Tag: Corporate news
Late taxes another troubling sign for electric truck startup
CLEVELAND — The failure of an Ohio-based electric truck startup to pay $570,000 in real estate taxes due in early March is yet another...
BP to launch share buyback program after big profit spike
<p>LONDON — BP said Tuesday that it would be returning around a half-billion dollars to shareholders after “significantly” higher oil prices contributed to a...
Brazil regulator rejects Sputnik vaccine; Russia cries foul
RIO DE JANEIRO — Brazil's health regulator cited safety concerns while rejecting several states' requests to import almost 30 million doses of Russia's Sputnik...
Full COVID-19 lockdown adds to financial strain in Turkey
<p>ISTANBUL — As cases and deaths soar, Turkey’s president has instructed people to stay home for nearly three weeks and shut down many businesses...
Microsoft beats Wall Street expectations for early 2021
Microsoft’s business beat Wall Street expectations for the first three months of 2021, thanks to ongoing demand for its software and cloud computing services...
Slipping COVID-19 treatment demand hits Eli Lilly forecast
<p>INDIANAPOLIS — Eli Lilly fell well short of Wall Street’s first-quarter expectations, and the drugmaker chopped the top end of its earnings forecast due...
Largest firefighting plane may be sold for COVID-19 response
DENVER — As Western states prepare for this year’s wildfire season, the world’s largest firefighting plane has been grounded and could be converted to...
Europe starts tests for automated asteroid spotters
<p>BERLIN — Scientists said Tuesday they have switched on a new telescope at the European Southern Observatory as part of an effort to create...
Visa 2Q profits fall 2%, as economic slowdown hits payments
NEW YORK — Visa Inc.'s fiscal second-quarter profits fell 2% from a year earlier, as the company dealt with a slowdown across its payment...
UK firm Super Group entering US sports, online casino market
ATLANTIC CITY, N.J. — Super Group, a British company that owns a sports betting and an online casino company, is seeking to enter the...