wall street

Otis Faces Below-Expected 3Q Earnings, Cuts 2024 Projection

The Dow Jones reports that Otis posted third-quarter (3Q) earnings of US$540 million, or US$1.34 a share, up from US$376 million, or US$.91 a share, a year earlier. Excluding certain...

Elevator Shaft Collapse Leads to Parking Garage Collapse in NYC

At least one person has been killed and five others injured after a parking garage collapsed in Manhattan, NY, leaving cars piled up in crumbled concrete, the Daily Mail reports....