Bloomberg Goldman Sachs Group Inc, stung by losses in Uber Technologies Inc and WeWork, has a message for investors in growth stocks: profit matters. After years of pursuing revenue growth at all costs, driven by cheap money, markets are increasingly focusing on whether companies can translate top line expansion into profitability, Chief Executive Officer David Solomon said in a wide-ranging ...

Bloomberg Air France-KLM Chief Executive Officer Ben Smith has a long flight ahead in convincing investors the carrier can raise profitability and regain market share lost to rivals. Canadian-born Smith on Tuesday unveiled a five-year plan that would see the airline fatten margins and resume paying a dividend at an unspecified date. The last was in 2008, when the financial ...

Bloomberg Boeing Co’s chief executive officer didn’t provide complete testimony last week on the 737 Max, and congressional investigators are continuing their probe of the troubled jetliner, two House leaders said in a letter to other lawmakers. Boeing’s Dennis Muilenburg, who endured hours of grilling by members of the House Transportation & Infrastructure Committee on October 30, left “a lot ...