Amgen 2020 outlook falls short of Street estimates; shares slump
Amgen Inc on Thursday forecast 2020 earnings well short of Wall Street estimates, sending shares of the largest U.S. biotechnology company down 2.5%.
Amgen Inc on Thursday forecast 2020 earnings well short of Wall Street estimates, sending shares of the largest U.S. biotechnology company down 2.5%.
Pilots and flight attendants are demanding airlines stop flights to China as health officials declare a global emergency over the rapidly spreading coronavirus, with American Airlines' pilots filing a lawsuit seeking an immediate halt.
American Airlines Holdings Inc said it has reached a tentative deal with its mechanics union this week for a new joint collective bargaining agreements, nearing the end of bitter negotiations that have dragged on for years.
Asian share markets were fighting to stabilize at the end of a punishing week as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of more cases and more deaths.
American Airlines Holdings Inc and its mechanics union announced tentative joint collective bargaining agreements on Thursday covering five maintenance and fleet service groups after more than four years of often bitter negotiations.
Nintendo Co Ltd CEO Shuntaro Furukawa said the gaming company has no plans to launch a new Switch model this year.
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Nintendo Co Ltd CEO Shuntaro Furukawa said on Friday the gaming company has no plans to launch a fresh Switch model this year, dampening rumors it will offer an upgraded version of the hit device.
Asian share markets battled to regain their footing on Friday as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of ever more cases and mounting deaths.
Oil prices jumped on Friday following sharp losses this week, as the World Health Organization (WHO) came out against travel and trade restrictions in declaring a global emergency over the spread of the coronavirus that originated in China last year.
Asian share markets fought to regain their footing on Friday as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of more cases and mounting deaths.
U.S. oil major Chevron Corp said on Thursday it has asked its employees to postpone all "non-essential" business travel to China in the aftermath of the coronavirus outbreak.
Boeing Co on Wednesday swung to its first annual loss since 1997 as 737 MAX costs doubled to nearly $19 billion, and the plane manufacturer indicated it would again cut production of its bigger 787 Dreamliner aircraft, currently its main source of cash.
Lyft Inc plans to announce a restructuring that will result in job cuts, the New York Times reported on Wednesday, citing two people with knowledge of the matter.
Lyft Inc said on Wednesday it had cut about 2% of its workforce, or 90 jobs, as the ride-hailing company seeks to achieve its goal of profitability by the end of 2021.