Sales
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Business
Retailers Wary of Squeeze on Shoppers Ahead of Key Holiday Season
Consumers have bucked expectations despite high inflation and interest rates, but retailers worry whether they can keep it up through…
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Technology
Microsoft’s A.I. Investment Stabilizes Its Cloud Business
Revenue increased 13 percent in the latest quarter compared with a year earlier. Profit rose 27 percent.
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News
Middle East War Adds to Surge in International Arms Sales
Just days after the assault by Hamas ignited a new war in the Middle East, shipments of American weapons began…
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Technology
Apple Revenue Drops 1% but Tops Wall Street Expectations
The iPhone maker’s recent quarter benefited from strong sales in its App Store and other services businesses.
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Business
Ford’s U.S. Sales Rose 10% in the Second Quarter
The automaker saw a big jump in deliveries of pickup trucks as demand from consumers and businesses remained strong.
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Business
G.M.’s Profits Fell 18.5 Percent in the First Quarter
The decline over the first three months of 2022 was primarily the result of the short-term costs of job cuts…
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Business
Microsoft Revenue Up 2 Percent, but Profit Drops 12 Percent
The company, which announced plans to lay off 10,000 workers last week, had warned that is was facing a significant…
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Business
Live Nation Faces a Skeptical Senate
The company’s grip on ticket sales, and its move last year to cancel sales for Taylor Swift’s upcoming tour, will…
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Business
Procter & Gamble Sales Fall for First Time in Years as Inflation Squeezes Shoppers
The consumer goods giant, which makes Tide detergent and Charmin toilet paper, raised prices 10 percent last quarter, but a…
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Business
Retail Sales Fell in November, Despite Black Friday
With food and gas prices still high, U.S. shoppers were more reluctant to spend on more discretionary items as the…