Business - Page 168

Uber and Lyft have reached a significant $328 million settlement with New York’s attorney general, Letitia James, resolving allegations that both ride-sharing giants systematically deprived drivers of fair wages and benefits. This

Palantir Technologies (PLTR.N) has announced that its artificial intelligence (AI) offerings are poised to fuel growth in the final quarter of 2023, following its fourth consecutive quarterly profit. This achievement is attributed

Toyota Motor (7203.T) delivered a remarkable performance in the second quarter, more than doubling its profit and significantly upgrading its full-year outlook. This surge in profitability can be attributed to the weaker

Aston Martin, the renowned British luxury car manufacturer, recently disclosed a larger-than-anticipated quarterly loss, which was attributed to production challenges associated with its new DB12 sports car. The company, headquartered in Gaydon,

Moderna (MRNA.O) is poised to achieve the lower end of its sales target for the year, buoyed by its COVID vaccine’s reach within the private market, say industry analysts. To reach its

GSK (GlaxoSmithKline) has once again increased its full-year profit and sales projections, buoyed by the successful launch of its respiratory syncytial virus (RSV) vaccine, Arexvy, in the United States. This strategic move

Employees from CVS Health Corp and Walgreens Boots Alliance’s U.S. pharmacies have embarked on a three-day walkout, demanding improved working conditions and increased staffing levels within their stores. The walkout, widely known

Vodafone (VOD.L) has sealed a significant deal to offload its Spanish business to Zegona Communications (ZEG.L) for a substantial sum of 5 billion euros ($5.30 billion). This strategic move marks the second

Marathon Petroleum (MPC.N) exceeded expectations in its third-quarter earnings report, benefiting from surging demand for refined fuel in the face of already tight supplies, which helped offset a decline in refining margins.

On Tuesday, Wall Street experienced a volatile trading session as investors awaited the Federal Reserve’s upcoming monetary policy meeting and digested various corporate earnings reports and economic indicators. The main stock indexes