Jan 28 (Reuters) - Payments giant Visa and Elon Musk's X are partnering to offer direct payment solutions to customers of the social media app, a person familiar with the matter told Reuters on Tuesday. The deal comes as the billionaire continues his efforts to transform the X platform into an everything app, aiming to offer a wide range of...

Lockheed Martin Corp ( LMT ) shares are trading lower after the company reported mixed fourth-quarter 2024 results. The company reported a net sales decline of 1.3% year-over-year to $18.622 billion, missing the consensus of $18.91 billion. LMT reported Adjusted EPS of $7.67, beating the consensus of $6.64. The gross margin contracted 845 bps to 3.7%, and the gross profit...

09:55 AM EST, 01/28/2025 (MT Newswires) -- Heico ( HEI ) said Tuesday its Sunshine Avionics unit acquired assets for the Boeing ( BA ) 777 Airplane Information Management System and Boeing 737NG/P-8/E-7 Versatile Integrated Avionics product lines from Honeywell International ( HON ) under an exclusive license deal. Financial terms were not disclosed. Heico ( HEI ) said it...

Jan 28 (Reuters) - Microsoft ( MSFT )-backed artificial intelligence (AI) bellwether OpenAI has launched ChatGPT Gov, a tailored version of ChatGPT designed for U.S. government agencies, it said in a blog post on Tuesday. OpenAI said the agencies can deploy ChatGPT Gov in their own Microsoft Azure commercial cloud, and will have access to many of the features and...