Next Goldman CEO to take on old problems, new businesses
Goldman Sachs Group Inc named David Solomon as its next chief executive officer on Tuesday, ushering in a new era for the Wall Street bank as it expands into different businesses and revamps familiar ones.
Boeing to seek supplier cost reductions after Embraer deal: CEO
Boeing will press for deeper price cuts from suppliers with overlapping operations once it completes its planned acquisition of the regional jet business of Brazil’s Embraer, Chief Executive Dennis Muilenburg told Reuters on Tuesday.
TUI likely to plump for larger variant of 737 MAX plane
European travel and tourism group TUI is likely to plump for the larger variant of the Boeing 737 MAX plane when it exercises options on an existing order, a board member said on Tuesday.
UnitedHealth CFO sees 2018 medical costs in line with expectations
UnitedHealth Group Inc Chief Financial Officer John Rex said on Tuesday that patient medical costs are running within the company’s expectations and forecast they will stay that way this year.
Johnson & Johnson profit beat fueled by strength in pharma business
Johnson & Johnson topped analysts’ estimates for quarterly profit and revenue on Tuesday, as strong demand for cancer drugs Zytiga and Darzalex more than made up for declining sales of blockbuster treatment Remicade.
Goldman Sachs beats on bond trading strength, names new CEO
Goldman Sachs Group Inc reported a better-than-expected quarterly profit on Tuesday and named bank insider David Solomon to replace long-time Chief Executive Lloyd Blankfein.
Amazon, MLB add machine-learned stats to cloud deal
Amazon.com Inc will provide a new set of real-time statistics and graphics on live baseball games later this season, expanding its cloud computing deal with U.S. Major League Baseball, the two organizations told Reuters.
Stock futures dip as Netflix weighs; Powell testimony eyed
U.S. stocks were set to open lower on Tuesday as Netflix slumped after reporting weak subscriber growth and weighed on other technology stocks and as investors awaited Federal Reserve Chairman Jerome Powell’s Congressional testimony.
UnitedHealth medical costs miss estimates, shares slide
UnitedHealth Group Inc, the largest U.S. health insurer, reported second-quarter medical costs slightly higher than Wall Street expectations on Tuesday, sending its shares down nearly 2 percent before the opening bell.
UPS tests ‘smart lock’ technology in New York apartment buildings
United Parcel Service Inc on Tuesday said it is testing “smart lock” technology that allows its delivery drivers to open doors and drop multiple packages at secure locations inside apartment buildings around New York City.The test includes “hundreds…
