IAE International Aero Engines — a partnership involving Japanese Aero Engines Corporation, MTU Aero Engines AG ( MTUAF ) , and Pratt & Whitney, a division of RTX Corp. ( RTX ) — reaffirmed its long-standing alliance as the companies move to advance technologies for the next generation of geared turbofan engines used in commercial aviation. Executives from the three...

Nov 13 (Reuters) - Verizon is planning to cut about 15,000 jobs, a person familiar with the matter told Reuters on Thursday. The layoffs, the largest ever for the wireless carrier and impacting about 15% of its workforce, are set to take place in the next week, the person said. Verizon did not immediately respond to a Reuters request for...

HOUSTON, Nov 13 (Reuters) - U.S. Citgo Petroleum's profit rose to $167 million in the third quarter from $100 million in the previous period, while the liquidity of the Venezuela-owned refiner increased to $2.75 billion from $2.6 billion, the company said on Thursday. ...

Shares of On Holding ( ONON ) climbed in early trading on Wednesday, after the company Tuesday reported upbeat second-quarter results. Here are some key analyst takeaways: Needham analyst Tom Nikic reaffirmed a Buy rating, while cutting the price target from $62 to $52. Telsey Advisory Group analyst Cristina Fernández maintained an Outperform rating and price target of $65. BTIG...