Rio Tinto Maintains Annual Guidance After First-Quarter Iron-Ore Shipments Fall 10%

Rio Tinto maintained its 2024 guidance after the Australian mining giant reported a 10% fall in first-quarter iron-ore shipments. 


 
SK Networks to Sell Car Rental Business as Focus Shifts to AI

SK Networks plans to sell its car rental business to an Asian private-equity firm, a move that would help the South Korean company pare its debt and focus on growing its artificial-intelligence business. 


 
United Airlines rallies on profit forecast. But it's adapting to the 'reality' of Boeing's difficulties.

Shares of United Airlines Holdings Inc. rallied after hours on Tuesday, after the airline forecast a second-quarter profit that was above expectations, helped by strong demand and a rebound in business travel. 


 
Conservative Broadcaster OAN Settles Defamation Claims by Voting-Machine Company Smartmatic

The lawsuit alleged the pro-Trump network aired false claims that its voting technology stole votes in the 2020 presidential election. 


 
UnitedHealth Stock Soars After Earnings Beat Expectations, Despite Cyberattack

The healthcare and insurance company expects the attack to hit its full-year earnings. 


 
J.B. Hunt Earnings Tumble in Weak Freight Market

The key intermodal business saw revenue slide on declining volumes and rates. 


 
Take-Two Interactive to Cut 5% of Jobs, Slash Projects

The video game maker said the cost-cutting moves are expected to be finished by the end of the year. 


 
Trump's Truth Social Stake Shrinks by $3.4 Billion After Stock Tanks

Shares are down more than 65% from a recent peak after the first three weeks of trading. 


 
Investment Banking Bounceback Powers Big U.S. Lenders

Top U.S. banks, including Bank of America, JPMorgan and Goldman, posted better-than-expected earnings thanks to strong consumer spending and a flurry of Wall Street activity. 


 
Tesla Delays Cybertruck Deliveries, Leaving Buyers Confused

The pause is the latest issue for the carmaker, which recently announced job cuts.


(END) Dow Jones Newswires

04-17-24 0115ET