Tencent to Work With Chinese Regulators to Limit Minors’ Online Game Time
Tencent Holdings Ltd. pledged to work with Chinese regulators and industry counterparts to manage how minors use online games and...
Financial Performance
Target Sales Increase as Shoppers Return to Stores
Target Corp. reported increased revenue in the second quarter as more people returned to stores and online spending moderated compared...
Airbnb Revenue Nearly Quadrupled in Second Quarter
Airbnb Inc.’s second-quarter revenue nearly quadrupled, rebounding from the lows of the pandemic and exceeding pre-pandemic levels, as domestic travel...
AMC Talks Bitcoin, GameStop With Its Reddit Followers
AMC Entertainment Holdings Inc. on Monday detailed changes coming to its theaters, such as accepting bitcoin, that are aimed at...
NBC Draws Its Lowest Summer Olympics Ratings Ever for Tokyo Games
Olympic athletes like Caeleb Dressel, Suni Lee and Sydney McLaughlin helped the U.S. win the most gold medals at the...
WSJ News Exclusive | McDonald’s Pushes Diners to Use Trays as Food Bags Run Tight
Burger lovers will have to get used to eating off fast-food trays inside McDonald’s again. McDonald’s Corp. is facing tight...
Cigarette Companies Are Caught Between Death and Taxes
Cigarette companies are pouring billions of dollars into nicotine products that don’t come with the lethal health warnings of traditional...
Biden Toughens Fuel-Efficiency Standards, Challenges Auto Makers to Sell More EVs
WASHINGTON—President Biden made dual moves to reduce greenhouse gas emissions, imposing tougher fuel-efficiency standards on auto makers and challenging them...
GM Reveals Hit From Chip Shortage, Rising Costs
General Motors Co. posted strong second-quarter earnings and raised its full-year profit guidance but said the lingering computer-chip shortage and...
Tencent Sinks After China Denounces Online Gaming
Shares of Tencent Holdings Ltd. and rivals fell Tuesday after a state-owned Chinese newspaper criticized online gaming as “opium for...
Activision Replaces Blizzard Head J. Allen Brack as It Faces Gender-Bias Lawsuit
Activision Blizzard Inc. said an executive named in a gender-bias lawsuit filed by California regulators is leaving the videogame publisher....
Alibaba Posts Lower Profit as Chinese Tech Giant Boosts Spending
Alibaba Group Holding Ltd. reported an increase in revenue in the latest quarter, but profits fell as the e-commerce behemoth...
Procter & Gamble Warns of Higher Costs and Slower Sales
Procter & Gamble Co. gave a somber outlook for the year ahead, predicting slower sales and historically high costs for...
Exxon, Chevron Report Billions in Profits but Plan to Keep Spending Tight
Big oil companies are raking in their highest profits since the onset of the coronavirus pandemic, but they plan to...
Samsung Profit Rises 73% as Memory-Chip Demand Surges
SEOUL— Samsung Electronics Co. offset relative weakness in smartphone shipments by capitalizing on another quarter of roaring demand for its...
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...
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...
