The company’s performance renewed questions about whether “gig economy” businesses can turn a profit.
The gaming console, coming out in its latest version on Thursday, has become the Japanese giant’s centerpiece product.
In 10 years running Mastercard, Ajay Banga has favored a forward-looking approach.
For the first time, the publisher brings in more revenue from online readers than its print subscribers.
Gilead Sciences said Wednesday that remdesivir, which has been authorized for emergency use since the spring, brought in $873 million in revenues so far this year.
Amazon, Apple, Facebook and Alphabet reported the latest in a string of enormous quarterly profits on Thursday.
Mr. Black, the billionaire chief executive of Apollo Global Management, said others’ continued association with Mr. Epstein had given him “misplaced comfort” in doing business with him.
The deal would broaden A.M.D.’s business into chips for markets like 5G communications and automotive electronics.
About 27,000 bikes were affected by the recall, according to the U.S. Consumer Product Safety Commission.
The data storage company is among several prominent start-ups going public this year as the tech industry thrives in the pandemic.
The Silicon Valley company could be the next in a string of tech outfits to go public long before they have turned a profit.
The coronavirus pandemic took a major toll on the oil giant’s earnings, but Aramco will maintain its hefty dividend for shareholders.
Berkshire reported earnings of $26.4 billion in the second quarter, a turnaround from its $49.7 billion loss in the first quarter, when the pandemic caused a plunge in the stock market.
Uber said revenue fell 29 percent in the second quarter because people traveled less, but food deliveries soared.
Consumers are probably entitled to millions of dollars in rebates under Obamacare rules that cap companies’ profits.
The pandemic squeezed advertising for the web as well as print, but subscription growth was the best ever for a quarter.
In 2019, the Trump Organization showed improvement over the previous year. But the company’s minimum reported revenues still fell short of the president’s first year in office, his new financial disclosure shows.
Big tech companies reported bumper profits in the shadow of congressional scrutiny over their outsize market power.
Even though the tech industry’s four biggest companies were stung by a slowdown in spending, they reported a combined $28 billion in profits on Thursday.
The bosses of four tech giants are preparing to defend themselves at a congressional hearing against claims of anti-competitive behavior.
The marketing business is going through a period of innovation as it sheds workers and tries to hold on to clients.
The result was achieved “despite tremendous difficulties,” said the chief executive, Elon Musk, including a plant shutdown and lower sales.
With a $5 billion play for Noble Energy, the oil giant is set to acquire properties around the world for a relative bargain. Other companies might make similar moves.
JPMorgan Chase, Citigroup and Wells Fargo said that as long as the economy behaved according to their forecasts, they were braced for more pandemic-induced pain.
The electric carmaker’s deliveries fell as people around the world were forced to stay home by government orders and fears over the coronavirus pandemic. But the decline was far smaller than for other automakers.
The company, which has said it could file for bankruptcy protection, helped turn the U.S. into a gas exporter but became known for an illegal scheme to suppress the price of oil and gas leases.
First-quarter profits shrank at the fastest rate in over a decade. Analysts don’t like what they see coming down the pike. Investors keep pushing stocks higher.
Some who rent space from the troubled company say it has not been generous with them even as it seeks concessions from building owners.
Lyft, Uber and Airbnb depend on travel, vacations and gatherings. That’s a problem when much of the world is staying home.
With soup and vegetables flying off supermarket shelves to feed a shut-in nation, canneries are bustling — and they really need metal containers.
Widespread interest in coronavirus coverage drew nearly 600,000 digital subscribers during three months of 2020. But the chief executive, Mark Thompson, gave a bleak forecast for ads.
With gyms closed and nowhere to go, more people are shelling out $2,245 for the workout bike.
While the pandemic has made it hard to offer forecasts, some corporate leaders said things might be getting a little better — or at least no worse.
Unlike his spending spree during the 2008 financial crisis, the Berkshire Hathaway chief is keeping his wallet closed.
The huge loss reflects the hit that the crisis has inflicted on Warren E. Buffett’s vast conglomerate.
The implosion of a Chinese competitor to Starbucks has bolstered the cause of American politicians aiming to stop opaque Chinese companies from raising money in the U.S.
The company reported rising revenue and profit in the first quarter and said it was also saving on expenses.
Europe’s giant plane maker, thriving just months ago, is now warning of the “gravest crisis.”
The company, which saw sales plunge in the first quarter, said air travel might not recover for years.
The streaming giant added nearly 16 million new subscribers in the first three months of the year.
After a swift rally, the market remains in limbo and investors are struggling to determine whether it’s a good time to buy stocks.
First-quarter earnings reports from JPMorgan Chase and Wells Fargo showed the country’s largest banks were preparing for customer pain.
Though ad sales at the two companies are expected to be down, they are likely to fare better than smaller peers and publishers.
The quarterly parade of corporate earnings and management comments could reveal how much damage the pandemic will do and how long the pain will last.