By Shivansh Tiwary (Reuters) -Shares of Ford Motor Co closed down 12.3% on Friday, after the automaker reported a wider…
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CEO Dimon to sell some of his JPMorgan shares for first time
By Niket Nishant, Lananh Nguyen and Nupur Anand (Reuters) -JPMorgan Chase Chief Executive Officer Jamie Dimon will sell some of…
Oil prices up 3% on worries about Middle East supplies
By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 3% to a one-week high on Friday on worries that…
Chevron’s third-quarter profit slumps, shares fall
By Sabrina Valle and Mrinalika Roy HOUSTON (Reuters) -Chevron on Friday posted a third-quarter profit that missed Wall Street estimates…
AbbVie takes $2.1 billion charge on cancer drug ahead of US price negotiation
By Leroy Leo and Christy Santhosh (Reuters) -AbbVie, girding for government price negotiations on its big-selling cancer drug Imbruvica, on…
Amazon’s cloud stabilizing, shoppers cautious heading into holiday season
By Jeffrey Dastin and Akash Sriram (Reuters) -Amazon.com on Thursday said growth in its cloud business is stabilizing as it…
Intel beats expectations as margins rise, manufacturing momentum builds
By Chavi Mehta, Max A. Cherney and Stephen Nellis (Reuters) -Intel forecast fourth-quarter revenue and margins above Wall Street estimates…
Ford again warns on EV results, withdraws 2023 forecast
By Paul Lienert and Nathan Gomes DETROIT (Reuters) -Ford Motor on Thursday withdrew its full-year results forecast due to “uncertainty”…
Chipotle quarterly results shine as burrito cravings defy high prices
By Deborah Mary Sophia (Reuters) -Chipotle Mexican Grill surpassed market expectations for quarterly results on Thursday, as unwavering demand for…
Oil prices settle up about 2% on worries about Middle East
By Nicole Jao NEW YORK (Reuters) -Oil prices rose about 2% on Wednesday, buoyed by worries about conflict in the…