Starbucks, Facing Higher Costs, Pushes Upscale Coffee
Starbucks Corp. said higher labor and supply costs are likely to linger for months, adding that it is promoting higher-end...
Earnings
Apple Profit Sets Record on Strong iPhone Sales
Apple Inc. AAPL -1.49% on Tuesday posted a record spring-quarter profit as customers keep embracing new iPhones and other devices,...
UPS Ships Fewer Packages as Pandemic Boom Wanes
United Parcel Service Inc. UPS -8.60% posted a 14.5% increase in second-quarter sales despite shipping fewer packages than it did...
Tesla’s Quarterly Profit Soars to Record $1.1 Billion
Tesla Inc.’s quarterly profit rose to record levels as the car maker largely evaded the effects of a global chip...
Apple, Amazon, Tesla Among the Giants Set to Post Results
Corporate giants from Apple Inc. to Visa Inc. are expected to report their financial results over the coming week, giving...
Kimberly-Clark Plans Higher Prices Through Next Year
The maker of Huggies diapers and Cottonelle toilet paper said it expects to charge higher prices through 2022 in an...
Intel Sales Bolstered by Strong PC Demand
Intel Corp. surprised investors with higher-than-anticipated second-quarter earnings, aided by strength in PC-related sales as Chief Executive Pat Gelsinger moves...
U.S. Median Existing-Home Price Hit New High in June
The median U.S. home price rose to a new high of $363,300 in June as strong demand pushed home sales...
Publicis Groupe Sees a Quicker Recovery as Organic Revenue Rises
Publicis Groupe SA reported a 17.1% increase in organic revenue in the second quarter, joining competitors in reporting significant growth...
Coca-Cola Boosts Outlook as Sales Rebound
The beverage giant’s sales plummeted in 2020 when the Covid-19 pandemic closed dining and entertainment venues. The company’s revenue in...
Netflix Signals No Acquisition Plans as It Adds 1.5 Million Subscribers
The streaming giant told investors Tuesday that while its competition is growing and rivals are combining to create more formidable...
AT&T, Dish Strike $5 Billion Deal to Support Boost Mobile
AT&T Inc. T -2.17% struck a deal to carry Dish Network Corp.’s DISH -0.81% existing cellphone customers over its wireless...
U.S. Retail Sales Rose in June
U.S. shoppers boosted retail spending in June as the economy more broadly reopened and auto dealers navigated supply disruptions. Retail...
Delta Reports First Profit Since Covid-19 Pandemic Began
Delta Air Lines Inc. said U.S. vacation travel has fully recovered as the airline reported its first quarterly profit since...
ZoomInfo Technologies Using New Financing to Help Pay for AI Startup
Business-intelligence platform ZoomInfo Technologies Inc. raised about $500 million in debt on Tuesday and plans to use some of the...
Samsung Electronics Expects 53% Increase in Operating Profit
SEOUL— Samsung Electronics Co. expects a 53% rise in operating profit for the second quarter, lifted by strong demand for...
Court Strikes Down Attempt to Expand Summer Ethanol Sales
A federal appeals court Friday struck down a 2019 rule-change to expand summertime ethanol sales, saying the Trump administration overreached...
Toyota joins SoftBank; Facebook investigation; CNN Business
Click chart for more in-depth data. 1. The race to driverless cars: SoftBank (SFTBF) and Toyota (TM) are forming a...
