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Uber 2024 profit forecast falls short of expectations, shares drop

Uber Technologies Inc laid out a $5 billion operating profit for 2024 that fell short of analyst estimates, sending its shares down 4% on Thursday, even as the ride-hailing company revealed several strategies to boost ridership and bring down costs. The forecast is below the $5.7 billion analysts expect for 2024, according to Refinitiv data. […]

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  • Comments Off on India’s textile industry revs up, giving hope on jobs for PM Modi

India’s textile industry revs up, giving hope on jobs for PM Modi

At Texport Industries’ factories in India’s south, thousands of mostly women workers are busy converting yarn and fabrics into T-shirts, shirts, spaghetti tops and kids’ clothes for US customers of Tommy Hilfiger and Kohl’s Corp. After being outpaced in recent years by neighbouring Bangladesh and then hammered by the COVID-19 pandemic, India’s garment factories are […]

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