Boeing on the hook for $1 billion a month because of strike, as S&P frets anew
Boeing’s credit ratings at heightened risk of downgrade to junk as strike puts company’s recovery “at risk,” S&P says.
Utilities Rise as Treasury Yields Fall - Utilities Roundup
A London investment firm, Augusta & Co., is selling access to Norwegian hydroelectric power market to Middle East oil firms and other institutions, giving investors an opportunity to capture ...
Constellation Brands Names Former Sovos Executive Hermida as Chief Growth & Strategy Officer
Constellation Brands named E. Yuri Hermida as chief growth and strategy officer.
Communications Services Climb Amid AI Activity - Communications Services Roundup
Communications services companies rose amid optimism about artificial intelligence usage in the sector. British carrier Vodafone Group and Alphabet's Google expanded an existing partnership to add AI ...
Kinder Morgan Shuts Tampa-Area Terminals, Product Pipeline Ahead of Milton -- OPIS
U.S. energy infrastructure company Kinder Morgan shut down all product terminals in the Tampa area as well as Florida's only product pipeline connecting Tampa and Orlando ahead of the approach of ...
Consumer Cos Climb Ahead of Earnings - Consumer Roundup
The SPDR Select Sector Consumer Discretionary exchange-traded fund, a basket of retailers and restaurants, rose 1% to $196.99, set to test all-time highs. The Kering appointed Stefano Cantino as chief ...
Health Care Climbs on Obesity-Drug Optimism - Health Care Roundup
Eli Lilly shares rose as concerns about a shortage of its obesity drug continued to ease. About 6.8 million people are taking branded drugs of the glucose-like peptide inhibitor class with about ...
Anterix Names Scott Lang CEO, Succeeding Schwartz
Anterix named Scott Lang as its president and chief executive, succeeding Robert Schwartz. Schwartz is stepping down from the roles of president and chief executive, and he will transition to an ...
Materials Decline Amid China Stimulus Doubts - Materials Roundup
Producers of metals and other raw materials fell as expectations for a major Chinese stimulus spending bill faded. The Hong Kong Hang Seng index saw its biggest crash since 2008 after Beijing failed ...
Industrials Advance Ahead of Earnings - Industrials Roundup
Shares of industrial and transportation companies ticked up ahead of earnings. Shares of manufacturing conglomerate Honeywell International rose after it unveiled plans to spin off its advanced ...
Energy Falls as Middle East Tensions Subside - Energy Roundup
Shares of energy companies fell sharply as fears about widening conflict in the Middle East subsided somewhat.
Elon Musk’s X to be restored in Brazil after complying with judge’s demands
The Brazilian Supreme Court’s Justice Alexandre de Moraes on Tuesday authorized the restoration of social-media platform X’s ...