Union Pacific Profit Rises 13% as Railroads Benefit From Higher Freight Rates
Higher prices and strong demand from customers helped lift profits for major railroad operators in the most recent quarter, though...
Earnings
Travel Demand Remains Strong, Airlines Say
The pandemic-related travel boom shows little sign of tapering off, despite persistent inflation and a murky economic outlook, airlines say....
Tesla Cuts 2022 Vehicle-Delivery Target Though Says Demand Remains Strong
The company expects to “sell every car that we make for as far into the future as we can see,”...
Tesla Poised for Near-Record Earnings as Demand Concerns Loom
Elon Musk’s electric-vehicle maker so far has brushed off worries about weakening demand. Strong vehicle pricing is forecast to have...
Biden to Sell More Oil From Strategic Reserve to Keep Gas Prices in Check
WASHINGTON—The Biden administration is planning to sell more oil from the country’s strategic reserves—and is considering authorizing new sales this...
Netflix Gains 2.4 Million New Subscribers, Reversing Trend
Netflix Inc. NFLX -1.73% snapped back to subscriber growth in the third quarter, giving the streaming giant a jolt as...
Amazon Workers Reject Union in Vote at Upstate New York Warehouse
Amazon.com Inc. AMZN 2.26% workers in upstate New York voted against unionizing, a setback for labor activists trying to expand...
Lockheed Martin Constrained by Supply Chain
Lockheed Martin Corp. LMT 4.71% said it is still grappling with parts and labor shortages, denting its hopes of increased...
Pernod Ricard to Buy Stake in Tequila Maker Backed by Country Star George Strait
Pernod Ricard SA has agreed to buy a majority stake in Codigo 1530 Tequila, a premium spirits brand backed by...
Domino’s Revenue Up as U.S. Sales Offset Strong Dollar
Domino’s Pizza Inc.’s DPZ 10.44% third-quarter revenue rose 7.1%, as higher sales from its U.S. restaurants offset a decline from...
Walgreens Quarterly Sales Fall on Fewer Prescriptions, Covid-19 Vaccinations
Walgreens Boots Alliance Inc. WBA 5.35% said it is counting on its burgeoning healthcare business to fuel profit growth in...
TSMC Reports Record Profit, Gains Exemption From U.S. Chip Curbs on China
Taiwan Semiconductor Manufacturing Co. said that its third-quarter net profit rose 80% to a new record, and that it had...
WSJ News Exclusive | Peloton Co-Founder John Foley Faced Repeated Margin Calls From Goldman Sachs as Stock Slumped
John Foley, the co-founder and former chief executive of Peloton Interactive Inc., PTON -3.41% faced repeated margin calls on money...
As Europe Caps Energy Bills, the Merits of Price Controls Get Another Look
The highest inflation in decades and the steep drop in Russian natural gas exports to Europe have pushed a growing...
Memory Chip Makers Struggle With Declines in Demand, Price
The pandemic boom in memory chips is on pause. A decline in prices in recent months has led the biggest...
Samsung Expects Earnings to Slump as Consumer Spending Slips
SEOUL— Samsung Electronics Co. is expected to see its third-quarter profit slump as the company’s mainstay memory-chip and smartphone businesses...
As More Cars Hit Dealership Lots, Buyers Feel Pinch of Rising Interest Rates
More new cars and trucks are finally trickling into dealerships as supply-chain troubles ease and auto makers increase factory output....
Economy Week Ahead: Housing Market and Consumer Spending in Focus
Tuesday The Commerce Department releases August figures on new orders, shipments, unfilled orders and inventories of products meant to last...
WSJ News Exclusive | Ford’s Latest Supply-Chain Problem: a Shortage of Blue Oval Badges
Ford F -3.60% Motor Co. has delayed deliveries of certain vehicles because it didn’t have the blue oval badges that...
FedEx to Raise Shipping Rates by 6.9% as It Combats Slowdown
FedEx Corp. FDX 0.84% said it plans to raise shipping rates by an average of 6.9% across most of its...
