Airbus has announced plans to slash up to 2,500 jobs in its defense and space division, citing a “complex business environment” marked by challenges including rising costs and “rapid changes in warfare.” The European aerospace giant, which competes with beleaguered Boeing (BA) in airplane manufacturing, said Wednesday that it expects to complete the layoffs…

Kinnevik AB (OTCPK:KNVKF) Q3 2024 Results Conference Call October 16, 2024 4:00 AM ET Company Participants Georgi Ganev – CEOSamuel Sjöström – CFOTorun Litzen – Director of Corporate Communications Conference Call Participants David Johansson – Nordea MarketsLinus Sigurdson – DNB MarketsAndreas Joelsson – CarnegieDerek Laliberte – ABG Sundal CollierBharath Nagaraj…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US carmaker General Motors has increased its investment in a lithium mine to nearly $1bn as it seeks to secure the long-term supply of a metal that is crucial to the production…

A federal judge ordered Alabama’s Republican secretary of state on Wednesday to reverse a program that purged more than 3,000 names from the state’s voter rolls, agreeing with the Biden administration’s argument that the purge took place too close to the election. “For decades, federal law has given states a hard deadline…

The start of the Medicare Open Enrollment Period revealed major changes in the availability of plans and pricing. The biggest changes are in Medicare Advantage plans and Part D prescription drug plans. As expected, significant changes were on the way because of announcements from major insurers and policy changes from…

While building up your retirement savings is important, how much money you’ll actually need depends on where you are. That’s because the annual cost of living can vary by over $71,000 between U.S. states, according to a recent GOBankingRates analysis.Hawaii has the highest average retirement expenses, with an estimated $129,296…

United Airlines said Tuesday that it is starting a $1.5 billion share buyback as the carrier reported higher-than-expected earnings for the busy summer travel season and forecast strong results for the last three months of the year.United expects to earn an adjusted $2.50 to $3.00 a share in the fourth…

Political journalist Ryan Lizza has accused his ex-fianceé, the acclaimed magazine writer Olivia Nuzzi, of “catastrophically reckless behavior” in a year-long affair with Robert F. Kennedy Jr. that led to the journalists’ breakup this summer, according to new court filings in an ongoing dispute between Lizza and Nuzzi. In a…

This article was written byFollowLong Player believes oil and gas is a boom-bust, cyclical industry. It takes patience, and it certainly helps to have experience. He has been focusing on this industry for years. He is a retired CPA, and holds an MBA and MA. He leads the investing group…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Boeing has announced plans to raise up to $25bn in new capital and agreed a $10bn credit facility, as the US plane maker seeks to shore up its balance sheet in the…