Lowe’s Profitability Improves Despite Dimming Sales Outlook
Lowe’s Cos. surprised Wall Street with its management of costs and pricing in the latest quarter amid a slowing outlook...
Earnings
Rio Tinto Needs to Spend Money to Make Money
A world-wide shortage of many major commodities is a headache for most companies these days. But for Australian metals heavyweight...
Home Depot Expects Sales Growth to Slow in 2022
Sales growth will likely slow this year for Home Depot Inc., the home-improvement retailer said Tuesday, an indication that the...
Macy’s Opts Against Separation of E-Commerce Business
Macy’s Inc. has opted against separating its e-commerce business from its bricks-and-mortar stores amid calls from an activist investor to...
Inside Subway’s Turnaround Plan
Subway, which has the most locations of any restaurant chain in the U.S., is pursuing a new way to try...
California’s Green-Energy Subsidies Spur a Gold Rush in Cow Manure
Clean Energy Fuels Corp. , a major distributor of natural gas made from waste, found a way to boost its...
GE Warns Supply-Chain Issues to Pressure Profits, Cash Flow
General Electric Co. warned that supply-chain problems, labor shortages and inflation would weigh on its financial results in the first...
Marriott Doubles Revenue Despite Omicron Setback
Marriott International Inc. said demand for business and leisure travel continued to grow in the holiday quarter despite a setback...
Inflation Is Everywhere, Including Places You Might Not Expect
Inflation is seeping through American business, hitting companies in unexpected ways beyond higher prices for materials, shipping or wages.It is...
U.S. Housing Affordability Worsens
U.S. housing affordability worsened in the fourth quarter as home prices rose alongside mortgage-interest rates.The Covid-19 pandemic helped spark a...
Disney’s Earnings Show Rebound in Disney+, Parks Businesses
Walt Disney Co. DIS 3.33% regained momentum in subscription growth for its flagship Disney DIS 3.33% + streaming service and...
Pfizer Forecasts $54 Billion in 2022 Sales From Its Covid-19 Vaccine, Treatment
As Pfizer Inc. PFE -2.84% forecasts strong sales this year for its Covid-19 vaccine and treatment, the drugmaker is on...
KKR Earnings Fall While Cash Available to Shareholders Hits New Heights
KKR & Co.’s fourth-quarter earnings fell as the change in the value of its investments lagged behind the broader market,...
WSJ News Exclusive | Peloton CEO John Foley to Step Down, Become Executive Chair
Peloton Interactive Inc. PTON 20.93% plans to replace its chief executive, cut costs and overhaul its board after a slowdown...
Peter Thiel to Step Down From Facebook Parent Meta’s Board
Peter Thiel, one of Facebook’s earliest investors and its longest-serving outside board member, is planning to step down from his...
Southwest to Bring Alcohol Back on Flights, Citing Customer Demand
Southwest Airlines Co. LUV -1.92% is bringing back in-flight alcohol sales after holding off for months to tamp down on...
Amazon Profits Show Resilience Even as Labor, Supply Crunch Weigh on Results
Amazon.com Inc. AMZN -7.81% said profits nearly doubled in the critical holiday period, as the company managed to control labor...
Facebook’s Shares Plunge After Profit Decline
Facebook parent Meta Platforms Inc. posted rising revenues but a modest decline in profit as it increased spending to execute...
Starbucks Sales Rise as Cost Pressures Increase at the Coffee Chain
Starbucks Corp. SBUX 0.45% said rising costs of supplies and wages will continue to weigh on the coffee giant’s profit...
GM Earnings Rose Sharply in 2021
General Motors Co. GM 2.54% said it plans to accelerate the timetable for some electric-vehicle launches and will establish a...
