Lockheed Martin raised its full-year profit and revenue forecasts on Tuesday as the U.S. weapons supplier overcame coronavirus-driven supply disruptions to post higher quarterly sales in its aeronautics unit that makes the F-35 fighter jet.
A recent rush into inflation-protected U.S. Treasury bonds has sent yields to near historic lows, but not all investors are buying into the story of higher inflation ahead.
Adobe Inc and International Business Machines Corp said on Tuesday they are teaming up to make marketing software easier to use for banks that face strict controls on how customer data must be handled.
Apple Inc said on Tuesday it plans to remove carbon emissions from its entire business, including its products and sprawling supply chain, over the next decade.
Carlyle Group Inc said on Tuesday that Glenn Youngkin will step down as co-chief executive to dedicate himself to public service, leaving Kewsong Lee as sole CEO of one of the world's biggest private equity firms.
Coca-Cola Co reported a 28.5per cent drop in quarterly revenue on Tuesday as sales of its trademark sodas were battered by the closure of restaurants, theaters, and sporting venues due to the COVID-19 pandemic.
Toyota Motor Corp will make 2per cent fewer vehicles globally in August than originally planned, the Japanese automaker said on Tuesday, as output recovers gradually from a steep drop because of the coronavirus pandemic.
Ask a Federal Reserve official what is the most important step needed to get the economy on track from the body blow dealt by the coronavirus pandemic, and you will likely get a short and fast answer: Wear a mask.
German payments firm Wirecard has hired Alix Partners for a forensic investigation of the accounting scandal which led to its collapse, people close to the matter said.
Smaller U.S. companies will bear the brunt of the economic downturn triggered by a prolonged coronavirus crisis as they struggle to cut costs as much as bigger multinational peers, analysts' estimates compiled by Reuters showed.
