Warner Bros. Discovery Sees Streaming Profits Sooner Than Expected
Despite the success of its streaming business, the media company’s revenue fell in the first quarter. Source link
Financial Performance
Apple Finds Strength in India as Overall Sales Fall for Second Straight Quarter
The company logged strong iPhone growth in places such as India, Indonesia, Latin America and the Middle East, a sign...
Peloton’s Progress in Narrowing Losses Falls Short of Expectations
The exercise-equipment company continues to sit on high levels of unsold web-connected bikes and treadmills. Source link
Ford Posts $1.8 Billion Profit, Cuts Mustang Mach-E EV Prices
The auto maker’s earnings are lifted by demand for high-end models. Source link
Why Is Inflation So Sticky? It Could Be Corporate Profits
Inflation has proved more stubborn than central banks bargained for when prices started surging two years ago. Now some economists...
Big Tech Earnings Spark Hope That Worst Is Over
Shares rise on better-than-expected results, but growth lags behind what Microsoft, Amazon and Google did in the past. Source link
Caterpillar Lifts Sales With Higher Prices as Demand Holds Strong
The construction-equipment maker said sales volumes rose in the first three months of the year, though services sales volumes fell....
Airlines Get Ready for Busy Summer as Travel Ramps Up
American and Southwest project a busy travel season after a winter slowdown. Southwest plans to reduce some flights this year...
Facebook Parent Meta Platforms Sees First Sales Increase in Nearly a Year
The company reported revenue of $28.6 billion, up 3% from a year prior, as it continues to improve after the...
Microsoft Revenue Growth Stays Low as Economic Concerns Hurt Demand
The software giant’s cloud-computing business has decelerated as companies become more cautious. Source link
GM Raises 2023 Profit Outlook, Kills Off Chevy Bolt EV
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3M to Cut 6,000 Jobs in Second Round of Layoffs This Year
The company also reported lower income and sales for the first quarter. Source link
How Bud Light Handled an Uproar Over a Promotion With a Transgender Advocate
Two executives have been put on leave, and sales of the No. 1 U.S. beer have declined in recent weeks....
WSJ News Exclusive | J&J Consumer-Health IPO Process to Kick Off Key Test for Moribund New-Issue Market
The company is poised to begin a roadshow to pitch shares of its consumer-healthcare business, in a test for an...
In 24 Hours, Elon Musk Reignited His Reputation for Risk
April 22, 2023 5:30 am ETIn the span of 24 hours this past week, Elon Musk made three very big...
WSJ News Exclusive | Lyft to Cut at Least 1,200 Jobs in New Round of Layoffs to Reduce Costs
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Publicis Posts Better-Than-Expected Organic Growth as Ad Industry Appears Resilient
Publicis Groupe SA reported higher-than-expected organic growth of 7.1% in the first quarter, and the advertising holding company said demand...
Apple CEO Tim Cook Meets Prime Minister Modi, as Tech Giant Looks to Expand in India
The visit comes as the iPhone maker wants India to become a center of manufacturing and sales. Source link
Rocket Motor Shortage Curbs Weapons for Ukraine
BusinessEarningsLockheed Martin projects steady Ukraine-driven sales in 2023 Source link
Apple Opens Its First Retail Store in India
The tech company opened a bricks-and-mortar location in Mumbai and is planning to open a second location Thursday in New...
