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 […]
Company Reports
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Back to news homeWall St. Pessimists Are Getting Used to Being Wrong
Beaten as they might be by the stock market’s rally, worriers on Wall Street still question how long it can last. Their numbers are shrinking, though.After starting the year with […]
Exxon Reports Leaner Earnings in Second Quarter
The NumbersExxon’s revenue declined in the latest quarter, to $82.9 billion from $115.7 billion a year earlier. The company reported earnings per share of $1.94, compared with $4.21 in the […]
Stock Markets Close Upbeat First Half, but Worries Linger
Stubbornly high inflation, a debt ceiling brawl, a brief banking crisis and the prospect of even higher interest rates: The past six months brought much to unsettle even the most […]
Twitter’s U.S. Ad Sales Plunge 59% as Woes Continue
Elon Musk recently said Twitter’s advertising business was on the upswing. “Almost all advertisers have come back,” he asserted, adding that the social media company could soon become profitable.But Twitter’s […]
Why Are Food Prices So High in Europe? Sugar, Cheese and Bread Costs Soar
Agricultural and energy costs are falling, but basic items remain stubbornly expensive for consumers.It is the most basic of staple food items: sliced white bread. In Britain, the average price […]
Companies Push Prices Higher, Protecting Profits but Adding to Inflation
The prices of oil, transportation, food ingredients and other raw materials have fallen in recent months as the shocks stemming from the pandemic and the war in Ukraine have faded. […]
Fox’s Costs From Defamation Suit Lead to a Quarterly Net Loss
Lachlan Murdoch, the executive chairman of the Fox Corporation, conceded on Tuesday that a Delaware judge’s pretrial rulings against the company “severely limited our defense at trial” and contributed to […]
After First Republic Collapse, Is the Worst of the Banking Crisis Over?
Is the worst of the banking crisis over? It may seem a strange question to pose so shortly after the collapse of First Republic Bank, the second-largest such failure in […]
First Republic Bank Is Seized by Regulators and Sold to JPMorgan Chase
Regulators seized control of First Republic Bank and sold it to JPMorgan Chase on Monday, a dramatic move aimed at curbing a two-month banking crisis that has rattled the financial […]