Business

Union Pacific Corp (UNP.N) on Thursday cut its annual volume growth forecast, as the U.S. railroad operator struggles with staffing shortages and weakness in intermodal demand amid a shift in …

Union Pacific cuts volume growth forecast on worker shortage, intermodal weakness Read More

American Airlines Group Inc (AAL.O) on Thursday forecast that fourth-quarter profit would exceed analyst estimates after posting better-than-expected earnings in the third quarter, as demand for travel remained resilient despite …

American Airlines forecasts stronger profit on resilient travel demand Read More

BMW (BMWG.DE) is testing a burner able to operate on both hydrogen and gas in its paint shop in Leipzig, the carmaker said on Thursday, as it also announced an …

BMW tests hydrogen burner at German plant, expands battery assembly lines Read More

Federal Reserve Bank of Philadelphia President Patrick Harker said Thursday the central bank is not done with raising its short-term rate target amid very high levels of inflation, while adding …

Fed’s Harker says high inflation calls for more rate hikes Read More

Six Volkswagen investors filed a case against the carmaker this week for refusing to discuss at its annual general meeting (AGM) whether its lobbying activities could threaten their investments, the …

Investors file lawsuit against VW over climate-change related lobbying disclosures Read More

Appliance maker Whirlpool Corp (WHR.N) is set to inaugurate a new factory in Buenos Aires after a $52 million investment, with plans to export more than 70% of the local …

Whirlpool opens factory in Argentina with $52 million investment Read More

U.S. railroad Union Pacific Corp’s (UNP.N) chief executive expressed confidence on workers agreeing to a new tentative contract that was agreed last month, although he warned that they could still …

Union Pacific confident of labor deal ratification; flags possibility of strike Read More