The Los Angeles Post
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Today: March 23, 2025
Today: March 23, 2025
Shivansh Tiwary

Shivansh Tiwary

Staff Writer

Latest From Shivansh Tiwary

Business|Economy|Finance|Stock Markets|US

FedEx shares slide as annual forecast cuts stoke worries on economy

FedEx's shares fell 11% on Friday after the parcel delivery firm cut its annual forecasts, fanning worries about the health of U.S. manufacturing amid uncertainty from

Business|Economy|Finance|Stock Markets|US

US airlines slash earnings forecasts as economic concerns grow

More U.S. airlines cut their earnings estimates on Tuesday, following a similar announcement from Delta Air Lines, saying mounting economic

US airlines slash earnings forecasts as economic concerns grow
Business|Economy|Finance|Political|US

Trump's proposed auto tariffs seen hitting demand for platinum group metals

Demand for industrial precious metals platinum and palladium will likely fall if tariffs proposed by President Donald Trump on U.S. auto imports

Trump's proposed auto tariffs seen hitting demand for platinum group metals
Business|Economy|Finance|Stock Markets|US

Deere revenue misses on muted farm equipment demand as tariff impact looms

Deere's quarterly revenue slumped 35% and missed analysts' expectations on Thursday, as more farmers retained their aging equipment or switched to rentals owing to weak

Deere revenue misses on muted farm equipment demand as tariff impact looms
Business|Economy|Europe|Finance|Political|Stock Markets|US

US steel makers stocks rise, foreign peers fall on Trump tariff plans

Shares of U.S. steel and aluminum producers rose on Monday, while their European and Asian counterparts fell a day after President

US steel makers stocks rise, foreign peers fall on Trump tariff plans
Business|Economy|Finance|Stock Markets|Travel|US

JetBlue outlook sparks sell-off in shares

JetBlue Airways shares plunged 28% on Tuesday after the New York-based carrier forecast lower-than-expected unit revenue and higher costs in the

JetBlue outlook sparks sell-off in shares
Business|Economy|Finance|Stock Markets|Technology

GE Aerospace optimistic about 2025, stock jumps

GE Aerospace on Thursday forecast stronger profit in 2025, saying it is better prepared to meet jet engine demand with progress in resolving

GE Aerospace optimistic about 2025, stock jumps
Uncategorized

UAW votes overwhelmingly to authorize strike at Detroit Three automakers

The United Auto Workers (UAW) union on Friday said members voted overwhelmingly in favor of authorizing a strike at the Detroit Three automakers if agreement is not reached before the current four-year contract expires on Sept. 14. The authorization was approved by 97% of voting members at General Motors, Ford Motor and Stellantis, said UAW President Shawn Fain, who leads the union that represents about 150,000 workers. Fain reiterated that the union did not plan to extend the deadline to get a new labor contract. “The deadline is Sept. 14. We

UAW votes overwhelmingly to authorize strike at Detroit Three automakers
Business|Finance|Stock Markets|US

Defense firm Lockheed forecasts dour 2024 profit on supply chain woes

Lockheed Martin forecast its 2024 profit below Wall Street expectations on Tuesday, as the U.S. defense contractor's largest aeronautics segment that

Defense firm Lockheed forecasts dour 2024 profit on supply chain woes
Business|Economy|US

US new auto sales likely rose in Q3, but UAW strikes may pose speed bump

U.S. new vehicle sales likely rose in the third quarter on improving supply and steady demand, but a strike by autoworkers has muddied the outlook for the "Detroit Three

US new auto sales likely rose in Q3, but UAW strikes may pose speed bump
Business|Technology|US

LGES to supply Toyota with batteries, invest $3 billion in US plant

Toyota Motor and LG Energy Solution signed a supply agreement for lithium-ion batteries for use in the Japanese automaker's U.S.-built electric vehicles

LGES to supply Toyota with batteries, invest $3 billion in US plant
Business|Economy|US

GM faces Canada strike, potential hit to truck production

About 4,300 unionized workers went on strike at three General Motors plants in Canada on Tuesday, threatening the largest U.S. automaker's

GM faces Canada strike, potential hit to truck production
Business|Technology

Honeywell sees steady demand for business jets over the next decade

Global demand for new business jets is expected to stay strong over the next decade, Honeywell said on Sunday, as the engine maker projected deliveries of about 8,500

Honeywell sees steady demand for business jets over the next decade
Business|Economy|Stock Markets|US

Major airline shares hit turbulence on disappointing profit outlook from United

Shares of major U.S. airlines fell on Wednesday, after a disappointing fourth-quarter forecast from United Airlines a day earlier spooked investors and raised concerns

Major airline shares hit turbulence on disappointing profit outlook from United
Business|Finance|Stock Markets|US

American Airlines beats profit estimates, sees steady holiday bookings

American Airlines on Thursday beat estimates for third-quarter adjusted profit and said bookings for the upcoming holiday season have been steady, sending its shares up

American Airlines beats profit estimates, sees steady holiday bookings
Business|Economy|Finance|News|US

US auto strike's economic fallout starts to hurt global businesses

Businesses ranging from airlines to auto parts makers are starting to feel the heat from the month-long strike by hourly workers at the Detroit

US auto strike's economic fallout starts to hurt global businesses
Business|Finance|News

Canadian union Unifor ends strike after tentative deal with Stellantis

Canadian union Unifor called off a brief strike that began early on Monday after reaching a tentative deal with Chrysler-parent Stellantis that

Canadian union Unifor ends strike after tentative deal with Stellantis
Business|Economy|Finance|News|Stock Markets|US

Caterpillar shares fall on equipment demand concerns despite earnings beat

Caterpillar reported a double-digit rise in profit on Tuesday, beating Wall Street estimates on solid construction equipment sales in North America,

Caterpillar shares fall on equipment demand concerns despite earnings beat
Business|Technology|US

Boeing CEO Calhoun's exit leaves uphill task for successor

Boeing CEO David Calhoun will leave the troubled aircraft maker at the end of the year, leaving a difficult turnaround job to his yet-to-be-named

Boeing CEO Calhoun's exit leaves uphill task for successor
Business|News|Travel

Fliers check plane model when booking trips after Boeing's midair blowout

More travelers are checking the model of an aircraft before booking flights after a midair cabin blowout forced a new Alaska Airlines-

Fliers check plane model when booking trips after Boeing's midair blowout
Business|Finance|Stock Markets|US

Lockheed Martin beats Q1 expectations on strong demand, sees supply chain improvement

U.S. weapons maker Lockheed Martin beat Wall Street expectations for first-quarter sales and profit on Tuesday, as simmering geopolitical tensions prompted

Lockheed Martin beats Q1 expectations on strong demand, sees supply chain improvement
Business|Finance

Southwest Airlines counts the cost of Boeing's delivery delays

Southwest Airlines is reeling from Boeing's ongoing safety crisis.

Southwest Airlines counts the cost of Boeing's delivery delays
Business|Finance

Air Canada reports wider-than-expected loss, shares drop

Air Canada reported a bigger first-quarter loss than expected on Thursday on higher operating costs tied to labor and aircraft maintenance,

Air Canada reports wider-than-expected loss, shares drop

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