Market Chatter: Genmab CEO Says Western Firms Should Tap Into China's 'Impressive Innovation'
Howard Buffett talks about life at Berkshire Hathaway and why he is donating hundreds of millions of dollars to Ukraine.
Transportation Secretary Pete Buttigieg on Friday said major U.S. airlines had declined to commit to boosting travel benefits for military personnel, the latest clash between the Biden administration and the air carriers. Buttigieg in April had urged airlines to do more for military personnel and vowed to publicize the issue on a dashboard but he said major carriers including Delta Air Lines, American Airlines and United Airlines have declined to "make clear and enforceable commitments to U.S. service members and their families."
Shares of Boston Beer soared Friday after The Wall Street Journal reported that Japanese whiskey-maker Suntory is in talks to buy the American brewer known for Samuel Adams. Boston Beer's stock was recently up 30%.
The Vanguard Information Technology ETF is a coiled spring for sustained earnings growth.
The year-over-year decline in Marvell's (MRVL) first-quarter fiscal 2025 earnings and revenues can be attributed to soft demand and inventory correction measures adopted by customers across majority of its end markets.
BYD, XPeng, NIO, BMW and Volkswagen are part of the Zacks top Analyst Blog.
Favorable oil price is a boon for ExxonMobil's (XOM) upstream operations.
Aircraft shortages are turning into a moneymaker for some airlines as the dearth of supply allows carriers to sell new planes to leasing companies at much higher prices than they paid. Carriers such as Denver-based Frontier Airlines and Hungary's Wizz Air have reported gains up to hundreds of millions of dollars through selling planes after taking delivery and renting them back for their own use. The tight airliner market has made these deals far more attractive, with U.S. airlines this year accounting for 24% of global sale-and-leaseback transactions, up from 10% in 2022, according to Cirium Ascend Consultancy.
Electric car prices will fall further this year as manufacturers resort to heavier discounting in an effort to boost sales, the boss of Auto Trader has predicted.
Prime members will now get free access to Grubhub+, expanding Amazon's food delivery and takeout services.