Amazon Shares Skid After It Gives Weak Outlook Amid Recession Fears
With demand slowing, Amazon has been subleasing millions of square feet of excess warehouse space. Photo: Sebastian Hidalgo for The...
Sales Figures
Comcast Takes $8.6 Billion Write-Down on Sky, Reports Revenue Dip
Comcast Corp. CMCSA 5.51% took an $8.6 billion write-down on its Sky pay-TV operations and posted a dip in third-quarter...
Facebook Parent Meta’s Earnings Fall Short as Revenue Decline Accelerates
Facebook parent Meta Platforms Inc. META -5.59% posted its second revenue decline in a row, as the social-media giant wrestles...
UPS Earnings Rise as Higher Prices Offset Shipping Slowdown
United Parcel Service Inc.’s profit climbed in the third quarter despite a downtick in shipping volumes as higher prices buoyed...
Snap Stock Slumps Premarket as Sales Growth Shrinks, Advertisers Cut Spending
Snap, SNAP -0.64% in an investor letter Thursday, said it is operating on an assumption of no revenue growth this...
Travel Demand Remains Strong, Airlines Say
The pandemic-related travel boom shows little sign of tapering off, despite persistent inflation and a murky economic outlook, airlines say....
Biden to Sell More Oil From Strategic Reserve to Keep Gas Prices in Check
WASHINGTON—The Biden administration is planning to sell more oil from the country’s strategic reserves—and is considering authorizing new sales this...
Lockheed Martin Constrained by Supply Chain
Lockheed Martin Corp. LMT 4.71% said it is still grappling with parts and labor shortages, denting its hopes of increased...
Pernod Ricard to Buy Stake in Tequila Maker Backed by Country Star George Strait
Pernod Ricard SA has agreed to buy a majority stake in Codigo 1530 Tequila, a premium spirits brand backed by...
Domino’s Revenue Up as U.S. Sales Offset Strong Dollar
Domino’s Pizza Inc.’s DPZ 10.44% third-quarter revenue rose 7.1%, as higher sales from its U.S. restaurants offset a decline from...
Walgreens Quarterly Sales Fall on Fewer Prescriptions, Covid-19 Vaccinations
Walgreens Boots Alliance Inc. WBA 5.35% said it is counting on its burgeoning healthcare business to fuel profit growth in...
TSMC Reports Record Profit, Gains Exemption From U.S. Chip Curbs on China
Taiwan Semiconductor Manufacturing Co. said that its third-quarter net profit rose 80% to a new record, and that it had...
As Europe Caps Energy Bills, the Merits of Price Controls Get Another Look
The highest inflation in decades and the steep drop in Russian natural gas exports to Europe have pushed a growing...
As More Cars Hit Dealership Lots, Buyers Feel Pinch of Rising Interest Rates
More new cars and trucks are finally trickling into dealerships as supply-chain troubles ease and auto makers increase factory output....
Economy Week Ahead: Housing Market and Consumer Spending in Focus
Tuesday The Commerce Department releases August figures on new orders, shipments, unfilled orders and inventories of products meant to last...
WSJ News Exclusive | Ford’s Latest Supply-Chain Problem: a Shortage of Blue Oval Badges
Ford F -3.60% Motor Co. has delayed deliveries of certain vehicles because it didn’t have the blue oval badges that...
Marijuana Retail Licenses in New York Are Going First to Those Convicted of Drug Crimes
New York regulators want people who were affected by marijuana criminalization to get the first licenses to sell recreational pot...
Caterpillar Settles Tax Dispute With IRS, Will Pay No Penalties
Caterpillar Inc. said the settlement included the resolution of the disputed tax treatment of profits earned by a subsidiary from...
Inflation Tests Tide Maker’s Laundry-Detergent Dominance
Procter & Gamble Co. PG -1.78% is testing the bounds of what consumers are willing to pay for high-end household...
Ford’s U.S. Sales Rose 27% in August on Strong EV Demand
Ford has been posting strong year-over-year gains this summer on climbing electric-vehicle sales and improved deliveries of trucks and SUVs....
