Business

Lululemon sees annual revenue, profit below estimates amid board, demand challenges

Tuesday, March 17 by SRN News

March 17 (Reuters) - Athletic apparel maker Lululemon forecast 2026 revenue and profit below Wall Street expectations on Tuesday, underscoring its challenges as it faces rising competition and an attempt by founder Chip Wilson to overhaul the board. Its shares fell 2.4% in extended trading. Upheaval... Read More.

Baidu joins China’s OpenClaw frenzy with new AI agents

Tuesday, March 17 by SRN News

By Eduardo Baptista BEIJING, March 18 (Reuters) - Chinese tech giant Baidu on Tuesday unveiled a suite of artificial intelligence products, tapping growing domestic interest in OpenClaw, an open-source framework for agents that can perform complex tasks with less human input than chatbots. The company introduced... Read More.

US stock market crash fears ease even as Middle East war rages on

Tuesday, March 17 by SRN News

By Saqib Iqbal Ahmed NEW YORK, March 17 (Reuters) - Options traders' fears of a U.S. stock market crash have pulled back nearly to levels seen before the U.S.-Israeli attacks on Iran that made oil prices soar. The Nations TailDex Index and the Cboe Skew Index,... Read More.

Trump postpones his China trip to focus on the war in Iran

Tuesday, March 17 by SRN News

WASHINGTON (AP) - President Donald Trump is delaying a diplomatic trip to China that had been planned for months but began to unravel as he pressured Beijing and other world powers to use military might to protect the Strait of Hormuz. Trump said Tuesday while... Read More.

Microsoft unifies Copilot commercial and consumer product teams in unit rejig

Tuesday, March 17 by SRN News

March 17 (Reuters) - Microsoft said on Tuesday it is reorganizing its Copilot AI product teams by unifying its commercial and consumer versions, as the tech giant rushes to improve its AI assistant product and drive better adoption. Jacob Andreou, who has served as... Read More.

GM, LG retool Tennessee battery plant for energy storage batteries, recall laid-off workers

Tuesday, March 17 by SRN News

By Kalea Hall DETROIT, March 17 (Reuters) - General Motors and battery partner LG Energy Solution are transforming an electric-vehicle battery plant in Tennessee to make batteries for energy storage systems, the companies said Tuesday. GM and LG, through their joint venture Ultium Cells, will recall... Read More.

Boeing sees profit for commercial airplane division in 2027, later than expected

Tuesday, March 17 by SRN News

By Dan Catchpole and Nathan Gomes March 17 (Reuters) - Boeing expects its commercial airplane division to turn a profit in 2027, not this year as previously expected due to higher-than-expected costs of its purchase of parts supplier Spirit AeroSystems, its chief financial officer said... Read More.

Honeywell, Howmet juggle rising defense demand and commercial aerospace boom

Tuesday, March 17 by SRN News

March 17 (Reuters) - Executives from Honeywell Aerospace and Howmet Aerospace said on Tuesday they could grow capacity to meet strong commercial demand for plane parts and munitions as the defense sector ramps up due to geopolitical strife. U.S. aerospace suppliers are benefiting from strong... Read More.

Hungary and Slovakia strike a new fuel pipeline deal to steady regional supplies

Tuesday, March 17 by SRN News

BUDAPEST, Hungary (AP) - Hungary and Slovakia have agreed to build a pipeline that will transport oil products like gasoline and diesel in what Slovakia's Energy Ministry on Tuesday called a step toward improving the stability of fuel supplies in the region. The pipeline,... Read More.

Mastercard, Visa can appeal UK ruling that merchant fees breach antitrust law

Tuesday, March 17 by SRN News

LONDON, March 16 (Reuters) - Visa and Mastercard can challenge a judgment that found their default multilateral interchange fees charged to retailers infringe competition law, London's Court of Appeal ruled on Tuesday, in a long-running legal battle over the charges. The Competition Appeal Tribunal ruled... Read More.

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Current Weather

Lululemon sees annual revenue, profit below estimates amid board, demand challenges

Baidu joins China’s OpenClaw frenzy with new AI agents

US stock market crash fears ease even as Middle East war rages on

Trump postpones his China trip to focus on the war in Iran

Microsoft unifies Copilot commercial and consumer product teams in unit rejig

GM, LG retool Tennessee battery plant for energy storage batteries, recall laid-off workers

Boeing sees profit for commercial airplane division in 2027, later than expected

Honeywell, Howmet juggle rising defense demand and commercial aerospace boom

Hungary and Slovakia strike a new fuel pipeline deal to steady regional supplies

Mastercard, Visa can appeal UK ruling that merchant fees breach antitrust law

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