Companies
All the latest news on companies in the world - mergers, bankruptcy, recalls, debt, recovery, profit, sales
Companies | LATEST STORIES
Buffett Says Recent Market Volatility ‘Really Nothing,’ Urges Investor Calm
The 94-year-old Berkshire CEO also revealed that he plans to retire at the end of the year.
Insurer AIG Reports Profit Dip Due to LA County Wildfire Losses
Wildfire related payouts totaled $460 million as the insurance sector overall deals with increased claims due to natural disasters.
Chevron’s First-Quarter Profit Drops as Oil Prices Slide
The oil and gas giant also plans to reduce its stock buybacks in the second quarter.
ExxonMobil’s Earnings Beat Estimates, but Profits Slide on Lower Oil Prices
The company said market conditions and uncertainty over tariff policies are weighing on its growth prospects.
Temu Stops Shipments From China After Trump Ends de Minimis Exemption
As the United States closes the trade loophole for goods shipped from China, online retailer Temu says it has shifted its supply chain.
Bread Sold in 6 States Recalled Due to Glass Contamination
Glass fragments were found on top of the three bread products made by Upper Crust Crest Hill Bakery.
Apple Changes US App Store Rules; Apps Can Now Allow External Payments
The change was announced a day after a judge criticized the company for not taking action against its ‘anticompetitive’ behavior.
Judge Skeptical of Meta’s Claims It Did Not Violate Copyright Law in AI Lawsuit
The lawsuit was filed by authors who claim Meta used their work to train its large language model without informing them.
Most US-Bound iPhones Will No Longer Be Made in China, Says Apple
Apple CEO Tim Cook told investors in a second quarter earnings call that the company will import the bulk of its phones for the American market from India.
US Steel Reports First-Quarter Loss, Moves Closer to Nippon Deal
The steel giant provided an optimistic outlook for second-quarter earnings, largely due to facility sales and higher prices.
Vance Touts ‘Technology of the Future’ on Display in South Carolina Steel Plant
The vice president rejected claims that U.S. trade policies are geared to ‘bring back jobs of the past,’ citing Nucor operation as ‘jobs of the future.’
Apple Beats Wall Street Revenue Estimate, Falls Short on Services, Wearables
The iPhone maker gave its cash dividend a 4 percent boost.
Yum! Brands’s Sales Rise, Led by KFC and Taco Bell
The company gave upbeat guidance regarding international sales despite the ongoing trade challenges.
Amazon Shares Slip in Extended Trading on Light 2nd Quarter Guidance
The online shopping titan reported better-than-expected 1st quarter earnings.
Mercedes-Benz to Bring Production of New Electric SUV to Alabama Plant
The German luxury automaker confirmed that this will be its first all-electric SUV to be built in the United States.
McDonald’s Global Sales and Earnings Drop, Weighed Down by Weak US Sales
The company’s first-quarter U.S. sales declined by 3.6 percent year over year, compared to a 1 percent global decline.
Trump Media Follows Trend of High-Profile Companies Leaving Delaware, Reincorporates in Florida
Shareholders approved move to Sarasota-based company’s home state, aligning rules with Florida as more firms exit Delaware over legal and cost concerns.
GM Trims Outlook After Solid Quarter, Plans to ‘Buy Where We Build’ to Counter Tariffs
GM grew revenue but cut its profit target amid new tariffs, and its CEO says the company will source more parts and build more vehicles in the United States.
Tesla Says Report Its Board Is Looking to Replace CEO Elon Musk Is False
The vehicle maker said it backs Musk’s leadership while denying a report it’s board was in touch with recruitment firms.
Amazon Announces $4 Billion Rural Delivery Network, Estimates 100,000 New Jobs
Every new facility opened as part of the expansion is expected to create 170 jobs on average.
