Amazon Stock Falls on Mixed Earnings Report and Weak Forecast. AWS Missed Too.

Amazon Stock Falls on Mixed Earnings Report and Weak Forecast. AWS Missed Too.

Text size Investors are looking for evidence that Amazon.com is made progress on its push to rein in costs. David Ryder/Bloomberg Amazon . com shares were falling in late trading Thursday after the company posted mixed results for the fourth quarter, with better-than-expected sales growth, but weaker-than-anticipated profits, due largely to a loss on the company’s … Read more

Meta Platforms Shares Surge on Cost Cuts, Stock Buyback

Meta Platforms Shares Surge on Cost Cuts, Stock Buyback

Business Shares of social-media company are on pace for largest percentage increase in nearly a decade

Apple Stock Typically Gains After Earnings. That Could Change This Time.

Apple Stock Typically Gains After Earnings. That Could Change This Time.

Text size Apple reports earnings after the markets close on Thursday. Getty Images Apple reports earnings after the markets close Thursday, and after a quarter of problems for the tech company, investors may be concerned that the stock won’t perform as well as it has in the past. On average since 2007, the year the … Read more

FTC Loses Antitrust Challenge to Facebook Parent Meta

FTC Loses Antitrust Challenge to Facebook Parent Meta

Tech Judge denies agency’s request for injunction blocking Meta’s proposed acquisition of virtual-reality startup

Musical Composer Ted Shen to Auction a $10-Million Collection of Modern American Art

Musical Composer Ted Shen to Auction a -Million Collection of Modern American Art

Stuart Davis’s Wharf Courtesy of Christie’s Text size Musical composer and philanthropist Ted Shen will sell 25 pieces from his early modern American art collection—estimated to be worth US$10 million—at Christie’s in New York this April. Shen, who has been focusing on musical theater writing after retiring as an investment bank executive in 1999, assembled … Read more

Bed Bath & Beyond Misses Interest Payments as It Weighs Chapter 11

Bed Bath & Beyond Misses Interest Payments as It Weighs Chapter 11

Bed Bath & Beyond Inc. missed interest payments on its bonds, a week after its bank lenders sent the company a default notice because it was overdrawn on its credit lines. The home-goods retailer failed to pay more than $28 million on three tranches of notes totaling roughly $1.2 billion due on Feb. 1, a spokeswoman … Read more

Airbus Revives Order From Qatar Airways Following Paint-Dispute Settlement – WSJ – The Wall Street Journal

Airbus Revives Order From Qatar Airways Following Paint-Dispute Settlement – WSJ – The Wall Street Journal

Airbus Revives Order From Qatar Airways Following Paint-Dispute Settlement – WSJ  The Wall Street Journal Qatar Airways & Airbus Reach A350 Settlement  One Mile at a Time Breaking: Airbus & Qatar Airways Settle Airbus A350 Legal Drama  Simple Flying Airbus and Qatar Airways settle A350 row, resume business  Reuters Qatar A350 and A321neo orders to be reinstated as part … Read more

McDonald's Sales Boosted by Adult Happy Meals, Price Increases – The Wall Street Journal

McDonald's Sales Boosted by Adult Happy Meals, Price Increases – The Wall Street Journal

McDonald’s Sales Boosted by Adult Happy Meals, Price Increases  The Wall Street Journal McDonald’s profit grows as inflation-weary customers flock to its restaurants  CNBC McDonald’s tops Q4 earnings, U.S. same-store sales up 10.3%  Yahoo Finance McDonald’s Q4 earnings beat estimates, boosted by higher menu prices, digital sales  Yahoo Finance Adult Happy Meals, McRib, feed McDonald’s sales in Q4  ABC News … Read more

Pfizer Falls on Downbeat Guidance as Company Braces for Covid Vaccine Drop-Off

Pfizer Falls on Downbeat Guidance as Company Braces for Covid Vaccine Drop-Off

Text size Pfizer said it expects Covid-19 vaccine sales to drop to $13.5 billion in 2023. Mario Tama/Getty Images Pfizer on Tuesday laid out guidance for the 2023 fiscal year well below Wall Street consensus figures, tempering investor expectations ahead of what it expects to be a steep drop in Covid-19 product sales. Shares fell … Read more