The Indian Navy said it had rescued the crew of a US-owned vessel in the Gulf of Aden after an attack by Yemen’s Houthi movement as tensions in the region’s sea lanes disrupted global trade.
M&T Bank’s fourth-quarter profit plummeted 37% on Thursday, due to higher deposit costs and a special assessment fee the lender has to pay to refill a government deposit insurance fund
Fastenal surpassed fourth-quarter profit and revenue estimates on Thursday, as higher demand from manufacturers for its onsite products boosted sales of its products, such as safety gloves, power tools and other industrial equipment.
Social media platform Reddit has drawn up detailed plans to launch its initial public offering (IPO) in March, moving forward with a listing it has been eyeing for more than three years, according to people familiar with the matter.
Automotive supplier Bosch (ROBG.UL) wants to cut 1,200 jobs in its software development division by the end of 2026, a company spokesperson said on Thursday, confirming a report in Handelsblatt daily.
The European Commission said on Thursday it had send requests for information under the EU’s Digital Services Act (DSA) to 17 tech companies that it regards as very large online platforms (VLOP) and search engines.
Humana warned on Thursday that a spike in demand for medical services and patient care would lead to higher-than-expected medical costs in the fourth quarter and could hit its 2024 forecast, sending its shares plunging 12% before the bell.
Target said on Thursday it has named finance chief Michael Fiddelke its new chief operating officer, effective Feb. 4, replacing long-time executive John Mulligan.
