20, 20251 min read
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