Boeing, Northrop to join White House-backed advanced manufacturing program
Boeing Co and Northrop Grumman (NOC.N) are joining a White House-backed compact to help smaller U.S.-based suppliers increase the use of 3D printing and other…
Category: Business
P&G faces reckoning over Charmin, Bounty supply chain
Procter & Gamble Co (PG.N) will take steps aimed at reducing potential harm to forests from its purchases of wood pulp for toilet paper and…
T.J. Maxx owner lowers profit, sales forecast as consumers cut spending
TJX Cos Inc (TJX.N) cut its forecast for annual earnings and same-store sales after quarterly revenue missed estimates on Wednesday, as red-hot inflation forces Americans…
ONGC signs agreement with ExxonMobil for deepwater exploration in India
Indian oil explorer and producer Oil and Natural Gas Corp (ONGC.NS) said on Wednesday it signed a Heads of Agreement (HoA) with global petroleum giant…
Activist’s call for ESPN spin-off may be a tough sell at Disney
The first time billionaire investor Daniel Loeb began pushing for change at the Walt Disney Co (DIS.N), he got his wish. His hedge fund Third…
Norse Atlantic Airways says autumn bookings “very good”
Norse Atlantic Airways (NORSE.OL), which seeks to break into the long-haul market between Europe and the United States, has seen strong bookings for the upcoming…
U.S. business inventories increase solidly in June
U.S. business inventories increased strongly in June amid signs of a large buildup of stocks in the retail sector despite a pickup in sales. Business…