Chevron Rides High Oil Prices to Record $35.5 Billion Annual Profit

The oil company’s profit milestone is almost a third higher than its previous peak.

Stock Futures Edge Down Ahead of Key Inflation Gauge

US stock futures edged lower as investors await the release of a closely watched inflation gauge…

Louis Vuitton’s Owner Is Still Reading China’s Tea Leaves

The French luxury company projects record sales in 2022 thanks to US spending, but it is…

Chinese Education Stocks Gain After Post-Crackdown Business Overhauls

Market Companies venture to sell fresh produce and more non-academic tuition

H&M Profit Battered by Rising Costs, Russia Exit

The fast-fashion giant reported a 68% drop in annual profit after economic and geopolitical challenges hampered…

Hasbro to Cut Global Workforce by 15%

The layoffs are another sign that the economic uncertainty has spread beyond the technology and media…

Intel Slumps on Disappointing Earnings Amid PC Weakness

The once-booming chip industry has been hurt by declining consumer appetite amid concerns of a possible…

Comcast Loses Broadband Users, Gains Five Million Peacock Subscribers

Business revenue Peacock’s paying subscriber base tops 20 million, but streaming losses mount

Valero Can Keep Pumping Profits

US refiners had an extraordinary 2022. Low natural gas prices and a Russian product embargo show…

Blackstone Earnings Fall as Firm Misses Asset Target

The investment firm reported net income of $557.9 million during the fourth quarter, compared to $1.4…