Business

Boeing cuts estimates for 737 MAX deliveries, flags supply-chain constraints

Boeing cuts estimates for 737 MAX deliveries, flags supply-chain constraints

The Boeing logo is seen on the side of a Boeing 737 MAX at the Farnborough International Airshow in Farnborough, Britain, July 20, 2022. REUTERS/Peter Cziborra/File Photo Register now for FREE unlimited access to Reuters.com Register July 27 (Reuters) – Boeing Co (BA.N) executives on Wednesday cut estimates for 737 MAX deliveries this year and …

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Lundin Mining Announces Board of Directors and Executive Leadership Appointments

Lundin Mining Announces Board of Directors and Executive Leadership Appointments

Lundin Mining Announces Board of Directors and Executive Leadership Appointments July 27, 2022 TORONTO, July 27, 2022 /CNW/ – (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) is pleased to announce the appointment of Ms. Natasha Vaz to the Company’s Board of Directors (the “Board”) effective August 1, 2022. The Company …

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Jim Chalmers to cut economic growth estimates amid inflation ‘headwinds’

The federal treasurer, Jim Chalmers, will use the state of the economy speech to trim the national growth estimates, citing global economic “headwinds”. “[T]he headwinds our economy is facing – higher inflation at the top of that list, along with slowing global growth – are now reflected in the revised economic outcomes and forecasts,” Chalmers …

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Fed raise rates again, says will not relent in inflation fight

Fed raise rates again, says will not relent in inflation fight

Fed raises policy rate to 2.25%-2.50% range U.S. central bank flags weakening economic data Fed’s Powell to speak at 2:30 p.m. EDT (1830 GMT) WASHINGTON, July 27 (Reuters) – The Federal Reserve raised its benchmark overnight interest rate by three-quarters of a percentage point on Wednesday in an effort to cool the most intense breakout …

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Fed raise rates again, says will not relent in inflation fight

Fed raise rates again, says will not relent in inflation fight

Fed raises policy rate to 2.25%-2.50% range U.S. central bank flags weakening economic data Fed’s Powell to speak at 2:30 p.m. EDT (1830 GMT) WASHINGTON, July 27 (Reuters) – The Federal Reserve raised its benchmark overnight interest rate by three-quarters of a percentage point on Wednesday in an effort to cool the most intense breakout …

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Best Buy cuts its outlook, joining other retailers as inflation pressures shoppers

Best Buy cuts its outlook, joining other retailers as inflation pressures shoppers

Customers shop at a Best Buy store on August 24, 2021 in Chicago, Illinois. Scott Olson | Getty Images Best Buy on Wednesday cut its forecast for its fiscal year and second quarter, saying it has seen weaker demand for consumer electronics amid inflation. The consumer electronics retailer said it now expects same-store sales to …

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Microsoft says it caught an Austrian spyware group using previously unknown Windows exploits

Microsoft says it caught an Austrian spyware group using previously unknown Windows exploits

Microsoft’s security and threat intelligence teams have reportedly caught an Austrian company selling spyware based on previously unknown Windows exploits. The new details were released on Wednesday in a technical blog post from Microsoft’s Threat Intelligence Center (MSTIC), published to coincide with written testimony given by the software company to a House Intelligence Committee hearing …

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Meta reports earnings, revenue miss and forecasts second straight quarter of declining sales

Meta reports earnings, revenue miss and forecasts second straight quarter of declining sales

Facebook parent Meta reported a steeper-than-expected drop in revenue, missed on earnings and issued a surprisingly weak forecast pointing to a second consecutive decline in year-over-year sales. The shares dropped 3.8% in extended trading. Here’s how the company did: Earnings: $2.46 per share vs. $2.59 per share expected, according to Refinitiv Revenue: $28.82 billion vs. …

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WalkMe Establishes International Digital Adoption Professionals (DAP) Day to Honor Individuals Shaping the Future of Digital Transformation

WalkMe Establishes International Digital Adoption Professionals (DAP) Day to Honor Individuals Shaping the Future of Digital Transformation

Announces date for Elevate, the world’s largest career development event for DAP Professionals; Opens nominations for first-ever Top 100 DAP Professionals list, #DAPP100 SAN FRANCISCO, July 27, 2022 /PRNewswire/ — WalkMe Ltd. (NASDAQ: WKME), a leading provider of digital adoption solutions, today announced it has officially established International Digital Adoption (DAP) Professionals Day as a …

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FTC sues to block Facebook owner Meta from buying VR fitness app maker

FTC sues to block Facebook owner Meta from buying VR fitness app maker

Facebook CEO Mark Zuckerberg testifies before the U.S. House Financial Services Committee during An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors hearing on Capitol Hill in Washington on Oct. 23, 2019. Xinhua News Agency | Getty Images The Federal Trade Commission is suing to block Facebook owner Meta from …

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