BuzzFeed News Editor in Chief Is Stepping Down as Company Trims Workforce
BuzzFeed Inc., in its first earnings report as a public company, said it expected revenue to decline in the current...
Earnings
GameStop’s Stock Rises After Chairman Buys More Shares
Shares of GameStop Corp. rose 16% in after-hours trading after the videogame retailer’s chairman disclosed his firm bought 100,000 shares...
Nike Sales Rise as It Navigates Supply-Chain Snarls
Nike Inc.’s sales grew in the latest period as the sneaker giant benefited from gains in its digital business while...
Aramco Profit Hits $110 Billion as Saudis Seek to Expand Investments
DUBAI—State oil giant Saudi Aramco said Sunday its 2021 net profit more than doubled to $110 billion, a boon to...
Home Sales Fell in February Amid Tight Supply, Rising Mortgage Rates
Sales of previously owned homes declined in February as rising mortgage-interest rates and a shortage of homes for sale made...
Shoppers Reach Their Limits on Some Price Increases
Apparel retailers and department stores are bumping up against pockets of price resistance, a sign that consumers are curtailing spending...
U.S. Retail Sales Grew 0.3% in February
Americans kept up retail spending in February but at a slower pace than the prior month, as they faced high...
Rivian Automotive Curtails Production in 2022 Due to Supply-Chain Disruptions
Rivian Automotive Inc.’s losses deepened in the fourth quarter and the electric-car startup said supply-chain challenges would sharply curtail its...
WSJ News Exclusive | A Peloton Bike and Subscription for One Monthly Fee? Company to Test New Price Plans
Peloton Interactive Co. PTON 3.95% ’s new chief executive is looking to overhaul the stationary-bike maker’s pricing strategy in a...
Campbell Soup Sales Fall on Labor, Supply Constraints
Campbell Soup Co. CPB 0.60% posted lower quarterly sales as labor and supply constraints weighed on operations and profitability. The...
Disney+ to Roll Out Cheaper, Ad-Supported Subscription in Late 2022
Times have changed, and so have the streaming wars. Disney announced Friday that it would roll out a cheaper, ad-supported...
Best Buy Posts Lower Sales on Supply-Chain Hit, Omicron Impact
Best Buy Co. ’s sales for the holiday quarter fell from a year earlier, as reduced store hours due to...
Ukraine War Plunges Auto Makers Into New Supply-Chain Crisis
BERLIN—After a pandemic and a global chip crunch, Russia’s war in Ukraine has unleashed auto makers’ third supply-chain crisis in...
Jeep Plans Line of Fully Electric SUVs
Jeep, a historic American brand that has long been known for its rugged sport-utility vehicles, plans to offer a line...
Target Profit Rises as Annual Revenue Crosses $100 Billion
Target Corp. TGT 0.28% reported strong sales gains in the holiday quarter, capping off a two-year pandemic run during which...
Lucid Slashes 2022 Vehicle-Production Target
Electric car maker Lucid LCID 9.98% Group Inc. cut its 2022 vehicle-production target, underscoring the twin challenges of global supply-chain...
BP to Exit From Stake in Russia’s Rosneft Following Pressure From U.K.
British energy giant BP PLC said Sunday it will exit its nearly 20% stake in Russian government-controlled oil producer Rosneft...
Russia Sanctions Over Ukraine Largely Spare Energy Sector, Vital to Europe
The West is rolling out increasingly tough sanctions on Russia but it is going out of its way to preserve...
Global Air Travel Is Disrupted by Russian Invasion of Ukraine
Competing aviation sanctions and the narrowing of airspace available for commercial travel over Russia and Eastern Europe are adding strain...
Moderna Beats Profit Estimates, Fueled by Covid-19 Vaccine Sales
Moderna Inc. posted better-than-expected profits for the last three months of 2021 as the company’s Covid-19 vaccine continued to power...
