CHICAGO (Reuters) -Delta Air Lines ( DAL ) on Thursday forecast quarterly revenue largely below expectations in anticipation of slower travel spending against the backdrop of the upcoming U.S. presidential election, sending its shares down 6% before the bell. The carrier expects fourth-quarter revenue between $13.9 billion to $14.2 billion, compared to average analysts' estimate of $14.22 billion, according to...

KARACHI, Oct 10 (Reuters) - Pakistan's government has reached an agreement with utilities to end power purchase contracts, including one with Pakistan's largest private utility that should have been in place until 2027, as part of efforts to lower costs, it said on Thursday. The news confirms comment from Power Minister Awais Leghari to Reuters last month that the government...

06:36 AM EDT, 10/10/2024 (MT Newswires) -- Gritstone bio (GRTS) shares fell as much as 38% in recent Thursday premarket activity after the clinical-stage biotechnology company said it made a Chapter 11 filing for bankruptcy. The company said it is filing first day motions in its Chapter 11 case and plans to continue advancing its clinical programs throughout the court-administered...

CHICAGO, Oct 10 (Reuters) - Delta Air Lines ( DAL ) on Thursday said the current quarter is shaping up to be one of the most profitable fourth quarters in its history, thanks to improved pricing power as well as strong holiday travel bookings. The Atlanta-based carrier, however, said the upcoming U.S. presidential election was expected to temporarily slow travel...