Flight schedules are changing around the world. Airline companies are reducing and introducing new flights to regulate the trend of corporate travel
Flight schedules are changing around the world. Airline companies are reducing and introducing new flights to regulate the trend of corporate travel
A new form of subscription plan is now available for Netflix subscribers and potential customers, with ad support being the main feature of the new plan.
Due to rising inflation and the risks of an impending recession, Lyft made a statement on the revision of the staffing table and the subsequent dismissal of about 700 employees, which is 13% of the company's total staff.
Eurozone finance ministers plan to meet on Monday, Nov. 7, in order to debate on supporting the economy in the context of rising energy prices. Reducing uncertainty over a budget allocation for 2023 may also be on the agenda, so that effective measures can be taken in view of a looming recession.
Exxon Mobil Corp will cover the losses of up to $2 billion. This money was received from the sale of a problematic offshore oil and gas field in California.
Apple Inc expects a lower number of shipments of high-end iPhone 14 models. In October, Apple with $2.2 trillion in assets, forecasted that its revenue would fall below 8% in the December quarter.
According to CNBC, mortgage origination volume has dropped again in recent weeks. As a consequence, there are fears that the bank will have to lay off more workers.
Analysts at Tigress Financial maintained a "Buy" recommendation, but lowered their target price on Amazon stock from $232 to $192 to reflect a revised valuation and growth rate adjustment.
The stock of Estée Lauder (EL), an American cosmetics company, fell by 10% after its announcement of lowering the company’s full-year forecast. According to Estée Lauder’s outlook, adjusted earnings per share (EPS) will be $1.43 on total revenue of $3.93 billion.
In October, Ford EV market share increased 2.2% year-over-year to 8.9%. Ford is a top 2 EV maker to trail Tesla according to electric vehicle sales.