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Jul 25, 2024
The state's Supreme Court decision preserves the gig-economy business model.
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Jul 25, 2024
The Birkin handbag maker reported higher sales for the second quarter, with wealthy customers helping it defy a global slowdown in demand that is troubling the luxury sector, but flagged signs of weakness in China.
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Jul 25, 2024
Deal between the two grocery-store operators has faced regulatory scrutiny since it was announced in October 2022.
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Jul 25, 2024
The record label behind Taylor Swift, Billie Eilish and Ariana Grande posted revenue growth from subscriptions and streaming services well below what analysts had expected.
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Jul 25, 2024
Hedge fund Standard General agreed to buy the balance of shares in casino chain Bally's in a deal that values the firm at about $4.6 billion.
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Jul 25, 2024
The company is using data analytics and AI to tailor marketing messages to potential buyers at just the right time.
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Jul 25, 2024
Under pressure to improve profits, Southwest plans big changes for the boarding of its flights as well as fliers who want premium seating.
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Jul 25, 2024
The record label behind Taylor Swift, Billie Eilish and Ariana Grande posted revenue growth from subscriptions and streaming services well below what analysts had expected.
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Jul 25, 2024
The electric carmaker benefited from a potent weapon for improving its income statement: regulatory credits.
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Jul 25, 2024
Robust vehicle sales in the U.S. helped offset sluggish demand in South Korea and elsewhere.
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Jul 25, 2024
The Japanese automaker lowered its annual vehicle-sales and profit forecasts.
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Jul 25, 2024
Vodafone reiterated its fiscal 2025 earnings guidance after it delivered higher revenue for the first quarter, boosted by strong growth in Africa and Turkey.
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Jul 25, 2024
TotalEnergies said it expected third-quarter hydrocarbon production to remain largely unchanged from the second quarter, as it reported a fall in net profit for the three months to the end of June.
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Jul 25, 2024
Unilever reported underlying sales growth in the first half that came in slightly below forecasts, but its shares rose as analysts cheered the improvement in its margins.
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Jul 25, 2024
Anglo American posted a net loss in the first half on lower iron ore prices and sales and after it booked an impairment of $1.6 billion related to its crop-nutrients project in the U.K.
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Jul 25, 2024
Julius Baer reported lower profits for the first half of 2024 as a rise in client assets and activity was offset by higher interest expenses.
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Jul 25, 2024
Stellantis posted a steep drop in first-half net profit as its cars sat at dealerships in North America, prompting the company to consider price cuts.
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Jul 25, 2024
The Swiss food producer said pricing was being pressured by increased promotional activity, among other things, and that it now expected to report organic sales growth of at least 3% this year, from around 4% previously.
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Jul 25, 2024
STMicroelectronics slashed its sales and margin forecasts for the year once again as it continues to face lackluster demand for chips from the automotive industry.
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Jul 24, 2024
Media titan seeks to amend trust through which he controls News Corp and Fox.
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Jul 24, 2024
Australia's Fortescue said its iron-ore shipments were broadly flat over the past year, as it grappled with setbacks including a derailment and heavy rain.
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Jul 24, 2024
The league signed 11-year agreements with the media partners, rejecting a last-minute matching bid from Warner Bros. Discovery.
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Jul 24, 2024
ServiceNow COO CJ Desai resigned following an internal investigation related to the hiring of the former chief information officer of the U.S. Army and procuring government contracts.
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Jul 24, 2024
The French luxury-goods group said it booked revenue of €9.02 billion, down 11% both as reported and on a comparable basis compared with the year-earlier period.
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Jul 24, 2024
T-Mobile said it agreed to spend around $4.9 billion to form a joint venture with investment firm KKR to buy fiber-optic internet company Metronet, in a bid to reach more residential broadband users.
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Jul 24, 2024
Many workers hated the "Happy Birthday" ritual. Now a lot of companies are redefining the celebration to make them less annoying.
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Jul 24, 2024
AMC Entertainment expects to swing to a loss in the latest quarter in the wake of the prolonged Hollywood actors and writers strikes last year, though it flagged a recovery in movie going last month.
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Jul 24, 2024
T-Mobile said it entered into a definitive agreement to establish a joint venture with the investment firm KKR to acquire Metronet as the company aims to increase its fiber solution offer to U.S. consumers.
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Jul 24, 2024
BNP Paribas backed its guidance for the year after posting better-than-expected earnings for the second quarter, with double-digit growth in its institutional banking and capital markets units.
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Jul 24, 2024
Spanish bank Santander raised its revenue guidance for the year after profits rose in the second quarter, .outpacing consensus forecasts.
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Jul 24, 2024
Spanish antitrust officials launched an investigation into Apple, saying the iPhone maker might be imposing unfair conditions on developers who rely on its App Store to distribute their applications.
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Jul 24, 2024
Reckitt Benckiser said it would sell off some of its home-care brands and launch a strategic review of its troubled infant-formula unit Mead Johnson as it seeks to streamline its business with a major overhaul.
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Jul 24, 2024
Porsche profits suffered in the first half of the year as sales and deliveries dropped, weighed by a soft performance in China and the high costs of supplies and new-car launches.
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Jul 24, 2024
Remy Cointreau said its first-quarter sales fell 16%, with the Americas still pressured by customers' inventory reductions, but it expects a gradual recovery over the course of the year.
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Jul 24, 2024
UniCredit raised its revenue guidance for the year and said it would pay out around €1.4 billion in interim dividends, after the Italian bank posted above-forecast profits in the second quarter.
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Jul 24, 2024
Deutsche Bank increased its forecast for full-year credit losses, warning that it expected continued pressure from exposure to commercial real estate, at a time a boost from high interest rates begins to unwind.
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Jul 23, 2024
Net profit tumbled 45% in the second quarter as the electric-vehicle leader continued to feel the impact of slower demand and stiffer competition.
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Jul 23, 2024
U.S. air-safety regulators are launching an audit of Southwest Airlines after a string of recent close calls and other incidents.
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Jul 23, 2024
LVMH and other luxury-goods labels report slowing sales as Chinese consumers rein in spending.
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Jul 23, 2024
Mattel posted another drop in quarterly sales, led by a decline in Barbie sales, although profit rose due to higher margins as costs eased.
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Jul 23, 2024
Strength in truck and SUV pricing helped offset continued China losses.
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Jul 23, 2024
Airbus is in talks with Rolls-Royce about using the engine maker's new turbine to power its future line-up of narrow-body aircraft, in what would be a major breakthrough for the British engineering company.
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Jul 23, 2024
Findings from the House Oversight investigation add to criticism that pharmacy-benefit managers are driving up drug spending.
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Jul 23, 2024
The parcel carrier cut prices to reverse a prolonged slump in package volume and said it was still trying to win back customers who switched to rivals last year.
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Jul 23, 2024
Research suggests saying nice things about both sides ends up making nobody happy.
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Jul 23, 2024
Berkshire Hathaway has pared its stake in BYD, further unwinding its long-term bet on China's largest electric-vehicle maker amid a broader refocus on U.S. investments.
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Jul 22, 2024
Roughly 8.5 million users of Microsoft Windows devices were affected by Friday's glitch.
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Jul 22, 2024
Woodside Energy is seeking to advance talks on the possible sale of a stake in the Driftwood LNG development in the southern U.S. in parallel with efforts to complete a $900 million acquisition of the project's owner Tellurian.
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Jul 22, 2024
Passengers have filed hundreds of complaints against the carrier as it works to restore systems and locate available personnel.
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Jul 22, 2024
The company is trying to retain NBA media rights as the league finalizes deals with other partners.
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Jul 22, 2024
The CEO said the electric-vehicle maker would use the robots internally first before producing them for other companies.
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Jul 22, 2024
Roughly 8.5 million users of Microsoft Windows devices were affected by Friday's glitch.
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Jul 22, 2024
Verizon Communications boosted quarterly revenue from wireless services and broadband subscriber growth, but missed analyst projections..
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Jul 22, 2024
Boeing received orders for up to 70 airplanes at the Farnborough International Airshow, marking a much-needed show of confidence in the embattled plane maker.
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Jul 22, 2024
With few low-price alternatives available in the feminine-product aisle, sales of period products are falling as many women and girls find their budgets can't cover all essentials.
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Jul 22, 2024
Delta is hardest hit as airlines scrub another 1,700 U.S. flights on Sunday.
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Jul 22, 2024
Vivendi said it would list its core television and advertising businesses in London and Amsterdam as the conglomerate looks cash in on investment opportunities outside of France.
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Jul 22, 2024
Discounts abound as automakers and dealers try to entice hesitant shoppers to make the switch.
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Jul 22, 2024
Ryanair said it expected its air fares this summer will be "materially lower" than last year, in an announcement that caused its share price to plummet on fears the post-covid boom in the airline industry is over.
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Jul 21, 2024
Woodside Energy plans to acquire Tellurian and its proposed liquefied natural gas development in the southern U.S. for around $900 million, doubling down on demand for a fuel used in power generation as the world pivots away from coal.
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Jul 21, 2024
Electronic Arts used new tech to scan photos for its videogame after securing players' likeness rights for the first time.
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Jul 21, 2024
About 200 fully or mostly finished jets are idled while they await interiors, engines and other attention.
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Jul 20, 2024
A CrowdStrike security update rendered computers unusable, and underscored the fragility of modern global technology.
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Jul 20, 2024
How the two men reconciled a sharp difference in worldview to join forces.
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Jul 19, 2024
French billionaire François-Henri Pinault is taking hands-on approach as he scrambles to catch up to rival LVMH.
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Jul 19, 2024
After a pandemic boom, hiring is down for jobs that require a bachelor's degree. ‘These companies just got way, way too bloated.'
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Jul 19, 2024
It started with an FTX bobblehead. Now the Failure Museum is a collection of more than 1,000 relics from business fiascoes—and it's expanding.
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Jul 19, 2024
‘When the gods came together and wanted to create the ultimate gamer, they created Bernard'
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Jul 19, 2024
A tech investor is turning his home office into a shrine to failure. His collection has more than 1,000 relics from business fiascoes—and it keeps expanding.
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Jul 19, 2024
An update from cybersecurity-software firm CrowdStrike caused outages for millions of users of Microsoft Windows devices.
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Jul 19, 2024
The investigation comes after the Journal revealed allegations of harassment and discrimination at the organization behind the Davos gatherings.
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Jul 19, 2024
An update from cybersecurity-software firm CrowdStrike caused outages for millions of users of Microsoft Windows devices.
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Jul 19, 2024
United, Delta and American are among the airlines managing delays and cancellations.
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Jul 19, 2024
The Indian conglomerate's results missed analysts' expectations, despite an increase in revenue.
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Jul 19, 2024
The FCC passed new rules that will drastically cut the prices phone providers can charge incarcerated people to make phone calls.
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Jul 19, 2024
A CrowdStrike update appeared to cause device outages for millions of users of Microsoft Windows devices. Several airlines reported disruptions.
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Jul 19, 2024
Microsoft grappled with a major service outage, leaving users across the world unable to access its cloud computing platforms.
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Jul 18, 2024
As the grid becomes increasingly unstable due to age and extreme weather, utilities are ramping up spending on long-overdue maintenance and capital improvements.
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Jul 18, 2024
The streaming giant expects slower subscriber additions this quarter while lifting its revenue forecast for the year.
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Jul 18, 2024
Health officials authorized tobacco-flavored versions of America's top-selling e-cigarette brand, granting the Vuse Alto products permission to remain on the market.
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Jul 18, 2024
As he embraced the Republican Party this week, the billionaire rejected the birthplace of Tesla and SpaceX.
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Jul 18, 2024
Ford Motor moved to boost output of its popular F-series pickup trucks with an investment of roughly $3 billion in its southern Ontario site.
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Jul 18, 2024
Volvo shares rose sharply after the carmaker posted record growth in underlying earnings for the second quarter, and despite warning that potential tariffs from the EU on electric vehicles from China will hit sales of one of its flagship cars.
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Jul 18, 2024
The Facebook owner already has a partnership with the European company to make its Ray-Ban smart glasses.
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Jul 18, 2024
Taiwan Semiconductor Manufacturing Co. raised its sales outlook after better-than-expected quarterly profit, as demand for its advanced chips continued to surge amid enthusiasm over artificial intelligence.
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Jul 18, 2024
Store owners are trying to enforce mask bans to prevent theft, raising health and civil-rights concerns.
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Jul 18, 2024
Anheuser-Busch InBev's Michelob Ultra brand climbs to second place behind Modelo Especial.
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Jul 18, 2024
Anglo American cut its 2024 coal-production target after a fire incident at a major mine is set to suspend production for the rest of the year, while backing guidance for its key metals copper and iron ore.
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Jul 18, 2024
Novartis now expects its core operating profit to grow in the mid to high teens, after second-quarter results outpaced analysts' expectations, boosted by revenue from its blockbuster treatments.
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Jul 18, 2024
Taiwan Semiconductor Manufacturing Co.'s second-quarter net profit jumped on surging demand for advanced chips amid the global artificial-intelligence boom.
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Jul 18, 2024
Publicis now expects organic net revenue growth of 5%-6% for the year, after second quarter sales beat analysts' expectations, fueled by gains in market share.
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Jul 18, 2024
Nokia cut its full-year sales outlook but said it was tracking toward the mid-point or slightly below the mid-point of its operating profit guidance, warning that telecom operators continued to hold back on investing in new network equipment.
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Jul 17, 2024
Darden said it will acquire all the outstanding shares of Chuy's for $37.50 per share. The price represents a 40% premium to Chuy's 60-day volume weighted price.
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Jul 17, 2024
The move follows a similar retreat by Tractor Supply as more companies face criticism over DEI.
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Jul 17, 2024
San Diego-based pet food retailer said that interim CEO R. Michael Mohan would transition to a new role leading a board committee focused on value creation.
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Jul 17, 2024
EssilorLuxottica has agreed to buy the brand from Vans owner VF for $1.5 billion, a move aimed at helping the Ray-Ban maker expand beyond eyewear.
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Jul 17, 2024
Daimler Truck said it took a €120 million hit from a write-down of its China joint venture due to a persistently weak market and that its full-year guidance was under review.
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Jul 17, 2024
Allianz is buying a 51% stake in Singapore insurance company Income Insurance for $1.6 billion as it expands in the region.
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Jul 17, 2024
ASML booked orders ahead of market forecasts as chip makers rush to get their hands on key production equipment to meet booming AI demand, but its shares fell on weaker-than-expected third-quarter guidance.
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Jul 16, 2024
The decision follows a new California law affecting communications between schools and families over gay and transgender students.
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