Adidas confirmed its preliminary second-quarter figures and backed its sales and earnings guidance for the year thanks to positive momentum driven by footwear, and said […]
Category: Business
GSK Lifts Outlook as Earnings Rise
GSK raised its full-year guidance after second quarter core earnings rose 13%, helped by higher sales in oncology, HIV and its general medicines portfolio.
Lufthansa Remains Cautious as Profits Fall
Lufthansa reported lower second-quarter earnings and repeated its warning that challenges to its flagship airline would continue to weigh on its results going forward.
Rio Tinto Won’t End Dual Listing After Investor Call to Leave London
Rio Tinto won’t scrap its dual listing in London and Sydney, concluding that doing so would destroy value for shareholders, the chief executive of the […]
Delta CEO Says CrowdStrike Tech Outage Costs Could Reach $500 Million
The airline canceled thousands of flights over several days in July.
Boeing Hires Aerospace Veteran Kelly Ortberg as Its Next CEO
Ortberg previously ran one of Boeing’s big suppliers, Rockwell Collins, and he worked closely with airlines and the Pentagon, before retiring in 2021.
Inside the WSJ’s Investigation of Tesla’s Autopilot Crash Risks
The Wall Street Journal undertook a comprehensive analysis of crash data, uncovering previously obscured details by combining heavily redacted federal filings with local police records.
Norah O’Donnell to Step Down as ‘CBS Evening News’ Anchor After 2024 Election
The veteran journalist says she plans to stay at the network in a new role.
Microsoft Stock Drops After Slight Miss in Cloud Growth
Sales for Microsoft’s main cloud business fell just short of expectations last quarter, causing the tech giant’s stock to tumble during after-hours trading amid investor […]
Starbucks Seeks Turnaround as Sales Cool
The world’s largest coffee chain said Tuesday that its U.S. same-store sales declined 2% for its June quarter, the second consecutive decline in the key […]