Bed Bath & Beyond Decluttered Its Stores and Ended Up Frustrating Shoppers
Those moves, led by Chief Executive Officer Mark Tritton, ended up making the home-goods chain vulnerable to supply-chain problems that...
Earnings
Deadly Mining Disaster Still Tests Vale Three Years Later
Costs related to the incident have continued to rack up, Brazilian authorities have been slow to permit further mining amid...
Chevron Rakes in $15.6 Billion in Annual Profits as Oil Prices Climb
Chevron Corp. had its most profitable year since 2014, reporting Friday that it earned $15.6 billion in net income in...
Southwest Turns Quarterly Profit, Says Worst of Omicron Is Over
The Dallas-based airline on Thursday posted a fourth-quarter profit of $68 million, up from a loss of $908 million a...
Tesla Posts Record Annual Profit
Tesla Inc. TSLA 2.07% cruised to a record annual profit but cautioned that the supply-chain disruptions that dogged auto makers...
Abbott’s Rapid Covid-19 Tests Boost Quarterly Sales Growth
Abbott Laboratories, ABT -2.53% one of America’s largest producers of rapid tests for Covid-19, said that testing-related sales were $2.3...
Microsoft Earnings Grew Last Quarter With Demand for Cloud Services
Microsoft Corp. MSFT -2.66% said its earnings continued to grow last quarter as its cloud-services business stayed strong.On Tuesday, the...
Sony’s Videogame Strategy Challenged by Microsoft’s Deal for Activision
TOKYO— Sony Group Corp. SONY -3.45% finds itself in a position many gamers could appreciate, having climbed to the highest...
Software Provider Globalization Partners Gets Vista Equity Backing at $4.2 Billion Valuation
Globalization Partners, a software provider that helps businesses streamline the process of hiring employees internationally, has landed new backing from...
Airbus Cancels Qatar Airways Plane Contract, a Rare Move Amid Growing Spat
LONDON— Airbus SE EADSY -0.53% scrapped a $6 billion jet contract with Qatar Airways Ltd., part of an escalating legal...
U.S. Existing-Home Sales Reached a 15-Year High of 6.1 Million Last Year
U.S. home sales surged to a 15-year high in 2021, powered by low borrowing rates and an intense buyer demand...
Netflix Is Expected to Log Smaller Profit as It Spends More on Content
Netflix Inc. NFLX 0.56% is banking on its large slate of entertainment to bring in new subscribers and justify its...
U.S. Retail Sales Fell 1.9% in December
U.S. retail sales dropped by 1.9% in December as the Covid-19 Omicron variant and inflation surged, damping the end of...
Intel Erases Reference to China’s Xinjiang After Social-Media Backlash
SINGAPORE—Intel Corp. removed references to the Chinese region of Xinjiang from an open letter it sent suppliers last month, after...
Apple CEO Tim Cook Received Nearly $100 Million in Compensation in 2021
Apple Inc. AAPL -1.67% Chief Executive Officer Tim Cook received almost $100 million in compensation in 2021, a year in...
AT&T Shed Media Assets in 2021. This Year It Wants to Add Investors.
AT&T Inc. T 0.83% faces a busy year as it tries to complete a divorce with its entertainment business, ease...
Toyota Overtakes GM as Bestselling Auto Maker in U.S.
The Japanese auto maker, which for decades has worked to expand its presence in the U.S., outsold GM by roughly...
U.S. Companies Are Thriving Despite the Pandemic—or Because of It
Nearly two years after the coronavirus pandemic brought much of the U.S. economy to a halt, public companies are recording...
Didi’s Revenue Falls After Beijing’s Crackdown Hurts Its China Business
Didi in early December said it is planning to delist from the U.S. and pursue a listing in Hong Kong....
Looking to Rent a Car? Expect Higher Prices, Long Waits and Slim Pickings
Travelers looking to rent cars are encountering higher rates and few choices, if they can find a car at all.The...
