Business

The Media Line: IAI Delivers 350th F-35 Wing to Lockheed Martin in Program Landmark

Tuesday, February 10 by SRN News

IAI Delivers 350th F-35 Wing to Lockheed Martin in Program Landmark By The Media Line Staff Israel Aerospace Industries (IAI) has completed delivery of its 350th wing for the F-35 Lightning II, marking a production landmark in its years-long... Read More.

Two Elliott-appointed directors to step down from Southwest Airlines board

Tuesday, February 10 by SRN News

Feb 10 (Reuters) - Southwest Airlines said on Tuesday two directors representing activist investor Elliott Investment Management are stepping down from the board, effective February 23. The departing directors, David Cush, previously CEO of Virgin America, and Gregg Saretsky, former CEO of WestJet, were... Read More.

A young cancer patient and his family worry nearly a month into New York City nurses’ strike

Tuesday, February 10 by SRN News

PORT WASHINGTON, N.Y. (AP) - When thousands of New York City nurses walked off the job last month in the city's largest strike of its kind in decades, 9-year-old Logan Coyle was a patient in the cancer unit at NewYork-Presbyterian's children's hospital in Manhattan.... Read More.

Shares of US brokerages fall as AI worries extend to financials

Tuesday, February 10 by SRN News

Feb 10 (Reuters) - Shares of U.S. brokerages fell on Tuesday after wealth management startup Altruist introduced AI-enabled tax planning features, as the still-nascent technology continues to fuel disruption fears for the incumbents. The selloff reflects growing investor anxiety toward legacy financial and tech... Read More.

S&P 500, Nasdaq dip with economic data, earnings in focus

Tuesday, February 10 by SRN News

By Sinéad Carew and Twesha Dikshit Feb 10 (Reuters) - The S&P 500 and the Nasdaq closed lower on Tuesday as investors digested disappointing retail sales figures and waited for a key labor market report. The S&P 500 communication services sector was weighed down by... Read More.

Saks Global to close nine more stores amid bankruptcy proceedings

Tuesday, February 10 by SRN News

Feb 10 (Reuters) - Saks Global said on Tuesday it is closing nine more stores as the high-end department store conglomerate looks to focus on more profitable locations. The luxury retailer said it is closing eight Saks Fifth Avenue locations and one Neiman Marcus location... Read More.

Australian bank CBA posts record first-half cash earnings on lending growth

Tuesday, February 10 by SRN News

Feb 11 (Reuters) - Commonwealth Bank of Australia reported a record first-half cash earnings on Wednesday, propped up by robust growth in lending and deposit volumes, although margins were pressured due to tight competition in a low-interest-rate environment. Australia's biggest bank by market value reported... Read More.

Boeing plans to open fourth 737 production line in midsummer

Tuesday, February 10 by SRN News

By Dan Catchpole LYNNWOOD, Washington, Feb 10 (Reuters) - Boeing plans to open a fourth 737 MAX production line in Everett, Washington, in midsummer, a Boeing executive said on Tuesday at an aerospace suppliers' conference. The new line, dubbed the North Line, is part of... Read More.

Estee Lauder sues Walmart over alleged counterfeit fragrances

Tuesday, February 10 by SRN News

(Refiled with link to corrected complaint in paragraph 2) By Blake Brittain Feb 10 (Reuters) - Estee Lauder sued Walmart in California federal court on Monday, accusing the retail giant of selling knockoffs of Estee Lauder fragrance and skin care brands including Clinique, Tom Ford and... Read More.

Privacy activists call on California to remove covert license plate readers

Tuesday, February 10 by SRN News

More than two dozen privacy and advocacy organizations are calling on California Gov. Gavin Newsom to remove a network of covert license plate readers deployed across Southern California that the groups believe feed data into a controversial U.S. Border Patrol predictive domestic intelligence program... Read More.

Current Weather

The Media Line: IAI Delivers 350th F-35 Wing to Lockheed Martin in Program Landmark

Two Elliott-appointed directors to step down from Southwest Airlines board

A young cancer patient and his family worry nearly a month into New York City nurses’ strike

Shares of US brokerages fall as AI worries extend to financials

S&P 500, Nasdaq dip with economic data, earnings in focus

Saks Global to close nine more stores amid bankruptcy proceedings

Australian bank CBA posts record first-half cash earnings on lending growth

Boeing plans to open fourth 737 production line in midsummer

Estee Lauder sues Walmart over alleged counterfeit fragrances

Privacy activists call on California to remove covert license plate readers

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