FedEx hiked its 2023 earnings forecast on Thursday, citing cost-cutting measures that offset continued demand weakness.
Homebuilders say demand is rising, but they’re concerned about banking fallout
Homebuilder confidence rose in March for the third straight month, but sales expectations over the next six months fell.
Airline stocks slide despite CEOs’ upbeat demand outlook
Pricy vacations have helped revive airline profits in recent months.
Virgin Orbit pauses operations for a week, furloughs nearly entire staff as it seeks funding
Virgin Orbit is furloughing nearly all its employees and pausing operations for a week as it looks for a funding...
Amtrak announces ultra-cheap fares for late-night rides on popular routes
The cheap prices will be available for select routes between Washington, D.C., and New York running from 7 p.m. to...
Retailers see a tough year ahead, so they’re rolling out the recession playbook
Retailers including Target, Macy's and Kroger previewed their strategies for a slowdown in recent earnings reports.
Astra outlines its plan to avoid Nasdaq delisting, including possible reverse stock split
Astra is seeking a 180-day extension to Nasdaq's deadline for the company's stock to return above $1 a share.