NEW YORK — Macy’s reported a decline in profits and sales for its third quarter with…
Earnings
Losses in China lead to $5Bn charge for General Motors as it cuts assets value
DETROIT — The poor performance of General Motors’ Chinese joint ventures is forcing the company to…
AT&T sees earnings growth over 3 years; eyes $40B in anticipated shareholder returns
AT&T anticipates earnings growth over the next three years thanks to the momentum of 5G and…
Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock
OMAHA, Neb. — Warren Buffett is now sitting on more than $325 billion cash after continuing…
Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
LOS ANGELES — LOS ANGELES (AP) — Amazon reported a boost in its quarterly profits Thursday…
Security tech company Evolv investigates sales misconduct, warning recent financials are unreliable
NEW YORK — NEW YORK (AP) — Evolv is warning its shareholders to no longer rely…
Union Pacific’s profit grows 9% as the railroad delivers more but results fall short of Wall Street
OMAHA, Neb. — Union Pacific’s third quarter profit grew 9% as the railroad delivered 6% more…
Southwest Airlines revenue rises but Q3 profit falls by two-thirds on higher costs
DALLAS — Southwest Airlines’ third-quarter revenue rose to a record high but profit fell nearly two-thirds,…
Walgreens to close 1,200 US stores as chain attempts to steady operations at home
Walgreens will close about 1,200 locations over the next three years as the drugstore chain seeks…
China stocks sink as investors dump shares after recent rallies, while other Asian markets gain
HONG KONG — Stocks in China slumped on Wednesday, with Shanghai’s benchmark down 6.6% and Hong…