Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

By Tim Hepher PARIS, Feb 12 (Reuters) - French-US jet engine maker CFM is studying a more conventional "advanced ducted" engine design alongside its preferred option for a radical open-fan concept for...

Feb 12 (Reuters) - U.S. utility Exelon on Thursday forecast full-year adjusted profit largely above analysts' expectations after beating fourth-quarter earnings estimates, driven by higher electricity...

Feb 12 (Reuters) - Utility PG&E tightened its full-year profit forecast on Thursday, raising the lower end of its range as it sees strong power demand driven by data centers and broader load growth. T...

Feb 12 (Reuters) - Wall Street broker Clear Street on Thursday cut the valuation it is seeking from its U.S. initial public offering to $7.2 billion, a big haircut from the initial target of $11.8 bil...

Feb 12 (Reuters) - American Electric Power surpassed Wall Street expectations for fourth-quarter profit on Thursday, and said it would expand its five-year capital expenditure plan beyond $72 billion ...

Feb 12 (Reuters) - Refiner PBF Energy reported a surprise profit on Thursday, as supply disruptions tied to the Russia-Ukraine war and improved crude price differentials lifted refining margins. PBF g...

FRANKFURT, Feb 12 (Reuters) - Hundreds of Lufthansa flights were cancelled on Thursday as pilots and flight attendants went on strike at Germany's largest airline, which has for years struggled to rei...

By Emilio Parodi MILAN, Feb 12 (Reuters) - Italian tax police carried out searches on Thursday at Amazon's headquarters in Milan in a new tax evasion investigation into the U.S. tech giant, two source...

By Kamal Choudhury Feb 12 (Reuters) - Baxter forecast annual profit well below Wall Street expectations on Thursday, bracing for a year marked by uncertainty around its infusion pump business and weak...

WASHINGTON, Feb 12 (Reuters) - Anthropic will spend $20 million to back U.S. political candidates who support regulating the AI industry, according to a company statement released on Thursday. The com...