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Business

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China’s Lenovo profit plunges 64%, misses estimates sharply
China's Lenovo posts quarterly profit, short of estimates, shares slip

BEIJING, China: China's Lenovo reported a steep 64 percent drop in fourth-quarter profit, falling significantly short of analyst expectations...

Economic data gives welcome relief to Wall Street
Dow Jones soars 741 points on robust consumer confidence

NEW YORK, New York - Strong economic data jump-started U.S. stocks and the dollar Tuesday, a welcome reprieve after weeks of pressure...

PepsiCo cleared in FTC case over Walmart discounts
FTC drops price bias lawsuit against PepsiCo

NEW YORK CITY, New York: This week, the U.S. Federal Trade Commission (FTC) dropped its lawsuit against PepsiCo, which had accused...

Builder discounts drive sales spike, but housing outlook wary
April US new home sales hit 3-year high amid price cuts

WASHINGTON, D.C.: New single-family home sales in the U.S. rose sharply in April to their highest level in over three years as builders...

CEO says health push weakened Nestle, vows return to F&B roots
Nestle refocuses on core food business after diversification misstep

VEVEY, Switzerland: Nestle is realigning its focus on its core food and beverage operations after expanding into areas like health...

Ford sues California law firms over alleged Lemon Law fee fraud
Ford accuses law firms of fraud, including billing 57-1/2 hour workday

DEARBORN, Michigan: Ford Motor Company has filed a lawsuit against several California lawyers and law firms, accusing them of cheating...

Airlines

Section
Bodies of 5 missing skiers recovered on mountain in Switzerland
Five skiers found dead near Zermatt in Swiss Alps

ZERMATT, Switzerland: Five skiers were found dead on a mountain in Switzerland near the popular ski resort of Zermatt, officials said...

Passenger traffic plummets at Newark Airport amid travel disruptions
Travelers avoid Newark Airport after air traffic issues, data shows

NEW YORK CITY, New York: Passenger numbers at Newark Liberty International Airport in New Jersey have dropped sharply, according to...

US FAA orders flight reductions at Newark Airport to ease congestion
US FAA announces Newark flight cuts to reduce congestion

WASHINGTON, D.C.: The Federal Aviation Administration (FAA) said this week that it will require airlines to reduce the number of flights...

Judge allows Delta to proceed with CrowdStrike lawsuit
Court: Delta can sue after outage canceled 7,000 flights

ATLANTA, Georgia: A judge in Georgia has ruled that Delta Air Lines can continue most of its lawsuit against the cybersecurity company...

Defence experts hail govt's decision to approve AMCA Programme Execution Model, calls it a "game-changing step"
Defence experts hail govt's decision to approve AMCA Programme Execution Model, calls it a "game-changing step"

Nagpur (Maharashtra) [India], May 28 (ANI): Defence experts on Wednesday hailed the government's decision to approve the Advanced Medium...

Delhi Airport emerges among Top 10 hubs in Asia-Pacific and Middle East region
Delhi Airport emerges among Top 10 hubs in Asia-Pacific and Middle East region

New Delhi [India], May 28 (ANI): Delhi Airport is the only Indian airport to be among top 10 hub airports in the Asia-Pacific and Middle...

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