By Marisa Taylor, Mike Stone WASHINGTON (Reuters) -A group of 42 Democratic lawmakers has called for a review of Elon Musk’s role in the bidding process for the "Golden Dome" missile defense shield, a project championed by President Donald Trump. In a letter dated May 1 and sent to the acting US Defense Department Inspector General seen by Reuters, the group, led by Senator Elizabeth Warren and ...
NEW YORK (Reuters) -Estimated earnings growth for S&P 500 companies for the first quarter of the year has jumped in the latest week, while the forecast for second-quarter earnings fell further, according to LSEG Thursday. Thanks in part to upbeat results from big tech-related names including Microsoft (NASDAQ:MSFT), year-over-year S&P 500 earnings growth for the first quarter of 2025 is no ...
By Dan Catchpole and Aatreyee Dasgupta (Reuters) -Canadian business jet manufacturer Bombardier (OTC:BDRBF) reported higher first-quarter revenue on Thursday, owing to increased aircraft deliveries and growth in aftermarket services, but the company’s gains fell slightly short of investor expectations. Its shares were down 5% in early trading. Bombardier President and CEO Eric Martel said ...
By Mike Scarcella (Reuters) - Apple (NASDAQ:AAPL) faces a possible criminal contempt probe after a U.S. judge said it violated an order to open its lucrative App Store to more competition and misled the court. Here is a look at how Apple got here and what comes next in the blockbuster lawsuit brought by "Fortnite" maker Epic Games. WHAT DID THE JUDGE SAY? U.S. District Judge Yvonne Gonzalez ...