IMF Cuts Global Growth Forecast Amid Supply-Chain Disruptions, Pandemic Pressures
WASHINGTON—Supply-chain disruptions and global health concerns spurred the International Monetary Fund to lower its 2021 growth forecast for the world...
Earnings Projections
Airbnb Revenue Nearly Quadrupled in Second Quarter
Airbnb Inc.’s second-quarter revenue nearly quadrupled, rebounding from the lows of the pandemic and exceeding pre-pandemic levels, as domestic travel...
GM Reveals Hit From Chip Shortage, Rising Costs
General Motors Co. posted strong second-quarter earnings and raised its full-year profit guidance but said the lingering computer-chip shortage and...
Starbucks, Facing Higher Costs, Pushes Upscale Coffee
Starbucks Corp. said higher labor and supply costs are likely to linger for months, adding that it is promoting higher-end...
Kimberly-Clark Plans Higher Prices Through Next Year
The maker of Huggies diapers and Cottonelle toilet paper said it expects to charge higher prices through 2022 in an...
Publicis Groupe Sees a Quicker Recovery as Organic Revenue Rises
Publicis Groupe SA reported a 17.1% increase in organic revenue in the second quarter, joining competitors in reporting significant growth...
The World’s Biggest Miner Picks Profit Over Production
SYDNEY— BHP Group Ltd. BHP -2.74% ’s chief executive earlier this year reminded investors that mining companies that bet big...
Samsung Electronics Expects 53% Increase in Operating Profit
SEOUL— Samsung Electronics Co. expects a 53% rise in operating profit for the second quarter, lifted by strong demand for...
