United Kingdom

Rachit Vats

Union Pacific operational overhaul gains traction, shares rise

20 Apr 2019

(This April 18 story corrects to show operating ratio declined, error also occurred in previous updates)

Delta lifts 2019 revenue target as robust demand fuels quarterly beat

10 Apr 2019

Delta Air Lines Inc on Wednesday lifted its 2019 revenue forecast after reporting better-than-expected quarterly profits, boosted by robust travel demand and a renewed agreement with credit-card issuer American Express Co.

Boeing records zero new MAX orders following global groundings

10 Apr 2019

Boeing Co's orders and deliveries sank in the first quarter, with zero new orders for the 737 MAX following a worldwide grounding in March in the wake of two fatal plane crashes. | Video

UPDATE 4-American trims quarterly revenue forecast on grounded jets, total cost unknown

09 Apr 2019

April 9 American Airlines Group Inc on Tuesday trimmed its first-quarter revenue forecast after cancelling more than 2,000 flights due to the global grounding of Boeing 737 MAX jets and problems with overhead bins in cabins of another Boeing jet that the airline was retrofitting.

Southwest trims first-quarter outlook after 737 MAX groundings

27 Mar 2019

Southwest Airlines Co on Wednesday was the first major U.S. airline to formally cut its financial outlook for the year after being forced to pull its new fleet of 34 Boeing 737 MAX planes out of service.

GE's CEO warns of negative industrial cash flow in 2019, shares drop

05 Mar 2019

General Electric Co's chief executive surprised investors on Tuesday by forecasting a net cash outflow from its industrial businesses this year mainly due to its ailing power-plant unit, a gloomy outlook that sent shares and bonds tumbling.

General Electric's modest gains, candor spark 'relief rally'

31 Jan 2019

General Electric Co beat estimates for sales and cash flow in the fourth quarter and said on Thursday it had reached a tentative deal to settle a subprime mortgage case with U.S. regulators, sending its shares sharply higher.

Nucor profit jumps on higher steel tariff, strong demand

29 Jan 2019

Nucor Corp handily beat fourth-quarter profit estimates, boosted by hefty tariffs on imported steel, and the company forecast first-quarter 2019 earnings to be stronger despite a fall in sheet prices and margins.

World News

Yellow vest demonstrators, police clash in Paris

Clashes broke out between dozens of demonstrators and police in Paris on the 23rd Saturday of yellow-vest protests after authorities warned that rioters could return to the French capital to spark a new wave of violence.