Business

A display for image sharing and social media service Pinterest is seen at the Collision conference in Toronto, Ontario, Canada June 23, 2022.Chris Helgren | ReutersPinterest shares plummeted in extended trading on Thursday after the company…

The New York Stock Exchange welcomes executives and guests of Roblox in celebration of its direct listing, March 10, 2021.NYSERoblox reported results for the fiscal fourth quarter Wednesday that beat consensus estimates on the top and…

A PayPal sign is seen at its headquarters in San Jose, California, on Jan. 30, 2024.Justin Sullivan | Getty Images News | Getty ImagesPayPal reported better-than-expected fourth-quarter results Wednesday, but issued guidance that was a bit…

LOS ANGELES — The Walt Disney Company reported better-than-expected fiscal first-quarter earnings on Wednesday as the media giant slashed costs while revenue stagnated. Disney said it is on pace to meet or exceed its goal of cutting costs…

Arm makes the CPU architecture for chips found in nearly all smartphones. An Arm chip is shown here in San Jose, California, on October 12, 2023.Sydney BoyoArm reported fiscal third-quarter earnings that beat estimates and gave a strong…

KFC and Taco Bell restaurants along 118th Avenue in Edmonton, on January 21, 2024, in Edmonton, Alberta, Canada.Artur Widak | Nurphoto | Getty ImagesYum Brands on Wednesday reported quarterly earnings and revenue that missed analysts'…

Uber CEO Dara Khosrowshahi looks on during the APEC CEO Summit at Moscone West on November 15, 2023 in San Francisco, California.Justin Sullivan | Getty ImagesUber reported fourth-quarter results Wednesday that beat analysts' estimates on…

The New York Stock Exchange welcomes executives and guests of Roblox in celebration of its direct listing, March 10, 2021.NYSERoblox reported results for the fiscal fourth quarter on Wednesday that beat consensus estimates on the top and…

CVS Health on Wednesday reported fourth-quarter revenue and adjusted earnings that topped expectations, but the company cut its full-year profit outlook, citing higher medical costs that are dogging the broader insurance industry.The…

Alibaba is operating in Suqian City, Jiangsu Province, China, on December 29, 2023.Costfoto | Nurphoto | Getty ImagesShares of Alibaba jumped in premarket trade, as the company missed market expectations for revenue in the December quarter,…

Siemens Energy site in Muelheim an der Ruhr, Germany, August 3, 2022.Wolfgang Rattay | ReutersSiemens Energy swung to profit in its first fiscal quarter on the back of a surge in orders and a one-off gain from selling a stake in its Indian…

A mosaic collection of world currencies.FrankvandenBergh | E+ | Getty ImagesThe world is looking at a debt crisis that will span the next 10 years and it's not going to end well, economist Arthur Laffer has warned, with global borrowings…

E.l.f. Beauty, the viral cosmetics brand beloved by young consumers, raised its guidance for the third time in a row on Tuesday after it posted 85% sales growth during its holiday quarter.The company saw torrid revenue growth even as it…

Ford CEO Jim Farley poses for a photo before announcing at a press conference that Ford Motor Company will be partnering with the world's largest battery company, China-based Contemporary Amperex Technology, to create an electric vehicle…

Snap Inc. co-founder and CEO Evan Spiegel speaks during the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris, June 17, 2022.Benoit Tessier | ReutersSnap on Tuesday…

People visit a Chipotle restaurant in Miami on Feb. 9, 2022.Joe Raedle | Getty ImagesChipotle Mexican Grill on Tuesday posted quarterly earnings and revenue that beat analysts' expectations as more customers visited its restaurants.Shares…

Patrick Spence, president and chief executive officer of Sonos Inc., speaks during a Bloomberg Technology Television interview in San Francisco, California, U.S., on Monday, Feb. 11, 2019.David Paul Morris | Bloomberg | Getty ImagesSonos…

Epoxydude | Fstop | Getty ImagesCredit card delinquencies surged more than 50% in 2023 as total consumer debt swelled to $17.5 trillion, the New York Federal Reserve reported Tuesday.Debt that has transitioned into "serious delinquency," or…

An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, U.S., December 11, 2023. Brendan McDermid | ReutersEli Lilly on Tuesday reported fourth-quarter revenue and adjusted earnings that topped…

Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda.Charly Triballeau | AFP | Getty ImagesNintendo said on Tuesday it now expects to sell 15.5 million of…

Fabrice Coffrini | Afp | Getty ImagesSwiss banking giant UBS on Tuesday narrowly beat fourth-quarter earnings expectations and announced that it would recommence share buybacks worth up to $1 billion in the second half of the year.The group…

BP in 2020 set out its ambition to become a net zero company "by 2050 or sooner."Matt Cardy | Getty Images News | Getty ImagesShares of BP rose 5% on Tuesday after the oil giant accelerated the pace of its buybacks and increased its…

Palantir co-founder and CEO Alex Karp arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in Washington, DC, on September 13, 2023. Stefani Reynolds | AFP | Getty ImagesPalantir reported…

Newly appointed Governor of Turkish Central Bank, Fatih Karahan is seen in Ankara, Turkey on February 04, 2024. Emin Sansar | Anadolu | Getty ImagesTurkey's newly appointed central bank governor Fatih Karahan has his work cut out for him,…

Elevated shipping costs as a result of ongoing tensions in the Red Sea could impede the global fight against inflation, the Organisation for Economic Co-operation and Development said Monday.The Paris-based group estimates that the recent…

Visitors are attending a New Year event held by McDonald's in Shanghai, China, on January 25, 2024. Costfoto | Nurphoto | Getty ImagesMcDonald's is expected to report its fourth-quarter earnings before the bell on Monday.Here's what Wall…

Delivery Hero CEO Niklas Östberg speaking at the Noah tech conference in Berlin on June 13, 2019.Krisztian Bocsi | Bloomberg via Getty ImagesDelivery Hero shares sank Monday morning, extending losses from last week, as investors reacted to…

President of Turkey Recep Erdogan addresses journalists during the final national press conference during the high level NATO summit in Litexpo Conference Centre in Vilnius, Lithuania on July 12, 2023.Dominika Zarzycka | Nurphoto | Getty…

Fs Productions | Tetra Images | Getty ImagesBlack men lost ground in the workforce last month, marking a continuation of the disparities that have permeated the U.S. labor market.Black men who were at least 20 years old saw an unemployment…

Job growth posted a surprisingly strong increase in January, demonstrating again that the U.S. labor market is solid and poised to support broader economic growth.Nonfarm payrolls expanded by 353,000 for the month, much better than the Dow…