When Country Garden, the biggest developer in China’s increasingly troubled real estate sector, published its annual report in April, the cover design exuded hope: a phoenix spreading its wings.The company […]
Company Reports
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Back to news homeU.S. Consumers Are Showing Signs of Stress, Retailers Say
Consumers power the U.S. economy, and their capacity to spend has repeatedly defied predictions. In early 2020, after a short but severe recession caused by the pandemic, consumers splurged on […]
Walmart Draws More Shoppers, Helping to Bolster the Economy
Walmart, the largest retailer in the United States, on Thursday reported stronger-than-expected growth in sales and profit as it attracted more shoppers willing to open their wallets, a sign that […]
Target’s Sales Hit by Pride Month Merchandise Backlash
Target on Wednesday said its sales declined in the second quarter, which a period in which the retailer faced boycotts and right-wing backlash over its Pride Month collection. The company […]
For Disney, Streaming Losses and TV’s Decline Are a One-Two Punch
Robert A. Iger’s urgent need to overhaul Disney — to turn its streaming division into a profitable enterprise and pull back on its troubled traditional television business — came into […]
Saudi Aramco Reports $30 Billion in Profit for Latest Quarter
The Numbers: Profits that rise and fall with oil prices.Major energy companies have been reporting reduced profits, largely because the price of oil has fallen since last year. In the […]
Big Tech Rebounds and Preps for Transformative A.I. Investments
A year ago, the tech industry’s prospects looked bleak. Google’s profit dropped. Shares of Facebook’s parent company, Meta, were in free fall. Business growth at Amazon had slowed to its […]
Fall in Bud Light Sales Puts Dent in Anheuser-Busch’s Earnings
Anheuser-Busch InBev, the global beer-making giant, on Thursday reported a sharp drop in sales and profit in the United States, as it counted the cost of a conservative-led boycott of […]
BP Reports Sharply Lower Earnings as Oil Prices Slide
Behind the NumbersThe sharp drop was largely due to lower prices for the oil and natural gas that the company produces and sells. Energy prices soared in the previous spring […]
Uber Posts 14% Rise in Revenue as Growth Slows
Uber’s revenue increased 14 percent in its most recent quarter, the company reported on Tuesday, but the growth was its slowest since the coronavirus pandemic began easing last year.The San […]