Otis Elevator Company has agreed to pay more than $500,000 to resolve allegations tied to the False Claims Act. The settlement was announced Friday by the U.S. Attorney’s Office for the Eastern ...

Otis Worldwide Corporation (NYSE:OTIS), a global leader in the elevator and escalator industry with annual revenue of $14.26 billion, finds itself at a crossroads as it navigates a complex market ...

Jan 29 (Reuters) - Otis (OTIS.N), opens new tab forecast 2025 profit below estimates and missed fourth-quarter profit expectations on Wednesday on sustained weakness in demand for new equipment in ...

April 23 (Reuters) - Elevator maker Otis (OTIS.N), opens new tab raised its full-year revenue forecast on Wednesday, after beating first-quarter profit estimates on sustained demand for its ...

Otis Worldwide is the largest elevator and escalator original equipment manufacturer globally with integrated operations that span manufacturing and installation activities, as well as elevator and ...