U.S. Retail Sales Fell 1.9% in December
U.S. retail sales dropped by 1.9% in December as the Covid-19 Omicron variant and inflation surged, damping the end of...
Sales Figures
Apple CEO Tim Cook Received Nearly $100 Million in Compensation in 2021
Apple Inc. AAPL -1.67% Chief Executive Officer Tim Cook received almost $100 million in compensation in 2021, a year in...
Toyota Overtakes GM as Bestselling Auto Maker in U.S.
The Japanese auto maker, which for decades has worked to expand its presence in the U.S., outsold GM by roughly...
U.S. Companies Are Thriving Despite the Pandemic—or Because of It
Nearly two years after the coronavirus pandemic brought much of the U.S. economy to a halt, public companies are recording...
Didi’s Revenue Falls After Beijing’s Crackdown Hurts Its China Business
Didi in early December said it is planning to delist from the U.S. and pursue a listing in Hong Kong....
Nike’s Supply Crunch Stunts Growth Again
Global supply-chain constraints continue to hurt Nike Inc.’s NKE -2.71% sales. The sneaker giant reported for a second consecutive quarter...
Gene Lee, CEO of Olive Garden Parent, to Retire
Olive Garden’s parent company Darden Restaurants Inc. DRI -4.96% said that Gene Lee, the chief executive who has led the...
Stores Like Home Depot and Best Buy Bolster Security After ‘Flash Mob’ Robberies
Retailers and law enforcement around the country are ramping up security to combat a wave of thefts by criminal groups...
Cyber Monday Sales Flat as Smaller Savings Curb Incentive to Spend
U.S. online sales were flat throughout Cyber Monday as smaller discounts gave shoppers less incentive to spend, but analysts say...
Private Flying Takes Off, Boosting Demand for Business Jets
A boom in private flying is helping revive business-jet sales, but it is also challenging charter operators who are scrambling...
Black Friday Shopping Is Back, but the Doorbusters Aren’t
The Covid-19 pandemic didn’t just change consumer habits. It also prompted retailers to rethink Black Friday, one of the biggest...
Uber CFO Focuses on Revenue Growth After Hitting Profitability Milestone
Uber Technologies Inc.’s finance chief said the ride-sharing and delivery company is focused on boosting its revenue and income after...
Best Buy’s, Dick’s E-Commerce Growth Slows After Pandemic-Fueled Surge
Consumers are spending freely on sporting goods and kitchen appliances, but they are doing more of their shopping in stores...
Zoom Shares Skid as Sales Growth Slows
Zoom Video Communications Inc. sales growth slowed last quarter as the extra demand for remote work and the company’s videoconferencing...
U.S. Home Sales on Track for Biggest Year in 15 Years
U.S. home sales rose in October as buyers continued to compete for a limited number of homes for sale. Existing-home...
Target, TJX Post Strong Sales, Say They Have Plenty in Stock for Black Friday
Retail chains Target Corp. and TJX Cos. said they were able to sidestep supply-chain snarls to post strong sales in...
U.S. Shoppers Boosted Spending Last Month, Taking on Higher Prices
U.S. retail sales rose by 1.7% in October, a sign that consumers are willing to spend more headed into the...
Twitter CFO Says Investing in Crypto ‘Doesn’t Make Sense Right Now’
Investing some of Twitter Inc.’s corporate cash in crypto assets such as bitcoin “doesn’t make sense right now,” Chief Financial...
Tyson’s Meat Production Falls Amid Labor Shortages
Labor challenges cut production volumes for Tyson Foods Inc. in the latest quarter, but the meat company’s sales grew year...
New York Life’s Pitch to Entrepreneurs: Sell Life Insurance
A career in sales is a hard sell right now, and building a diverse sales force is even tougher, recruiters...
