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...
Financial Performance
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...
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...
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...
