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China's Top Oil Companies Turn in Mixed Results Amid Weak Demand
State-controlled producer PetroChina posted lower profit and revenue, rounding out mixed results for the country’s big three oil companies.Business - The Wall Street Journal - Yesterday -
Phone companies should do more to prevent robocalls and texts, report says
While scam phone calls have slightly decreased in the last three years, scam texts have tripled. A consumer report found that phone companies need to do more to prevent robocalls and texts for ...Top stories - CBS News - Yesterday -
Billions in taxes hang in balance for US companies as election nears
Research shows Trump’s tax cuts led to expanded corporate investment — and a spike in share buybacksWorld - Financial Times - Yesterday -
Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - 18 hours ago -
Why GitHub’s Deal With Anthropic and Google Will Help Your Company’s Coders
GitHub is already a useful time-saving tool for developers, but with new AI powers injected from Google and Anthropic, it’s getting even smarter—and highlighting the future of writing code.Business - Inc. - 19 hours ago -
Ghost jobs: why do 40% of companies advertise positions that don’t exist?
A survey has revealed that the practice is widespread, with many companies going as far as fake-interviewing too. Name: Ghost jobs.. Age: Old, but increasingly common. Continue reading...World - The Guardian - 18 hours ago -
How Mark Douglas Decides It’s Time for a Company to Take Its Next Steps
MNTN’s president and CEO finds passionate customers can help bring companies to the next level.Business - Inc. - 17 hours ago -
Reddit shares soar after company turns first-ever profit
Monthly users rose by nearly half thanks to AI translation feature, and deals for AI training with Google and OpenAI boosted revenue. Reddit on Tuesday reported a quarterly profit for the first ...World - The Guardian - 18 hours ago -
Companies are increasingly talking about tariffs as Election Day nears
Republican presidential nominee Donald Trump described “tariff” as his favorite word earlier this month, and it’s increasingly a word that’s coming up in S&P 500 companies’ quarterly earnings ...Business - MarketWatch - 34 minutes ago -
Roku’s stock sinks after streaming company posts another quarterly loss
Roku Inc.’s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.Business - MarketWatch - 9 hours ago -
EBay stock sinks after lackluster Q4 guidance, election distraction
EBay reported better-than-expected earnings for the third quarter, but the results were overshadowed by a disappointing forecast for the current period.Business - CNBC - 11 hours ago -
Robinhood earnings disappoint Wall Street despite company’s upward trajectory
The online brokerage’s third-quarter earnings missed analyst forecasts for both revenue and earnings per share.Business - MarketWatch - 9 hours ago -
Chinese smartphone company Honor gets new investors as it gears up for IPO
Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering.Business - CNBC - 7 hours ago -
Jack Dorsey's payments company Block expands corporate card service to the UK
Block, the payments company owned by tech billionaire Jack Dorsey, has launched its corporate card service in the U.K.Business - CNBC - 2 hours ago -
Simu Liu criticizes Canadian boba tea company over concerns of cultural appropriation
Actor Simu Liu blasted a pair of Quebec entrepreneurs last week who went on Canada’s version of “Shark Tank” to pitch a drink they say has “transformed” boba tea.Top stories - NBC News - October 13 -
U.S. companies reassert their dominance of Fortune Global 500 ranks vs. rival China
A dramatic turnaround since 2022 represents both China’s struggles and robust performance from U.S. companies.Business - MarketWatch - October 15 -
Longboard Pharmaceuticals’ stock soars amid Lundbeck’s $2.6 billion deal to acquire the company
H. Lundbeck plans to acquire Longboard Pharmaceuticals in a $2.6 billion deal, the companies announced Monday.Business - MarketWatch - October 14 -
Junk-rated companies face record refinancing needs above $2 trillion through 2029, Moody’s says
Barring an economic slowdown, market conditions are still favorable, with interest rates expected to continue to come down and investors expected to be receptive to credit marketsBusiness - MarketWatch - October 14 -
Ranking worst quarterback contracts in NFL today: Deshaun Watson sits atop list, but Browns bust has company
These are the seven-worst quarterback contracts in football right nowSports - CBS Sports - October 14 -
Boeing’s Woes Mount, as Debt, Minimal Income, and a Hardening Strike Risk Bankrupting Company
Boeing announces layoffs and aircraft delays to cut costs, even as it continues racking up billions in losses from a month-long strike becoming more bitter each day.Business - Inc. - October 14 -
IRS ruling on 401(k) company matches could open doors to pay off debt
A new Internal Revenue Service ruling on 401(k) company matches could change the way employees apply the contributions made by their employers. CBS News senior business and technology correspondent ...Top stories - CBS News - October 14 -
Boeing’s bonds signal view that company has bought time with credit-raters to avoid slide to junk
Boeing Co., under pressure to boost liquidity, filed a $25 billion shelf registration Tuesday to offer equity or debt over the next three years and announced a new credit agreement with lenders.Business - MarketWatch - October 16 -
Walgreens’ stock has best day in 16 years as company plans to close 1,200 stores
Walgreens’ stock has been hammered this year as consumer shopping patterns have changed, but its CEO says store closures “will realign our footprint to a healthier store base.”Business - MarketWatch - October 15 -
UK water companies face struggle to raise equity without bill hikes, Moody’s warns
Sector suffering ‘diminishing investor confidence’ while needing major investment, says rating agencyWorld - Financial Times - October 15 -
ASML share plunge wipes over $50 billion off Dutch chip giant's value
ASML published its third-quarter earnings Tuesday, a day earlier than expected.Business - CNBC - October 16 -
Here's an earnings homework checklist so you can be ready when your companies report
You never want to be playing catch-up in real time while trying to make important buy, sell, or hold decisions.Business - CNBC - October 15 -
This Latina Founder Raised $35 Million to Reach Hispanic Audiences. Today, Her Company Is Among the Fastest-Growing in the Country
Canela Media landed on the Inc. 5000 list earlier this year thanks to the grit and vision of CEO Isabel Rafferty Zavala.Business - Inc. - October 15