Washington, DC CNN — The chair of the Federal Deposit Insurance Corporation wants more aggressive oversight…
Tag: financial performance and reports
UPS says its profit will fall after it reaches a Teamsters deal. Its stock is sinking sharply | CNN Business
New York CNN — UPS reported a sharp drop in revenue and profit in the second…
ExxonMobil earnings fell on sinking oil prices | CNN Business
New York CNN — ExxonMobil’s profit fell sharply in the second quarter on lower oil and…
Shell profits cut in half by lower oil prices | CNN Business
London CNN — Shell has reported a 56% drop in second-quarter profit, as oil and gas…
AI investment is booming. How much is hype? | CNN Business
London CNN — French startup Mistral AI didn’t have a working product when it raised €105…
The 5 biggest takeaways from Netflix’s earnings report | CNN Business
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up…
Tesla profits climb despite price cuts | CNN Business
New York CNN — Tesla reported a much bigger than expected increase in profits, despite a…
Every Buybuy Baby store is closing after bankruptcy deal falls through | CNN Business
CNN — Buybuy Baby will close all of its stores as part of its parent company…
Will inflation come down this year? We’re about to get a big clue | CNN Business
New York CNN — This week kicks off the second-quarter earnings season, when firms in the…
