Business Archives - Page 4 of 92

Boeing strike will dent last jobs report before election

Boeing workers gather on a picket line near the entrance to a Boeing facility during an ongoing strike on October 24, 2024 in...

Bristol Myers Squibb tops earnings estimates and hikes outlook, helped by Eliquis and new drugs

The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, US, on Wednesday, Dec. 27, 2023. Adam Glanzman | Bloomberg...

Comcast is exploring separation of cable networks business

Comcast is exploring a separation of its cable networks business, President Mike Cavanagh said Thursday.During the company's third-quarter earnings call with investors, Cavanagh...

Dodge maker Stellantis posts 27% drop in revenues, flags progress in slashing U.S. inventories

Stellantis worker at work inside of the new Hybrid and PHEV Vehicles Stellantis Group eDCT Assembly Plant on April 10, 2024 in Turin,...

Oil giant Shell posts $6 billion profit beat, launches new share buyback program

The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024.Matt Cardy | Getty Images News...

Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall

The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024.Spencer Platt | Getty ImagesMerck on Thursday...

Comcast tops earnings estimates as Olympics propel the company

Comcast beat third-quarter earning expectations on Thursday, as the Summer Olympics in Paris boosted NBCUniversal's revenue and Peacock's subscriber count. Shares of Comcast gained...

UK businesses warn Labour government’s tax-raising budget will hurt hiring and boost inflation

Rachel Reeves, UK chancellor of the exchequer, outside 11 Downing Street ahead of presenting her budget to parliament in London, UK, on Wednesday,...

7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain

Brian Niccols, CEO of Starbucks, speaking with CNBC on Oct. 31st, 2024. CNBCStarbucks CEO Brian Niccol shared more details about the company's turnaround strategy...

Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter

Brian Niccol speaking on CNBC's "Squawk Box" on Oct. 30, 2018.Anjali Sundaram | CNBCStarbucks on Wednesday reported quarterly earnings and revenue that missed...

Starbucks will discontinue Oleato olive oil drinks at U.S. cafes in early November

Starbucks' Oleato coffee beverages.StarbucksStarbucks' controversial line of olive oil-infused drinks will leave U.S. stores in early November.The decision to remove the Oleato drinks...

Starbucks will stop charging extra for dairy alternatives

Starbucks offers oat milk as a dairy-free option.Source: StarbucksStarbucks said Wednesday that it will remove the surcharge for dairy substitutes, saving some U.S....

How Hermès is bucking the global luxury slowdown

French luxury company Hermès has spent nearly 200 years emphasizing quality, scarcity and desirability — a strategy that's helped it dominate the luxury...

Microsoft CFO says OpenAI investment will cut into profit this quarter

Microsoft CEO Satya Nadella, right, speaks as OpenAI CEO Sam Altman looks on during the OpenAI DevDay event in San Francisco on Nov....

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