07:16 AM EDT, 05/03/2024 (MT Newswires) -- Magellan Aerospace ( MALJF ) overnight Thursday reported first-quarter earnings of $6.3 million, or $0.11 per share, up from $3.9 million, or $0.07 per share, a year earlier. Revenue for the quarter ended March 31 was $235.2 million, up $223.4 million a year earlier. Adjusted EBITDA for Q1 was $21.7 million, up from...

BOSTON (Reuters) - Massachusetts has become the latest front in a years-long battle in the United States over whether ride-share drivers for Uber and Lyft should be treated as independent contractors or employees entitled to benefits and wage protections. The state's top court is set to hear arguments on Monday over whether to let dueling ballot measures go before voters...

07:15 AM EDT, 05/03/2024 (MT Newswires) -- Hershey (HSY) reported Q1 adjusted earnings Friday of $3.07 per diluted share, up from $2.96 a year earlier. Analysts polled by Capital IQ expected $2.76. Net sales for the quarter ended March 31 were $3.25 billion compared with $2.99 billion earlier. Analysts polled by Capital IQ expected $3.11 billion. The confectionary company reiterated...

(Reuters) -The success of ballistic missile defences facing their first complex, high-stakes combat scenarios in Israel, the Red Sea and Ukraine will encourage militaries globally to invest in the pricey systems, experts say - and intensify missile arms races. Iran launched as many as 120 intermediate-range ballistic missiles at Israel on April 13, U.S. and Israeli officials say. U.S. SM-3...