Apple Tests Limits for Most Expensive iPhones
The tech company is expected to raise prices by $100 on some premium models next week. Source link
Earnings
A Private Phone. Secret Recordings. Inside One CEO’s Relationship With a TV Anchor.
Under Armour’s Kevin Plank shared nonpublic financial details with Stephanie Ruhle, and she gave advice on how to address negative...
Dick’s Sporting Goods, Macy’s Flash Warning Signs on U.S. Consumer Spending
The retailers’ shares traded sharply lower after they posted weaker quarterly earnings and gave tepid forecasts for the rest of...
SoftBank Chip Unit Arm Files for an IPO Likely to Be 2023’s Biggest
Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link
Why a Zara Bet Big on the Maxi Dress This Summer
Fashion retailer arms managers with bevy of data, and authority to act on it, in bid to keep ahead of...
WSJ News Exclusive | A Rare Look Into the Finances of Elon Musk’s Secretive SpaceX
The rocket company and satellite operator narrowed its loss to $559 million in 2022. Costs increased, but revenue rose faster....
Target Sales Are Punished by Pride Month Backlash
The retailer lowered profit goals for the year, and executives said they would modify the annual Pride Month promotion. Source...
China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn
Updated Aug. 15, 2023 3:35 am ETListen to article(2 minutes)SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment...
Tyson Foods Expands Chicken Plant Closures
What to Read Next Source link
Apple Sees Third Straight Quarter of Falling Sales, but Services Unit Hits Record
Sales of iPhones missed analyst estimates, although executives pointed to continued strength in emerging markets. Source link
Bud Light Boycott Sparks Big U.S. Profit Drop for AB InBev
The brewing giant lost market share after the Dylan Mulvaney debacle, but it says consumers remain favorable toward Bud Light....
Maaco, Meineke Owner Is Hit by Rising Car-Wash Competition
Driven Brands entered the car-wash business line in 2020, and it is now its third-largest segment by revenue. Source link
Uber’s Business Is Finally Making Money After Years of Losses
What to Read Next Source link
The Fall of a Trucking Giant: Why Yellow Is on the Verge of Collapse
One of the oldest and biggest U.S. trucking businesses has been wrecked by a string of mergers that left it...
Biogen Buying Rare-Disease Drugmaker in $7.3 Billion Deal
The deal would bolster the biotech company’s portfolio of treatments for neuromuscular and rare diseases. Source link
Exxon and Chevron Stalk More Shale Deals as Profits Dip
The oil giants together added $14 billion in profits to their cash piles and have signaled they’re not finished shopping...
McDonald’s Grimace Shake Trend Pays Off for Burger Chain
A meal celebrating the purple character helped drive sales after it went viral on TikTok. Source link
Weaker Energy Prices Temper Shell’s Profit, but Not Cash Payouts for Investors
The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its...
Boeing Reports $149 Million Loss as Defense Charges Pile Up
The aerospace giant said it is increasing jetliner production as planned while reducing its debt. Source link
Meta Sees Ad Business Rebound but Warns of Higher Spending in Metaverse
The Facebook parent posted its highest quarterly sales growth in more than a year as demand for digital advertising gets...
