Latest in Profit Billion Aircraft
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Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.Business - The New York Times - October 31 -
Swiss bank UBS smashes third-quarter expectations with $1.4 billion in profit
Swiss banking titan UBS on Wednesday posted a large profit beat, after completing its first wave of client migrations following its integration of collapsed domestic rival Credit Suisse.Business - CNBC - October 30 -
World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).Business - CNBC - October 22 -
BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit
British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.Business - CNBC - October 29 -
Oil giant Shell posts $6 billion profit beat, launches new share buyback program
British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.Business - CNBC - October 31 -
Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier
Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenuesWorld - ABC News - 3 days ago -
CVS beats revenue views, but profit missed due to a $1.1 billion reserve charge
CVS’s stock surges after revenue rose well above expectations, while profit missed because of a large charge premium deficiency reserves charge.Business - MarketWatch - 2 days ago -
Navy aircraft with 2 aboard crashes east of Mount Rainier
A Navy aircraft with two crew members on board crashed east of Mount Rainier in Washington state Tuesday evening, and a search for the pair was ongoing, the Navy said.Top stories - NBC News - October 16 -
Ryanair warns of fewer flights next summer due to Boeing aircraft delays
Airlines are increasingly frustrated by the global shortage of new planesBusiness - Financial Times - October 16 -
Embraer CEO says jet maker studying possibilities for a new aircraft
The company is focusing on selling its E2 and regional jets and addressing supply chain issues, the CEO said.Business - CNBC - October 18 -
Embraer CEO says jet maker studying possibilities for a new aircraft
Brazilian plane maker Embraer SA is studying the market and new technology that could warrant it building an all-new jet, CEO Francisco Gomes Neto told CNBC.Top stories - NBC News - October 18 -
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The leaders of India and Spain launch India's first private military aircraft plant
Indian Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez have inaugurated India’s first private military aircraft plantWorld - ABC News - October 28 -
Airbus sticks to aircraft production target despite supply chain woes
Board plans to propose renewing Guillaume Faury’s mandate as chief executive next yearBusiness - Financial Times - October 30 -
This Electric Aircraft-Maker Just Landed a $318 Million Investment
Beta Technologies’s Series C funding comes just a month after a $20 million investment to build out charging infrastructure across the country.Business - Inc. - 6 days ago -
Pentagon sending more bomber aircraft, warships to Middle East
{beacon} Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story More US bomber aircraft, warships heading to Middle East ...Politics - The Hill - 6 days ago -
This Startup Is Cruising Forward With Plans for a Futuristic, Climate-Friendly Aircraft
JetZero aims to halve aviation industry greenhouse gas emissions through a cutting-edge blended wing body aircraft design.Business - Inc. - 4 days ago -
This Startup’s Futuristic, Blimp-Like Aircraft Could Keep an Eye on the World Below
Sceye’s high altitude platform system is designed to float in the stratosphere and monitor methane leaks and other events.Business - Inc. - Yesterday -
China employs 125 military aircraft in exercises aimed at Taiwan in single-day record, Taiwan's government says
China employs 125 military aircraft in exercises aimed at Taiwan in single-day record, Taiwan's government saysWorld - ABC News - October 14 -
China deploys record 125 warplanes in large scale military drill in warning to Taiwan
Taiwan’s Defense Ministry called the drills a provocation.World - ABC News - October 14 -
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Mystery of downed airplane in Sudan deepens as Kyrgyzstan insists aircraft had been de-registered
The mystery surrounding a crashed cargo plane in Sudan purportedly downed by the paramilitary Rapid Support Forces has deepened as authorities insist the aircraft had been de-registered in KyrgyzstanWorld - ABC News - October 22 -
Air Force overpaid nearly 8,000% for soap dispensers for aircraft, IG report says
The dispensers were one of about a dozen spare parts for which Boeing overcharged the Air Force, according to the Pentagon inspector general report.Top stories - CBS News - October 29 -
Iberdrola Profit Lifted by Record Investments
Spain’s energy giant Iberdrola posted a 50% rise in net profit for the first nine months of the year helped by record-high investments in its U.S. and U.K. networks.Business - The Wall Street Journal - October 23 -
Debt rule to change to fund major projects
Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.Top stories - BBC News - October 18 -
Billions of levelling-up cash in limbo
Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.Top stories - BBC News - October 27 -
Mass deportation could cost billions
Bankrolling mass deportation would be costly. It would also require a lot more manpower.Top stories - CBS News - October 27 -
Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound
Morgan Stanley rounds off strong earnings seasonBusiness - Financial Times - October 16 -
Whitbread Aims to Boost Profit, Shareholder Returns
The U.K. hotel-and-restaurant company said it forecasts an increase of at least £300 million in profit by fiscal 2030, and to generate more than £2 billion for dividends, share buybacks and ...Business - The Wall Street Journal - October 16 -
ABB Posts Higher Profit, Raises Margin Guidance
The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.Business - The Wall Street Journal - October 17 -
CVS replaces CEO as profits, share price suffer
Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.Top stories - NBC News - October 18 -
Tele2 Posts Higher Profits; Backs Targets
Tele2 reported a slightly higher third-quarter net profit, helped by growth in revenue from its core telecommunications services, though revenue and underlying earnings were a touch below ...Business - The Wall Street Journal - October 22 -
Kering warns on profit as Gucci sales plunge
French luxury group grapples with turnaround at its biggest brand as demand dips in AsiaBusiness - Financial Times - October 24 -
Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year
Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.Business - CNBC - October 24 -
Tesla Surprises Wall Street With Strong Third-Quarter Results
The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.Business - The Wall Street Journal - October 24