LONDON–Shell PLC became the latest oil giant to post record annual profit…
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Corporate/Industrial News
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Infineon profit nearly doubles as revenue climbs on strong demand for chips
Infineon Technologies AG on Thursday posted higher revenue and profit for its…
Meta stock spikes nearly 20% as cost cuts and $40 billion for investors overshadow earnings miss
Meta Platforms Inc. shares soared in after-hours trading Wednesday despite an earnings…
Amazon gets 3 more warehouse-safety citations as OSHA warns company to ‘take these injuries seriously’
The federal government on Wednesday hit Amazon.com Inc. with worker-safety related citations…
Intel cuts pay, bonuses and other benefits while maintaining dividend
Intel Corp. continues to cut costs for everything except payments to investors.…
Altria Beats Earnings Estimates, Unveils $1 Billion Stock Buyback
Marlboro maker Altria Group beat earnings and revenue estimates in the fourth…
Snap suffers worst sales growth yet in holiday quarter, stock plunges after earnings miss
Snap Inc. stumbled through another bleak quarter to end 2022 and executives…
AMD CEO promises to keep taking data-center from Intel even as cloud demand pauses following ‘strong’ 2022
Advanced Micro Devices Inc. shares rose in the extended session Tuesday after…
PayPal to lay off 7% of employees as part of cost-cutting push
PayPal Holdings Inc. plans to lay off about 7% of its staff…
These 20 stocks led the January rally
The initial version of this story had incorrect price changes for 2023.…
Biden to end U.S. COVID emergencies on May 11, but more than 500 people are still dying every day
President Joe Biden will end the twin national emergencies for addressing COVID-19…
U.S. employment costs slow again, but they’re still rising too fast to comfort Fed as inflation battle rages
The numbers: The employment cost index slowed at the end of 2022…
UBS posts better-than-expected profit, as wealth-management unit brings in $23.3 billion in new client money
UBS Group AG on Tuesday reported a surprise rise in fourth-quarter profit…
J&J Can’t Use Bankruptcy to Resolve Talc-Injury Lawsuits, Appeals Court Rules
A federal appeals court rejected Johnson & Johnson ‘s plan to use…
Pandemic is still a global health emergency but it may be reaching a point where higher immunity levels mean fewer deaths
The coronavirus pandemic is still a global health emergency, according to the…
Tesla, GM, Lucid, Alibaba, and More Stock Market Movers
This copy is for your personal, non-commercial use only. To order presentation-ready…
Philips says it will cut 6,000 extra jobs by 2025 as it swings to a loss
Royal Philips NV on Monday said it will cut an extra 6,000…
Philadelphia Eagles emerge as early Super Bowl favorites over Kansas City Chiefs
The Kansas City Chiefs were still celebrating on the field Sunday night…
How to pay for reparations in California? ‘Swollen’ wealth could replace ‘stolen’ wealth through taxes
The panel responsible for the nation’s first state-level exploration of reparations for…
Could Big Tech layoffs keep growing? Apple, Amazon, Facebook and Google may give hints in biggest week of earnings.
In the biggest week of the holiday-earnings season, Big Tech results will…