Text size CEO of Ericsson Börje Ekholm (Per Myrehed). Shares in Ericsson soared more than 10% on Friday, after the Swedish telecoms company reported higher-than-expected second-quarter earnings, fueled by an increase in 5G network sales and software revenue. The back story. Ericsson has made a recovery under Börje Ekholm, who …
Read More »India to resume international flights for the first time since March
For the first time since March, India allows regular international flights to the country. © INDRANIL MUKHERJEE / AFP / AFP via Getty Images Ground staff stand in front of an Air India plane at Chhatrapati Shivaji Maharaj International Airport (CSMIA) after domestic flights resumed, in Mumbai on May 28, …
Read More »Delta will avoid pilot permits if they accept a reduced minimum wage: memo
Delta Air Lines CEO Ed Bastian on possible company licenses, earnings, blocking of intermediate seats and the importance of CARES Act coronavirus relief. Delta Air Lines told pilots on Friday that it would avoid permits if they agreed to reduce the guaranteed minimum wage, according to a memo seen by …
Read More »Judge dismisses harassment lawsuit against Wynn Resorts
The main Fox Business Flash headlines are here. See what FoxBusiness.com is clicking. LAS VEGAS – A federal judge dismissed a lawsuit filed by nine women who claimed to have been sexually harassed by former casino magnate Steve Wynn. The women, manicurists, and makeup artists in a salon at Wynn …
Read More »Stimulus Check 2: Treasury Secretary Urges Congress to Pass Bill Before Month End
How unemployment benefits decrease And millions of Americans remain unsure about additional aid payments, Treasury Secretary Steven Mnuchin is urging Congress to pass a stimulus test 2 at the end of July. Mnuchin testified before the Small Business Chamber Committee on Friday, where he asked lawmakers to push for the …
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