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...
Sales Figures
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....
Nvidia Warns of Sales Hit From New U.S. Chip Licensing Requirements for China
Nvidia Corp. could lose as much as $400 million in quarterly sales after the U.S. imposed new licensing requirements on...
Inventory Pileup, Uneasy Shoppers Put Retailers in Jeopardy
For retailers, it is a season of discontent.From Walmart Inc. to Nordstrom Inc., retailers have a glut of inventory and...
Victoria’s Secret, Gap Suffer as Shoppers Shift From Apparel
The results, following lackluster earnings reports from many department stores and big-box chains, were weaker than investors had expected. Victoria’s...
China’s Videogame Makers Tap Overseas Markets as Home Prospects Dim
Chinese videogame companies are moving rapidly into the U.S. and other overseas markets as regulations at home tighten and user...
U.S. Home-Sales Report for July Comes as Housing Market Cools
The National Association of Realtors’ July report on existing-home sales will cap a week of figures that so far have...
U.S. Retail Spending Held Steady in July
U.S. consumers continued opening their wallets last month, shifting savings from falling gasoline prices to purchases of everyday goods as...
Walmart Earnings Show Rise in Revenue as Higher Prices Lift Business
Walmart Inc.’s WMT 5.77% revenue rose in the second quarter as the retail company benefited from consumers both paying more...
WSJ News Exclusive | Best Buy Cuts Store Jobs to Help Boost Profits
Best Buy Co. BBY -0.15% is cutting store jobs across the country, as the electronics and appliance retailer works to...
Cardinal Health CEO Steps Down
Cardinal Health Inc. CAH 5.26% Chief Executive Officer Mike Kaufmann is stepping down from the healthcare products distributor as it...
Foxconn Predicts Better Year Ahead but Flags Slowing Smartphone Demand
Foxconn Technology Group, the world’s biggest iPhone assembler, said demand for smartphones and other consumer electronics is slowing, leading it...
Elon Musk Sells Nearly $7 Billion Worth of Tesla Stock Amid Twitter Uncertainty
Elon Musk sold nearly $7 billion worth of Tesla Inc. TSLA -2.44% stock in recent days, regulatory disclosures show, amid...
Videogame Companies Face Slowdown as People Spend Less on Gaming
The videogame industry is seeing a sharp slowdown in growth as people are going out again after a pandemic-fueled spurt...
Nvidia Warns of Sales Shortfall as Gaming Revenue Drops
The Santa Clara, Calif., company expects revenue of $6.7 billion for the quarter ended July 31, some 17% below the...
Paramount Revenue Gets Lift From ‘Top Gun’ Sequel, Streaming Service
Paramount Global PARA 1.08% said its “Top Gun” sequel and its growing streaming business helped boost revenue in the latest...
Under Armour Lowers Profit Targets for Year
Under Armour Inc. UA 2.06% lowered its profit targets for its fiscal year, saying the price markdowns and higher freight...
Uber Revenue Doubles, Sending Shares Surging
Uber UBER 18.90% Technologies Inc. doubled quarterly revenue, improved its financial performance and said high inflation was causing more people...
Activision Blizzard Profit Slumps as Sales Shrink
The videogame publisher’s adjusted per-share earnings slipped from the year-ago period but met analysts’ estimates. Photo: Sergio Flores/Bloomberg News Activision...
