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Volkswagen Hit by Drop in Car Sales But Confirms Outlook
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Macy’s Reports Another Drop in Sales but Sees ‘Traction’ in Turnaround
The largest department store chain in the United States has not reported an increase in comparable-store sales since early 2022.The New York Times - Business -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - World -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - Business -
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales.CNBC - Business -
AstraZeneca kicks off ‘new era of growth’ with aim to hit $80 billion of sales by 2030
The Anglo-Swedish pharmaceutical company’s CEO Pascal Soriot said the announcement marks the start of a “new era of growth”MarketWatch - Business -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
Volkswagen-backed Chinese EV battery maker Gotion takes on rival CATL with superfast-charging LFP product
Yahoo News - World -
Investigation finds BMW, Jaguar Land Rover, Volkswagen bought parts linked to forced labor in China
Multiple major automakers relied on forced labor in China for some purchased parts, a Senate Finance Committee investigation found Monday. BMW, Jaguar Land Rover and Volkswagen purchased parts that were flagged by the U.S. government for links to ...The Hill - Politics - China -
Behind the wheel of a $3 million car
The Hennessey Venom F5 is not just a sports car; its twin turbo V8 engine can muster more than 1,800 horsepower, almost twice that of a Formula 1 racing car. And yes, you can drive it on the street, for the cool price of $3 million. Correspondent ...CBS News - Top stories -
Engie Backs Outlook Despite Dip in Earnings
Engie reaffirmed expectations for the year after core earnings fell slightly in the first quarter, driven by declines from its networks and global energy management and sales businesses.The Wall Street Journal - World
More from The Wall Street Journal
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Kate Middleton Favors This British Brand. Now It's Coming for Americans.
Smaller European companies are embracing the U.S. as online sales help pinpoint the most promising locations for stores.The Wall Street Journal - Business -
How Hard Should Tesla Fight for Elon Musk's Attention?
The June vote on the CEO’s 2018 pay package raises questions about what a board should do with a restless but valued leader.The Wall Street Journal - Business - Tesla -
With America Off-Limits, China EV Makers Aim to Conquer Rest of World
Carmakers in China are accelerating a sales push in Europe and Southeast Asia and are looking to produce more abroad.The Wall Street Journal - Business - China -
U.K. Chancellor, Jeff Zucker, Scott Galloway Appear at WSJ CEO Council
The Wall Street Journal is convening its annual CEO Council in London to discuss the forces shaping policy, business and the economy.The Wall Street Journal - Business - United Kingdom -
Disney Pares Streaming Losses; Shares Fall on Loss, Earnings Outlook
The entertainment giant added streaming customers as it swung to a loss as a result of a charge from an India media venture.The Wall Street Journal - Business