NEW YORK, Aug 6 (Reuters) - U.S. oil refiner Phillips 66 plans another round of job cuts to advance its strategic priorities and improve workforce efficiency, the company said on Tuesday. Phillips 66 continues to look to ways to position our organization to help advance its strategic priorities and enable more efficient ways of working, a company spokesperson said. As...

CHICAGO, Aug 6 (Reuters) - Microsoft ( MSFT ) on Tuesday blamed Delta Air Lines ( DAL ) for its dayslong struggle to recover from a global cyber outage that led it to cancel more than 6,000 flights. In a letter from an external lawyer, the company said while it is still investigating the circumstances surrounding the CrowdStrike ( CRWD...

The Walt Disney Company ( DIS ) shares are trading higher on Tuesday. The company is anticipated to release earnings on Wednesday before the market opens. The Details: The company is set to report its 2024 fiscal year third quarter earnings. Analysts estimate an EPS of $1.20 and revenue of $23.11 billion. What Else: As of Monday, Disney ( DIS...

12:03 PM EDT, 08/06/2024 (MT Newswires) -- BioMarin Pharmaceutical ( BMRN ) reported revenue of $712 million for the quarter, surpassing the $664 million forecast, driven by strong sales of Voxzogo and a $20 million one-time gain, RBC Capital Markets said in a note Tuesday. On Voxzogo, the company noted that supply is no longer constrained and label expansion for...