|
May 08, 2024
They couldn't have been more different as business owners, so it was also an education in entrepreneurship.
|
|
May 08, 2024
While its first-quarter results were largely better than expected, the online-shopping platform must now navigate an environment of shaky consumer spending.
|
|
May 08, 2024
A deal for PowerSchool could come together in the coming weeks, valuing the software provider at around $6 billion, including debt.
|
|
May 08, 2024
A Boston doctor, a marketing executive and others discover the ways AI is reshaping their workdays
|
|
May 08, 2024
Campari Chief Executive Matteo Fantacchiotti said in an interview that the distiller has been focused on growing in the U.S. and Asia-Pacific at a time when other European drinks makers are facing a challenging environment in both markets.
|
|
May 08, 2024
The Wall Street Journal is convening its annual CEO Council in London to discuss the forces shaping policy, business and the economy.
|
|
May 08, 2024
Intel said that the U.S. Department of Commerce revoked certain licenses for exports of certain items to a customer in China.
|
|
May 08, 2024
Meta Platforms is expanding a suite of generative artificial-intelligence tools for use by its advertisers, the company's latest move to integrate AI into its consumer products.
|
|
May 08, 2024
Essence magazine's parent tapped advertising executive Kirk McDonald to lead Sundial Media Group, a holding firm tasked with making more deals.
|
|
May 08, 2024
South Korea is dedicating around $7 billion to help wean its electric-vehicle battery supply chain away from China and align more with U.S. trade guidelines.
|
|
May 08, 2024
The Japanese carmaker projected a drop in fiscal-year profit on higher costs and announced a share buyback after posting stronger fourth-quarter net profit thanks partly to a weaker yen.
|
|
May 08, 2024
A host of global automakers are increasingly turning to Chinese tech giants in a bid to claw back market share in one of the world's largest—and fastest-changing—auto markets.
|
|
May 08, 2024
The company's shares nearly doubled in their trading debut after it raised more than $540 million in South Korea's biggest initial public offering in more than two years.
|
|
May 08, 2024
The company forecast revenue growth of 10%-12% and a free cash-flow of around €1 billion, and said it had initiated a restructuring of its wind business, replacing the unit's CEO in the process.
|
|
May 08, 2024
Puma forecast an operating result of €620 million-€700 million for 2024, with analysts suggesting it should achieve sequential sales growth helped by some major sporting events.
|
|
May 08, 2024
Bertelsmann said for 2024 it continues to expect a significant decline in revenue and earnings due to asset sales, but a moderate increase in both revenue and earnings from continuing operations.
|
|
May 08, 2024
Alstom said adjusted earnings rose 17% with an improved margin and guided for further profit growth in 2025, as it looks to cut overheads and procurement costs.
|
|
May 08, 2024
The German reinsurer posted net profit for the first three months of 2024 of $2.3 billion, in line with preliminary figures, and said it was "more likely" it would surpass its full-year profit target.
|
|
May 08, 2024
The German car-parts company confirmed both its preliminary figures for the quarter ended March and also backed its full-year outlook, despite posting a net loss of $57 million.
|
|
May 07, 2024
The entertainment giant added streaming customers as it swung to a loss as a result of a charge from an India media venture.
|
|
May 07, 2024
Tom Zhu, one of the three executives named on Tesla's website, is coming back to China as the carmaker seeks to launch Autopilot features there.
|
|
May 07, 2024
Consumers couldn't get enough of the product during the pandemic. But as demand cooled, some startups found they had to pivot.
|
|
May 07, 2024
The National Highway Traffic Safety Administration asked the automaker to explain the process and rationale for many of its recall remedies.
|
|
May 07, 2024
The two companies announce the partnership as they face competition from common rival DoorDash.
|
|
May 07, 2024
A Boeing spacecraft was due to take its inaugural crewed flight Monday, carrying NASA astronauts to the International Space Station.
|
|
May 07, 2024
Infineon Technologies shares rose more than 9% after the company set out fresh guidance that analysts said reinforces confidence in its recovery prospects.
|
|
May 07, 2024
It's hard to get your head around all the things artificial intelligence will do, someday. So instead focus on how it can make your life better right now.
|
|
May 07, 2024
The entertainment giant added streaming customers as it swung to a loss as a result of a charge from an India media venture.
|
|
May 07, 2024
Saudi Arabia's national oil company first-quarter profit fell and missed analysts' forecasts due to a lower volume of crude oil sold and weaker refining and chemicals margins.
|
|
May 07, 2024
Tesla's sales in China dropped in April, while its Chinese rivals reported higher sales as the country's electric-vehicle market rebounded from a slow start this year.
|
|
May 07, 2024
Schaeffler shares jumped after the company confirmed its guidance for the year despite a drop in revenue in the first quarter.
|
|
May 07, 2024
UniCredit improved its 2024 guidance as it reported better than expected profits for the first quarter on higher revenue and net interest income.
|
|
May 07, 2024
Electric-vehicle maker Zeekr plans to stop taking orders for its over $300.0 million U.S. offering earlier than expected, people familiar with the process said.
|
|
May 07, 2024
UBS returned to profit in the first quarter and booked $27 billion in new assets into its key global wealth management business.
|
|
May 07, 2024
BP's first-quarter profit was hit by lower oil and gas trading but it confirmed a $1.75 billion share buyback.
|
|
May 07, 2024
BP plans to cut at least $2 billion in costs after its first-quarter profits were hit by lower prices and a U.S. refinery outage, missing market forecasts.
|
|
May 07, 2024
Heidelberg Materials first-quarter underlying earnings came in at €542 million and it continued to target full-year results from current operations of €3-€3.3 billion.
|
|
May 07, 2024
Bouygues said its operating profit from activities rose to €26 million and the company reiterated its guidance for 2024 of slightly higher sales and profits compared with 2023.
|
|
May 07, 2024
DHL owner Deutsche Post posted lower quarterly earnings as its key business-to-business market failed to improve, but it said conditions should improve in the second half of the year and backed its full-year guidance.
|
|
May 07, 2024
Zalando swung to a profit in the first quarter but revenue fell 0.6% as active customers declined.
|
|
May 06, 2024
A Boeing spacecraft was due to take its inaugural crewed flight Monday, carrying NASA astronauts to the International Space Station.
|
|
May 06, 2024
The jet maker recently said its employees may have skipped some Dreamliner checks related to electrical safeguards.
|
|
May 06, 2024
The reporting addressed the Supreme Court, the Israel-Hamas war and child-migrant labor.
|
|
May 06, 2024
Trump Media & Technology Group said it had appointed Semple, Marchal & Cooper as its new financial auditor after its previous accounting firm was banned by regulators.
|
|
May 06, 2024
Steward Health Care is at risk of running out of cash, putting regulators on alert for shutdowns.
|
|
May 06, 2024
Simon & Schuster is acquiring Dutch publishing house Veen Bosch & Keuning for an undisclosed amount, its first deal for a non-English book publisher as it pushes to expand internationally.
|
|
May 06, 2024
Expansion of data centers fuels demand for generators and battery backups: "You cannot have downtime."
|
|
May 06, 2024
The former CEO calls for a "focus on customer experience" in a post after the company's earnings miss.
|
|
May 06, 2024
Vinci has appointed company veteran Pierre Anjolras as chief operating officer, marking the first step in the process to name a successor for chief executive Xavier Huillard, whose term will end next year.
|
|
May 06, 2024
Swedish private-equity firm EQT said it will pay $76 a share, a 58% premium to Perficient's closing price on Friday.
|
|
May 06, 2024
Atos said the proposals were from a group of bondholders and banks, Bain Capital, EP Equity Investment and Onepoint, adding that it had signed a $108 million interim financing deal with bondholders.
|
|
May 06, 2024
Li Auto shares rose sharply after the Chinese electric-vehicle maker posted strong orders for its first model priced under 300,000 yuan, or the equivalent of nearly $41,452.
|
|
May 05, 2024
Singapore Telecommunications has appointed Stephen Rue to lead its Australian telecom operations as part of efforts to rebuild the unit's reputation, which suffered because of a network outage that affected millions of its customers.
|
|
May 05, 2024
The spacecraft is set to take a crewed flight to the International Space Station after years of delays and falling behind SpaceX.
|
|
May 05, 2024
Godwin's move came months after a corporate restructuring that effectively stripped away much of her management autonomy.
|
|
May 05, 2024
Australia's major airline will pay a civil penalty of $66.1 million to resolve court proceedings with a regulator which alleged the airline had advertised tickets for more than 8,000 flights it had already canceled.
|
|
May 05, 2024
The proposed change could lift an income tax burden that wipes out most licensed marijuana retailers' earnings.
|
|
May 05, 2024
A study suggests that when jobs are hard to come by, the best workers are more available—and stay longer.
|
|
May 05, 2024
After years of price increases, food companies say more consumers pull back. Fast-food chains and snack makers plan new deals and flavors.
|
|
May 04, 2024
The Attic, near Pittsburgh, looked like it wasn't going to survive in the early 2000s. Now it sells all genres to customers young and old.
|
|
May 04, 2024
Problems with the technology are prompting companies including Target and Walmart to change their operations or ditch the stations.
|
|
May 04, 2024
The airplane maker and the firefighters' union have been wrestling for months over wages and staffing levels.
|
|
May 03, 2024
China dominates the market, but U.S. defense needs are pushing a revival effort after decades of deindustrialization.
|
|
May 03, 2024
The CEO is shifting the EV maker's strategy and suggesting that he could take his ideas on AI elsewhere.
|
|
May 03, 2024
The Canadian business-jet manufacturer said it plans to focus on three segments—defense, aftermarket services and selling pre-owned certified aircraft—as key pillars to grow its revenue and cash reserves in the coming years.
|
|
May 03, 2024
Apple — and investors — are looking to artificial intelligence to breathe new life into its offerings, particularly as iPhone sales continue to sputter.
|
|
May 03, 2024
The Treasury Department has extended eligibility for cars containing Chinese graphite through 2026.
|
|
May 03, 2024
Starting a new company with somebody requires a hard conversation. Better now than later.
|
|
May 03, 2024
The request signals that the agency is reviewing whether the deal could be anticompetitive under U.S. law.
|
|
May 03, 2024
Exxon Mobil has completed its $60 billion acquisition of rival Pioneer Natural Resources after reaching an agreement with antitrust regulators, closing out the largest oil-and-gas deal in decades.
|
|
May 03, 2024
Shares of Jean Paul Gaultier owner Puig rose sharply above the listing price on their trading debut in Spain after the world's biggest initial public offering so far this year.
|
|
May 03, 2024
The plane maker can't deliver enough 787 Dreamliners after sanctions disrupted production of heat exchangers.
|
|
May 03, 2024
Societe Generale's results were better than expected at the revenue and underlying profit levels and showed early recovery signs in French retail banking, analysts said.
|
|
May 03, 2024
Credit Agricole posted a rise in first-quarter earnings that beat expectations on revenue growth across all its businesses and said it would reach its medium-term targets by the end of this year.
|
|
May 03, 2024
Legrand posted lower profits for its first quarter following a slowdown in the construction sector, but confirmed its financial targets for the year.
|
|
May 03, 2024
Daimler Truck reported higher core profits in the first quarter, driven by gains in North America, and said it was on track to meet its financial targets for the year despite headwinds in Europe increasing.
|
|
May 03, 2024
Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.
|
|
May 02, 2024
The deal comes after their prior licensing contract expired, prompting Universal to pull all of its artists' songs off TikTok at the beginning of February.
|
|
May 02, 2024
The layoffs are expected to be smaller and more targeted than those in 2023.
|
|
May 02, 2024
The FTC alleges Scott Sheffield tried to coordinate on oil production and prices. The agency referred the case for a potential criminal probe.
|
|
May 02, 2024
Sony Pictures and Apollo Global Management have submitted an all-cash, $26 billion offer for Paramount Global, marking the second time the private-equity firm has come in with a bid for the entertainment giant.
|
|
May 02, 2024
ING shares rose after the Dutch lender said it plans to buy back up to €2.5 billion of shares and reported a first-quarter profit driven by income from fees and interest rates.
|
|
May 02, 2024
The fitness-equipment maker has warned of cash-flow issues and continued losses amid a decline in paying subscribers and a recall.
|
|
May 02, 2024
Novo Nordisk raised its full-year guidance to reflect better pricing in the U.S. and as global demand for its hit weight-loss and diabetes drugs continues to outstrip supply.
|
|
May 02, 2024
BYD, the world's largest electric-vehicle maker, paid a price for aggressively cutting prices on its cars, grinding revenue growth to a four-year low in the first quarter. But the bigger story is in its margins.
|
|
May 02, 2024
The government has referred 860,000 delinquent Covid loans for collection—tacking on billions of dollars in fees for small-business borrowers.
|
|
May 02, 2024
Carmaker plans to show off its automated vehicle this summer, but tech and regulatory hurdles remain before it can become reality.
|
|
May 02, 2024
The deal comes after the companies failed to reach an agreement, prompting Universal to pull all of its artists' songs off TikTok at the beginning of February.
|
|
May 02, 2024
Maersk raised the lower end of its full-year guidance despite expecting the overcapacity challenges that have plagued the industry to continue, potentially for the rest of the year.
|
|
May 02, 2024
Hugo Boss reported profit and revenue growth in the first quarter, helped by brand investment and efficiency gains, and confirmed its full-year targets.
|
|
May 02, 2024
Shell's first-quarter adjusted earnings fell by less than expected, and the oil major kicked off a share buyback as it hurried to close the valuation gap to its U.S. rivals.
|
|
May 02, 2024
Pandora raised its revenue guidance after reporting a market-beating result for the first quarter, and said the second quarter had got off to a healthy start with high single-digit like-for-like growth.
|
|
May 02, 2024
ArcelorMittal reported better-than-expected earnings for the first quarter after volumes and prices improved, but cautioned that economic sentiment remained subdued with no signs customers were restocking on inventories.
|
|
May 02, 2024
The Chinese electric-vehicle maker's shares are on track for their largest one-day gain in more than two years.
|
|
May 01, 2024
The chair of Rio Tinto declined to comment on whether the world's second-largest miner by market value is weighing a bid for Anglo American, the target of a recent $39 billion bid by BHP Group.
|
|
May 01, 2024
Antitrust enforcers are set to allege former Pioneer CEO Scott Sheffield discussed coordinating oil-production levels with other producers and OPEC.
|
|
May 01, 2024
Antitrust enforcers are set to allege former Pioneer CEO Scott Sheffield discussed coordinating oil-production levels with other producers and OPEC.
|
|
May 01, 2024
Emergent BioSolutions is closing several manufacturing facilities and cutting hundreds of jobs as part of a restructuring as the company narrows its focus on products, including Narcan nasal spray.
|
|
May 01, 2024
Restaurant chains outperforming their competitors seem to have one thing in common: keeping prices down.
|
|
May 01, 2024
As succession drama grips corners of the luxury world, Puig's decision to ban its next generation from working there is getting a favorable view ahead of its initial public offering.
|
|
