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Oct 3 (Reuters) - Defense contractor L3Harris Technologies (LHX.N) said on Monday it would buy satellite specialist Viasat Inc's (VSAT.O) military communication unit for about $1.96 billion to better align with U.S. defense spending priorities like cybersecurity and sensors. The government systems unit, known as Link 16 Tactical Data Links, includes 450 employees and has an annual sales of about $400 million. It enables secured sharing of voice and data and is integrated on military aircraft, ground vehicles, surface vessels and operating bases. With the deal, L3Harris aims to expand communication and networking capabilities to a larger user base. (https://reut.rs/3EdRet0)Reporting by Nathan Gomes in Bengaluru; editing by Uttaresh.V and Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.
CNN —There are signs that the United Kingdom could be heading into a fall Covid-19 wave, and experts say the United States may not be far behind. A recent increase in Covid-19 cases in England doesn’t seem to be driven by a new coronavirus variant, at least for now, although several are gaining strength in the US and across the pond. Spector runs the Zoe Health Study, which uses an app to let people in the UK and US report their daily symptoms. After seeing a downward trend for the past few weeks, the Zoe study saw a 30% increase in reported Covid-19 cases within the past week. In the US, some models have predicted that Covid-19 cases will begin to rise again in October and continue to increase into the winter.
FedEx posts over 5% rise in quarterly revenue
  + stars: | 2022-09-22 | by ( ) www.reuters.com   time to read: +1 min
Register now for FREE unlimited access to Reuters.com RegisterA FedEx Express delivery vehicle is seen in Long Beach, California, U.S., September 16, 2022. FedEx said it expects cost savings between $2.2 billion and 2.7 billion in fiscal 2023, amid weaking demand due to a weaker-than-expected business environment. The cost savings will come from reducing flight frequencies at FedEx Express, suspending certain operations at FedEx Ground, among other measures, the company said. The company's quarterly net profit fell to $875 million, or $3.33 per share, from $1.11 billion, or $4.09 per share, a year earlier. Register now for FREE unlimited access to Reuters.com RegisterReporting by Nathan Gomes in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.
Lennar quarterly profit rises on strong demand for homes
  + stars: | 2022-09-21 | by ( ) www.reuters.com   time to read: +1 min
Register now for FREE unlimited access to Reuters.com RegisterSignage is seen at The Collection at Morristown, a housing development by Lennar Corporation, in Morristown, New Jersey, U.S., November 13, 2021. REUTERS/Andrew KellySept 21 (Reuters) - Homebuilder Lennar Corp (LEN.N) on Wednesday reported a 4.3% rise in quarterly profit, benefiting from record-high property prices as demand far outpaced supply that was crippled by raw material and labor shortages. Existing home prices for all housing types in July touched $403,800, up 10.8% from a year ago, according to a report from the National Association of Realtors. Miami-Florida based Lennar posted an about 29% rise in quarterly revenue to $8.93 billion. Register now for FREE unlimited access to Reuters.com RegisterReporting by Nathan Gomes and Priyamvada C in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.
Ford expects parts shortage to hit third-quarter sales
  + stars: | 2022-09-19 | by ( ) www.reuters.com   time to read: +1 min
Register now for FREE unlimited access to Reuters.com RegisterThe logo is seen on the bonnet of a new Ford Aspire car during its launch in New Delhi, India, October 4, 2018. REUTERS/Anushree FadnavisSept 19 (Reuters) - Ford Motor Co (F.N) said on Monday it expects to have 40,000 to 45,000 SUVs and trucks in inventory lacking certain parts at the end of the third quarter, pushing sales of the vehicles to the fourth quarter. The company now expects it third-quarter adjusted EBIT to be in between $1.4 billion and $1.7 billion. However, it maintained its expectation for full-year 2022 adjusted earnings before interest and taxes of between $11.5 billion and $12.5 billion. Register now for FREE unlimited access to Reuters.com RegisterReporting by Nathan Gomes in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.
April 25 (Reuters) - General Motors Co (GM.N) President Mark Reuss said on Monday the automaker would launch an electrified version of its two-door Corvette sports car as soon as next year. The company will launch an electrified version of the Corvette, which will be followed by an all-electric version using GM's Ultium battery technology, Reuss said on LinkedIn. His comments about launching an electric Corvette were aired earlier on an interview with CNBC. GM's Corvette that has traditionally been fitted with petrol engines, races to keep up with other competitors in the space, such as Ferrari NV (RACE.MI), which offer gasoline-electric hybrid and turbocharged engines. Reporting by Nathan Gomes in Bengaluru; Editing by Amy Caren DanielOur Standards: The Thomson Reuters Trust Principles.
Register now for FREE unlimited access to Reuters.com RegisterA Union Pacific rail car is parked at the Canadian Pacific Railway (CP Rail) Toronto Yard in Scarborough, Ontario, Canada March 20, 2022. REUTERS/Chris HelgrenApril 21 (Reuters) - Union Pacific Corp (UNP.N) said on Thursday congestion on tracks was hurting its ability to meet shipping demand even as price hikes helped the U.S. railroad operator top market expectations for quarterly results. Freight shipment demand, however, has allowed companies including Union Pacific to raise prices and mitigate the impact of congestion, labor shortage and rising costs. Total operating revenue in the quarter rose to $5.86 billion, topping analysts' expectations of $5.72 billion, according to Refinitiv data. Register now for FREE unlimited access to Reuters.com RegisterReporting by Nathan Gomes in Bengaluru; Additional reporting by Abhijith Ganapavaram Editing by Vinay DwivediOur Standards: The Thomson Reuters Trust Principles.
Penske Automotive unit orders 750 Ford electric cargo vans
  + stars: | 2022-04-18 | by ( ) www.reuters.com   time to read: +1 min
April 18 (Reuters) - Penske Truck Leasing has ordered 750 of Ford Motor Co's (F.N) electric E-Transit cargo vans, the unit of Penske Automotive Group Inc (PAG.N) said on Monday. The move comes as several companies including FedEx Corp (FDX.N), UPS (UPS.N) and Deutsche Post (DPWGn.DE) unit DHL are experimenting with electric cargo vehicles as part of their own zero-emission vehicle plans. Penske also said that their long-term plans include adding more of the automaker's E-Transit vans to its wider network of rental, leasing locations across North America. Ford's E-Transit van comes in eight configurations, including three roof heights and three lengths, has an EV driving range of 126 miles. Reporting by Nathan Gomes in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.
Acesta este primul prag critic de temperatură stabilit în urma Acordului de la Paris, din 2015, care vizează menţinerea încălzirii globale sub nivelul de +2 grade Celsius şi, dacă e posibil, la +1,5 grade Celsius. „Dar este, totuşi, o veste foarte proastă”, a spus Joeri Rogelj, cercetător la Institutul Grantham al Colegiului Imperial din Londra. Acordul de la Paris din 2015 vizează menţinerea încălzirii planetei sub nivelul de +2 grade Celsius şi, dacă e posibil, la +1,5 grade Celsius. Pentru a spera în respectarea obiectivului de +1,5 grade Celsius, trebuie reduse emisiile cu 7,6% anual în perioada 2020-2030, potrivit ONU. „Dar dacă ne găsim la limita de sus a estimării, obiectivul de 1,5 grade Celsius ar putea fi practic imposibil”, a spus omul de ştiinţă.
Persons: Leon Hermanson, Hawkins, Hawkins . Cercetătorul, Nathan Gillet Organizations: BBC, Imperial, ONU Locations: Paris, SUA, China, Londra, Reading
„Dar este, totuşi, o veste foarte proastă”, a spus Joeri Rogelj, cercetător la Institutul Grantham al Colegiului Imperial din Londra. Acordul de la Paris din 2015 vizează menţinerea încălzirii planetei sub nivelul de +2 grade Celsius şi, dacă e posibil, la +1,5 grade Celsius. Pentru a spera în respectarea obiectivului de +1,5 grade Celsius, trebuie reduse emisiile cu 7,6% anual în perioada 2020-2030, potrivit ONU. O cifră similară în scădere a fost măsurată în 2020, dar acest lucru a fost determinat de pandemia de Covid-19. „Dar dacă ne găsim la limita de sus a estimării, obiectivul de 1,5 grade Celsius ar putea fi practic imposibil”, a spus omul de ştiinţă.
Persons: Leon Hermanson, Hawkins, Hawkins . Cercetătorul, Nathan Gillet Organizations: BBC, Imperial, ONU Locations: SUA, China, Paris, Londra, Reading
Acesta este primul prag critic de temperatură stabilit în urma Acordului de la Paris, din 2015, care vizează menţinerea încălzirii globale sub nivelul de +2 grade Celsius şi, dacă e posibil, la +1,5 grade Celsius. „Dar este, totuşi, o veste foarte proastă”, a spus Joeri Rogelj, cercetător la Institutul Grantham al Colegiului Imperial din Londra. Acordul de la Paris din 2015 vizează menţinerea încălzirii planetei sub nivelul de +2 grade Celsius şi, dacă e posibil, la +1,5 grade Celsius. Pentru a spera în respectarea obiectivului de +1,5 grade Celsius, trebuie reduse emisiile cu 7,6% anual în perioada 2020-2030, potrivit ONU. „Dar dacă ne găsim la limita de sus a estimării, obiectivul de 1,5 grade Celsius ar putea fi practic imposibil”, a spus omul de ştiinţă.
Persons: Leon Hermanson, Hawkins, Hawkins . Cercetătorul, Nathan Gillet Organizations: BBC, Imperial, ONU Locations: Paris, SUA, China, Londra, Reading
Oamenii care ocupă funcții de conducere adesea nu își fac prieteni la locul de muncă și suferă foarte mult din această cauză – fiecare al doilea director executiv se simte singur. Persoanele care ocupă funcții de conducere de multe ori nu au prieteni la serviciu și suferă foarte mult din cauza acestei situații. Și șefii păstrează distanța. Datorită acestui club, Franklin a reușit să-și facă prieteni adevărați, să-și exprime liber gândurile și să-și dezvolte ideile. El a descoperit o rețetă pentru o viață de succes fără singurătate: propriul său cerc social în afara muncii.
Persons: Arthur Brooks, David Risman, Nathan Glazer, Denny, Wayne Oates, Oates, Barbara Killinger, Dumnezeu, John Cacioppo, Benjamin Franklin, Franklin Organizations: The, Virgin Pulse, Harvard Business Review Locations: SUA
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