Biden Administration Advances Ban on Menthol Cigarettes
The Biden administration on Thursday took a significant step toward a national ban on menthol cigarettes, advancing a regulatory plan...
Sales Figures
Alphabet Earnings Show Slowing Sales Growth on Digital-Ad Tumult
Google parent Alphabet Inc. GOOG -3.04% posted slower sales growth as global economic turmoil disrupted digital advertising spending.The company said...
Tesla Posts Record $3.3 Billion Quarterly Profit
Tesla Inc. TSLA -4.96% reported a sevenfold jump in first-quarter profit as consumers snapped up the company’s electric vehicles, though...
Procter & Gamble Posts Biggest Sales Gain in Decades—and a Word of Caution
Procter & Gamble Co. ’s booming quarter came with a warning. The maker of Tide detergent and Gillette razors on...
The Pandemic Was Supposed to Push All Shopping Online. It Didn’t.
When millions of locked-down Americans went online during the Covid-19 pandemic, it looked like the possible start of a permanent...
Biden Administration Resumes Oil Leases on Federal Land
WASHINGTON—The Biden administration announced lease sales for oil and gas drilling on federal land Friday, but said it would sharply...
High Gasoline Prices Take Up Big Share of March Retail Spending Increase
U.S. retail sales grew modestly by 0.5% in March as consumers kept spending amid rising gasoline and food prices. Source...
China’s Latest Covid-19 Lockdowns Begin to Drag on the Economy
China’s strict Covid-19 lockdowns in Shanghai and other industrial hubs are beginning to weigh on its economy, with auto sales...
Visa Expects to Make Up Lost Russia Revenue Within a Year
Visa Inc. has lost about 4% of the revenue booked during its most recent fiscal year by pulling out of...
Toyota, GM Report Slowing U.S. Auto Sales
Major auto makers reported a pullback in U.S. sales for the first quarter of 2022, as a shortage of vehicles...
BuzzFeed News Editor in Chief Is Stepping Down as Company Trims Workforce
BuzzFeed Inc., in its first earnings report as a public company, said it expected revenue to decline in the current...
Nike Sales Rise as It Navigates Supply-Chain Snarls
Nike Inc.’s sales grew in the latest period as the sneaker giant benefited from gains in its digital business while...
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...
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...
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...
