(Reuters) -Union members who assemble Boeing (NYSE:BA)’s fighter jets in the St. Louis area have "overwhelmingly voted" to reject the company’s contract offer on Sunday, with the company now preparing for an imminent strike. Boeing’s proposal, which was sent on Tuesday to more than 3,200 members of the International Association of Machinists and Aerospace Workers (IAM) District 837, included ...
Investing.com -- The Department of Defense and other federal agencies have been testing AI models from Microsoft (NASDAQ:MSFT) and OpenAI specifically aimed at extracting data from analytics applications run by contractors like Palantir (NASDAQ:PLTR) and Lockheed Martin (NYSE:LMT), the Information reported on Monday. Major tech companies including Amazon (NASDAQ:AMZN), Microsoft, and Salesforce ...
Investing.com -- EssilorLuxottica posted a 7.3% year-on-year increase in revenue for the first half of 2025 at constant exchange rates, driven by strong growth in its Direct to Consumer segment and surging sales of its AI-enabled smart glasses. Group revenue reached €14.02 billion in H1, with adjusted operating profit steady at 18.3% of sales despite pressure from new U.S. import duties. Op ...
By Arasu Kannagi Basil (Reuters) -Investment firm Carlyle announced on Monday it has rejigged its senior leadership ranks and named three of its veterans for its newly created role of co-president. Chief Financial Officer John Redett, credit head Mark Jenkins and client business head Jeff Nedelman will become Carlyle’s co-presidents, effective January 1, 2026. "These individuals, all Carlyle ve ...