Reports Financial News

A journalism trade publication is reporting that the editorials editor of the Los Angeles Times has resigned

Wall Street is drifting as a sharp drop for IBM helps cancel out a surge for Tesla

The world economy, buffeted by conflict and growing geopolitical rivalries, is in danger of getting stuck in a slow-growth, high-debt rut, the head of the International Monetary Fund warned Thursday

Southwest Airlines will replace several members of its board with candidates pushed by Elliott Investment Management to end a monthslong fight with the hedge fund

The number of Americans filing for unemployment benefits fell last week, but the total number of those collecting benefits rose to its highest level in almost three years

The average rate on a 30-year mortgage in the U.S. rose again this week, reaching its highest level in nearly three months

Union Pacific’s third-quarter profit grew 9% as West Coast imports surged and drove the railroad’s total volume up 6%

A new threat intelligence report from Microsoft says foreign adversaries have showed continued determination to influence the U.S. election and there are signs their activity will intensify as Election Day nears

North Carolina state legislators are returning to work to consider further relief for recovery from Hurricane Helene

Britain’s competition watchdog is opening a formal investigation into Google’s partnership with artificial intelligence startup Anthropic

Boeing factory workers have voted against the company’s latest contract offer and will remain on the picket lines six weeks into a strike that has stopped production of the aerospace giant’s bestselling jetliners

Companies News Today Live Updates: Stay ahead of the curve with the latest insights from the corporate world through our company news coverage. This section provides a detailed look at significant events affecting industries and markets globally, including mergers, acquisitions, financial reports, and strategic shifts in leadership and operations.

Delhi Assembly in the past one year till April 8, a survey report claimed on Thursday. The Delhi MLA Report Card 2024 prepared by Praja Foundation, an NGO, said the scope of the survey was expanded to evaluate the consolidated performance of the legislators who served in the Assembly for a minimum of three years. The report card assessed the performance of the MLAs from March 17, 2023 to April 8, 2024. All the eight MLAs who did not raise a single question during this period belong to the AAP. Two of them, Manish Sisodia and Satyendar Jain, were in judicial custody during the period under review. BJP MLA Ramvir Singh Bidhuri secured the first position in raising questions with a score of 81.81 per cent, followed by Bhupinder Singh Joon of the AAP at 78.77 per cent, and Rajesh Gupta, also from AAP, at 74.55 per cent, the report said.

Canada’s Rogers Communications on Thursday missed market expectations for third-quarter wireless subscriber additions, hit by cautious spending on its mobile plans and stiff competition in the telecom space.

Canada will reduce the number of new permanent residents to the country by 21 per cent by next year, Prime Minister Justin Trudeau and Immigration Minister Marc Miller announced on Thursday.

In its quarterly trading update today (24 October), the firm reported £3.5bn in net outflows from its investment arm, bringing the year-to-date total for the division to £4.5bn — a significant drop from the £13.5bn withdrawn by investors during the same period last year. The FTSE 250 asset manager said outflows were primarily driven by equities, which remain impacted by «challenging conditions» for flows in Asia and emerging markets, along with a shift towards passive and quantitative strategies. Investors pulled a net £2.4bn from the firm's equities strategies during the quarter, off...

iPhone SE 4 between the end of this year and the close of Q1 2025, further aligning with previous projections for its launch timeline. This production milestone mirrors earlier reports from Bloomberg’s Mark Gurman, who noted that Apple is gearing up for the release of a new SE model, codenamed V59.The iPhone SE 4 is expected to bring a significant design overhaul, abandoning the dated iPhone 8-like appearance seen in its predecessor.

Ojani Noa, the ex-husband of Jennifer Lopez, attributes their divorce to Sean Diddy Combs. In an interview with ‘Despierta America,’ Noa revealed the dissolution of the couple's brief, from 1997 to 1998, marriage. Diddy was partly to blame for that divorce, Noa said in response to a question concerning the couple's split, as quoted in a report by Page Six. In Spanish, Combs was going to be one of the producers of several tracks on the first album 'On The 6' when Sony came and paid her the millions she got. That's where the lies, the deceit, and the separation began. She was working on the album between Miami and New York, and I was in Los Angeles opening my restaurant. Regarding his divorce from the ‘On The Floor’ hitmaker, Noa continued, that's where the deception began—that distance, that separation.

United Parcel Service reported better-than-expected quarterly profit and revenue on Thursday, ahead of the crucial peak holiday season, boosted by rebounding volume and effective cost controls and shares soared as much as 10% in early trading. The world's biggest package delivery firm also raised its full-year adjusted operating margin forecast despite customers' ongoing switch to slower, cheaper deliveries in the long retrenchment that followed the early pandemic's e-commerce boom.

Bengaluru dominated as the country's top city for job opportunities and salary growth as it has registered a 9.3 per cent year-on-year increase, closely followed by Chennai and Delhi, a report said on Thursday. This growth underlines Bengaluru's reputation as a technology and business hub as the average monthly unified salary in the city stood at Rs 29,500, making it the highest-paying city in the country, according to TeamLease Services Jobs and Salaries Primer report for FY24. The report is based on an analysis of unified salaries across temporary and permanent hiring markets. This was closely followed by Chennai and Delhi, which reported strong salary growth of 7.5 per cent and 7.3 per cent, respectively, reflecting the competitive nature of these job markets, it noted.

Le Travenues Technology, the parent company of online travel aggregator Ixigo, which went public in June, saw its net profit decline by 51% year-on-year (YoY) to Rs 14 crore for the quarter ended September 2024. The company reported operating revenue of Rs 206 crore for the quarter, up 26% from Rs 164 crore a year ago. The company’s total expenses rose to Rs 191 crore in the September quarter from Rs 169 crore in the same period last year.