Dow Jones Newswires: AB InBev profit slips despite 11% bump in organic sales
The brewer--whose brands include Stella Artois and Budweiser--made net profit of $1.60 billion in Q2 compared with $1.86 billion for same period a year earlier.
The brewer--whose brands include Stella Artois and Budweiser--made net profit of $1.60 billion in Q2 compared with $1.86 billion for same period a year earlier.
The Fed delivered a widely-expected 75 basis-point increase to a key benchmark on Wednesday.
You have options, but understand the tax issues.
Chicagoans are hopeful that buzzy streamer "The Bear" may once and for all 86 a touristy obsession with deep-dish pizza as the city's culinary must.
Bank of Japan Deputy Gov. Masayoshi Amamiya on Thursday renewed his promise to continue easy monetary policy, saying Japan's economic recovery isn't firm enough yet.
Shares of Coursera Inc. were tumbling nearly 30% in after-hours trading Wednesday after the company, which operates a platform for online courses, delivered a lower-than-expected revenue forecast for the year.
Shares of Teladoc Inc. plunged more than 24% in after-hours trading Thursday after the telehealth company took another multibillion-dollar impairment charge, helping to bring its total losses for the first six months of the year up to nearly $10 billion.
By putting the algorithm in charge of Facebook to mimic TikTok, its totalitarian leader endangers the lifeblood of Meta and may be risking the type of downward spiral that has already seen popular Silicon Valley web portals fall apart
ServiceNow Inc.’s stock dipped 7% in extended trading Wednesday after the software company reported fiscal second-quarter revenue fell short of Wall Street analysts' forecasts.
Lam Research Corp. fell in the extended session Wednesday after the semiconductor-making-equipment supplier beat on earnings and forecast a likely beat in the current quarter amid continuing supply constraints.
The end of a boom in personal-computer sales is landing on Best Buy Inc.'s financial statements.
Meta reported its first-ever year-over-year decline in revenue on Wednesday, and profit declined for a third consecutive quarter, the first time that has happened since Facebook's first year as a public company, in 2012.
The market reacted as if Powell was dovish, but Fed watchers think he was hawkish, or at best, less hawkish.
Twitter is looking at potential cuts to its large San Francisco office footprint, leaving a bigger $9 billion question hanging over the city's property market.
Lower-skilled workers in jobs that have experienced a labor shortage will likely have an extra layer of protection if the economy slows down.
Spirit Airlines Inc. said late Wednesday it has ended its merger agreement with Frontier Group Holdings Inc. and will continue discussions with JetBlue Airways Corp.
Ford Motor Co. late Wednesday reported second-quarter earnings that blew past Wall Street expectations and sent the stock soaring more than 5% in after-hours trading.
The online marketplace company cited the impact of macro headwinds that include pressures on consumer discretionary spending, reopening, foreign exchange rate volatility, and ongoing geopolitical uncertainty.
Qualcomm Inc. shares fell in the extended session Wednesday after the chip maker lowered its forecast because of weakening handset sales, the company's largest business segment, but focused on the long term with an extended deal with Samsung Electronics Co.
The television legend marked his 100th birthday by offering thoughts on his bigoted but beloved character.
Fitness franchisor F45 Training Holdings Inc. saw its shares nosedive 61.5% in Wednesday trading after the company announced the departure of its chief executive and founder Adam Gilchrist; a 45% workforce reduction, equal to 110 layoffs; and a sharp reduction in the number of new franchises and studios expected in 2022. Ben Coates, an independent director, will serve as interim CEO while a permanent replacement is found. Gilchrist will continue to serve as a director on the board. A new board chair will be determined. Читать дальше...
After extensive negotiations, key Democratic Sen. Joe Manchin of West Virginia on Wednesday said he has reached a deal with Senate Majority Leader Chuck Schumer, the New York Democrat, on an Inflation Reduction Act of 2022. "Rather than risking more inflation with trillions in new spending, this bill will cut the inflation taxes Americans are paying, lower the cost of health insurance and prescription drugs, and ensure our country invests in the energy security and climate change solutions we... Читать дальше...
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