Uber Posts First Operating Profit as Ridership Hits New Record
Uber Technologies Inc. reported its first-ever operating profit, fueled by demand for rides and delivery and marking a
2023-08-01 21:17
CVS to Cut 5,000 Positions in Cost-Reduction Effort
CVS Health Corp. will cut 5,000 positions from its workforce to help reduce costs as the drugstore chain
2023-08-01 20:59
Pfizer Misses Quarterly Sales Estimates, Lowering Outlook
Pfizer Inc. missed revenue estimates for the second quarter as sales of its Covid pill fell drastically short
2023-08-01 19:25
Merck Raises 2023 Sales Forecast as Cancer Drug Keytruda, Gardasil Vaccine Surge
Merck & Co.’s Keytruda and Gardasil soundly beat analysts’ estimates for quarterly sales, driving the company’s annual revenue
2023-08-01 18:56
Wall Street Economists Are Looking at a September Rate Pause
Federal Reserve Chair Jerome Powell has left the door open to another interest-rate hike, but Wall Street economists
2023-08-01 17:21
Russia Says Ukrainian Drone Hit Moscow Tower Again in Attack
Russia’s Defense Ministry said it shot down two Ukrainian drones over Moscow region early Tuesday and electronically jammed
2023-08-01 17:15
A New Big Bull on Wall Street Sees S&P 500 at Record by Year-End
The S&P 500 received its most bullish outlook yet from Oppenheimer Asset Management, which sees further upside for
2023-08-01 15:51
Diageo Shares Rise as Distiller Passes Higher Costs to Customers
Diageo Plc shares rose after the world’s largest distiller said consumers remain resilient and that it’s been able
2023-08-01 15:45
CVS to Cut About 5,000 Jobs in Cost-Reduction Push, WSJ Reports
CVS Health Corp. said it would cut about 5,000 jobs to help reduce costs, with most of the
2023-08-01 11:29
FTX Draft Bankruptcy Plan Calls for Cash Repayment, FTT Wipeout
FTX Group unveiled a draft creditor-repayment plan as part of its bankruptcy that calls for settling customer claims
2023-08-01 11:23
China’s Home Sales Drop Most in a Year as Slowdown Worsens
China’s home sales tumbled the most in a year in July, underscoring why policy makers are seeking to
2023-08-01 09:22
Country Garden Faces $2.9 Billion of Bond Payments as Woes Mount
Country Garden Holdings Co. faces $2.9 billion in bond payments for the rest of the year, with the
2023-08-01 08:57