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Biogen lifts 2024 profit forecast on cost cuts, drug launches

(Reuters) -Biogen lifted its full-year earnings forecast on Thursday, as the launch of new treatments and cost-cutting program are expected to make up for falling sales of its older multiple.

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Rolls-Royce to pay first dividend since pandemic as profits surge

By Paul Sandle LONDON (Reuters) -Rolls-Royce will pay a dividend for the first time since the pandemic as Chief Executive Tufan Erginbilgic’s recovery plan gathers pace, with the British aero.

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Carvana shares surge on robust 2024 core profit forecast

(Reuters) – Shares of Carvana surged nearly 13% in premarket trade a day after the used car retailer forecast annual core profit above Wall Street estimates, as more car buyers.

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Loews CEO James Tisch to step down after 25 years

(Reuters) -Insurance firm Loews (NYSE:L)’ CEO James Tisch will step down after nearly 25 years at the helm, with his son Benjamin named the successor, the company said on Monday..

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Wall St opens higher ahead of Fed verdict, Big Tech earnings

(Reuters) – Wall Street’s main indexes opened on a strong note on Monday, as investors geared up for a Federal Reserve interest-rate decision, along with Big Tech earnings and crucial.

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McDonald’s sales fall globally for first time in more than three years

By Savyata Mishra (Reuters) -McDonald’s reported a surprise drop in sales worldwide on Monday, its first decline in 13 quarters, as deal-seeking consumers shy away from higher priced menu items.

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Nasdaq says top shareholder Thoma Bravo to sell shares worth $2.8 billion

(Reuters) -Nasdaq said on Friday that private equity firm Thoma Bravo will sell 41.6 million shares in the transatlantic exchange operator through a secondary public offering. The announcement sent Nasdaq.

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US union and Apple reach tentative labor agreement

(Reuters) -The International Association of Machinists and Aerospace Workers (IAM) Coalition of Organized Retail Employees (IAM CORE) reached a tentative agreement with tech giant Apple (NASDAQ:AAPL) on Friday over improvement.

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India’s central bank fines Visa for unauthorised payment method

BENGALURU (Reuters) -The Reserve Bank of India imposed a penalty of 24.1 million rupees (nearly $288,000) on Visa (NYSE:V) in relation to its usage of an unauthorised payment transfer method,.

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GM, Ford profit may take a hit from cooling EV demand, US dealer software outage

By Nathan Gomes and Nora Eckert (Reuters) – General Motors (NYSE:GM) and Ford (NYSE:F) may post lower profit when they report quarterly results this week, as the industry’s high-stakes bet.

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