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Samsung to Launch New Galaxy Z Fold, Flip Phones Amid Slow Adoption So Far
Business

Samsung to Launch New Galaxy Z Fold, Flip Phones Amid Slow Adoption So Far

The smartphone maker on Wednesday will show off the latest models of devices that have had limited success outside of South Korea. Source link

Snap Revenue Falls Amid Efforts to Retool Advertising Business
Business

Snap Revenue Falls Amid Efforts to Retool Advertising Business

The owner of Snapchat reported progress in the overhaul of its ads platform but offered a cloudy outlook for the current quarter. Source link

KKR to Sell Audiobook Publisher RBmedia
Business

KKR to Sell Audiobook Publisher RBmedia

H.I.G. plans to pay more than $1 billion for the company, including debt, according to people familiar with the situation. Source link

UPS, Teamsters Reach Agreement on New Contract
Business

UPS, Teamsters Reach Agreement on New Contract

The five-year labor deal would prevent strike by roughly 330,000 package delivery drivers and package sorters. Source link

New Engines on Hundreds of Airbus Jets Recalled for Inspection
Business

New Engines on Hundreds of Airbus Jets Recalled for Inspection

RTX said its Pratt & Whitney engines affected by contaminated metal parts. Source link

Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia
Business

Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia

The Brazilian miner is close to completing the deal with Saudi Arabia’s sovereign-wealth fund and a Saudi mining company. Source link

Verizon Promises Turnaround Amid Lull in Smartphone Upgrades
Business

Verizon Promises Turnaround Amid Lull in Smartphone Upgrades

Over-the-air broadband service and higher fees helped boost the telecom giant’s wireless service revenue. Source link

'Forever Chemicals' Settlement Weighs on 3M Earnings
Business

'Forever Chemicals' Settlement Weighs on 3M Earnings

The company raised its earnings expectations for the year despite swinging to a quarterly loss. Source link