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

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

Ford Cuts Prices of EV Mustang Mach-E

Ford Cuts Prices of EV Mustang Mach-E

Business Move comes after Tesla slashed prices on a number of its models in the U.S.

China’s Top Nuclear-Weapons Lab Used American Computer Chips Decades After Ban

China’s Top Nuclear-Weapons Lab Used American Computer Chips Decades After Ban

WSJ News Exclusive China State-owned institute continued buying Intel- and Nvidia-made chips despite inclusion on a U.S. export blacklist in 1997

Chevron Rides High Oil Prices to Record $35.5 Billion Annual Profit – The Wall Street Journal

Chevron Rides High Oil Prices to Record .5 Billion Annual Profit – The Wall Street Journal

Chevron Rides High Oil Prices to Record $35.5 Billion Annual Profit  The Wall Street Journal Swimming in cash, Chevron plans a $75 billion slap in the face to drivers  CNN What Chevron’s $75 billion stock buyback plan suggests  CNBC Television Oil Majors Boost Buybacks as Russia, China Wildcards Weigh on Spending Plans  Bloomberg Chevron Falls After Posting Disappointing Quarterly … Read more

Meta Embraces AI as Facebook, Instagram Help Drive a Rebound

Meta Embraces AI as Facebook, Instagram Help Drive a Rebound

Days before Meta Platforms Inc.’s first ever mass layoffs in November, a senior executive shared some good news. The company’s short-form video product, Reels, was getting traction with users, and the threat posed by rival TikTok appeared to be easing. “Facebook engagement is stronger than people expected,” Tom Alison, head of Facebook, wrote in a … Read more

Guess Who’s Using Your Netflix Account? You Might Be Surprised.

Guess Who’s Using Your Netflix Account? You Might Be Surprised.

Martin Ringlein never shared his Netflix password with anyone. So he was shocked to find out that strangers had been using his account to watch movies and TV shows. One of them was the person who bought his Tesla about a year ago, Mr. Ringlein said. Others were guests at an Airbnb in Asheville, N.C., … Read more

CVS, Walmart to Cut Pharmacy Hours as Staffing Squeeze Continues – WSJ – The Wall Street Journal

CVS, Walmart to Cut Pharmacy Hours as Staffing Squeeze Continues – WSJ – The Wall Street Journal

CVS, Walmart to Cut Pharmacy Hours as Staffing Squeeze Continues – WSJ  The Wall Street Journal CVS pharmacy hours reduced amid staffing shortage among pharmacists  USA TODAY Walmart, CVS Health adjust pharmacy hours amid labor crunch  CNBC CVS, Walmart to cut pharmacy hours amid labor concerns (NYSE:CVS)  Seeking Alpha CVS and Walmart to cut pharmacy hours due to labor … Read more

Dow to Cut 2,000 Jobs Globally – WSJ – The Wall Street Journal

Dow to Cut 2,000 Jobs Globally – WSJ – The Wall Street Journal

Dow to Cut 2,000 Jobs Globally – WSJ  The Wall Street Journal Dow cutting about 2000 jobs, or 5% of workforce  Detroit News Dow is cutting about 2,000 jobs, or 5% of workforce  Fox 34 Dow to cut 2,000 jobs, plans to save $1B in costs  Fox Business Dow will eliminate 2,000 jobs world-wide, cut $1 billion in costs  Midland … Read more