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Raytheon Technologies Corp (RTX.N) raised its forecast for full-year adjusted profit on Tuesday, as rising commercial air travel boosted demand for the aerospace and defense firm’s engines, spare parts and aftermarket services. But in an interview with CNBC Raytheon’s Chief Read more
Hasbro Inc (HAS.O) beat quarterly profit estimates on Tuesday, helped by a rebound in its TV and film production business that cushioned some of the impact from toy shipment delays due to global supply chain bottlenecks. The toymaker’s shares rose Read more
Betting firm DraftKings (DKNG.O) walked away from a $22 billion attempt to buy gambling group Entain (ENT.L) on Tuesday, becoming the second American bidder this year to try and fail to take control of the British owner of Ladbrokes betting Read more
General Electric Co (GE.N) raised its full-year earnings forecast on Tuesday after a recovery in its jet-engine business helped it report higher-than-expected quarterly profit. The industrial conglomerate, however, said it faced a “challenging” operating environment because of global supply chain Read more
Top Wall Street firms warned at an investment conference in Riyadh of the risk of a sustained increase in prices with BlackRock, the world’s top asset manager, saying there is “high probability” of oil hitting $100 a barrel. Federal Reserve Read more
World business leaders want the upcoming United Nations climate summit to resolve issues that have so far hindered the use of carbon pricing to cut worldwide emissions, looking to boost the role that companies play in slowing global warming. Executives, Read more
Logitech International SA (LOGN.S) shares plunged 6% on Tuesday after the computer peripherals maker reported a steep fall in operating profit and said it was facing “unprecedented” supply chain problems. The maker of keyboards, mice and headsets became the latest Read more