Starbucks Profit Surges on Higher Prices, Improved Operations
The coffee chain said higher prices and more-efficient operations helped drive higher sales and profit in its most recent quarter, while business in its China market improved.
Bankrupt Bed Bath & Beyond Seeks Millions From Ocean Carriers
The retailer is pressing a case with maritime regulators as it prepares to shut its U.S. stores.
Unity Conducts Its Third and Largest Round of Layoffs in a Year
The software company's move to let go about 600 employees follows a recent string of job cuts in the tech industry and beyond.
Celsius Network Seeks to Fold U.K. Affiliate Into Bankrupt U.S. Operation
The move could strengthen customer claims against the cryptocurrency mining business housed in the U.K. affiliate.
Bud Light Maker Offers Distributors Free Beer, More Ad Spending After Dylan Mulvaney Backlash
Anheuser-Busch wholesalers say they have faced plummeting sales and personal threats over backlash from a promotion with a transgender influencer.
Uber Results Boosted by Rides, Delivery
The ride-hailing leader predicts growth to continue in the current quarter.
Pfizer's Earnings Fall With Cooling Demand for Covid-19 Products
The drugmaker aims to churn out more new products to deal with declining Covid-19 vaccine sales and patent losses.
AEA Investors to Sell Spectrum Plastics Group to DuPont for $1.75 Billion
Private-equity firm acquired the maker of medical devices and components in 2018.
Battle of the Activists: Hindenburg Shorts Icahn
Shares in Icahn Enterprises lost roughly a fifth of their value after short seller Hindenburg Research published a report saying the company was overvalued and holding assets at inflated prices.
Tesla Raises EV Prices by $250. Why It's a Brilliant Move.
The electric-vehicle maker increased the tags on some on some models in the U.S., Canada, Japan, and China. Investors have been wary of price reductions because they reduce margins.
(END) Dow Jones Newswires
05-02-23 2115ET
