Wall Street Journal

Dow’s Profit Rises Sharply on Cost Cuts, Sales Growth

Dow’s Profit Rises Sharply on Cost Cuts, Sales Growth

The Midland, Mich., chemicals company posted third-quarter earnings of $458 million, or 62 cents a share, up sharpy from...

5 days ago
Communications Group Common Interest Buys a Stake in Creative Agency Mirimar

Communications Group Common Interest Buys a Stake in Creative Agency Mirimar

Plus, fund managers turn to elaborate festival-like events as they recruit individual investors for private credit....

5 days ago
SpaceX: A Futuristic Berkshire Hathaway, or Just a Mess?

SpaceX: A Futuristic Berkshire Hathaway, or Just a Mess?

Elon Musk’s mishmash of businesses will be a maze for investors to evaluate....

5 days ago
Union Pacific Posts Higher Profit, Revenue on Volume Growth

Union Pacific Posts Higher Profit, Revenue on Volume Growth

The freight company posted a third-quarter profit of $2.08 billion, or $3.49 a share, compared with $1.79 billion, or $3...

6 days ago
Lockheed Martin Bumps Up Yearly Outlook as Backlog Hits Record

Lockheed Martin Bumps Up Yearly Outlook as Backlog Hits Record

The defense contractor’s third-quarter profit came in at $1.85 billion, or $7.97 a share, compared with $1.62 billion, o...

6 days ago
SAP Weighs New Metric to Showcase AI Impact on Business

SAP Weighs New Metric to Showcase AI Impact on Business

The business-software group is working on a metric to convey the impact of AI on its operations to appease investors wan...

6 days ago
American Airlines Forecasts Another Quarterly Loss on Surging Fuel Costs

American Airlines Forecasts Another Quarterly Loss on Surging Fuel Costs

The carrier said revenue is projected to climb 20% to 23% in the fourth quarter, during which it is also on track to pos...

6 days ago
Procter & Gamble’s Sales Offset Rising Fuel Costs

Procter & Gamble’s Sales Offset Rising Fuel Costs

Procter & Gamble logged higher sales and said it is managing to stay on track despite rising fuel costs....

6 days ago
Comcast’s Domestic Broadband-Subscriber Losses Continue

Comcast’s Domestic Broadband-Subscriber Losses Continue

Comcast continued to lose domestic residential broadband and video customers in the third quarter, putting pressure on o...

6 days ago
Prada Sales Cool as Luxury Recovery Fades

Prada Sales Cool as Luxury Recovery Fades

Prada reported a deceleration in sales growth as luxury companies struggle to spark renewed demand for high-end goods....

6 days ago
PulteGroup Net Down as Mortgage Rates Weigh on Home Sales

PulteGroup Net Down as Mortgage Rates Weigh on Home Sales

PulteGroup’s third-quarter net income and revenue fell sharply as elevated mortgage rates slowed sales of its luxury hom...

6 days ago
PE Firms Are Holding Investments Longer—and Changing Leaders More

PE Firms Are Holding Investments Longer—and Changing Leaders More

Plus, Meta loses in data-privacy case....

6 days ago
Musk’s Tesla-SpaceX Merger Would Formalize a Decadeslong Partnership

Musk’s Tesla-SpaceX Merger Would Formalize a Decadeslong Partnership

Plus, attack on a Saudi Arabian airport killed one person and Iran’s fleet of shadow tankers has run out of oil....

6 days ago
Carrier Plans $600 Million Texas Plant to Make Cooling Gear for AI Data Centers

Carrier Plans $600 Million Texas Plant to Make Cooling Gear for AI Data Centers

The plant, Carrier’s biggest-ever investment, comes amid a surge in sales to data-center customers....

6 days ago
Aramco CEO Says East-West Pipeline Capacity Could Reach 10 Million Barrels a Day

Aramco CEO Says East-West Pipeline Capacity Could Reach 10 Million Barrels a Day

Saudi Aramco is working to increase the capacity of its East-West oil pipeline network to 10 million barrels a day as th...

6 days ago
UCB Shares Jump After Demand for Immunology Drug Bimzelx Boosts Outlook

UCB Shares Jump After Demand for Immunology Drug Bimzelx Boosts Outlook

Shares were up 13%—erasing losses in the year to date—after the company raised its annual guidance for the second time t...

6 days ago
Oil Prices Rise More Than 2% as Attacks on Saudi Arabia, U.S.-Iran Risks Persist

Oil Prices Rise More Than 2% as Attacks on Saudi Arabia, U.S.-Iran Risks Persist

Oil prices rose with Brent climbing above $111 a barrel as traders weighed renewed attacks on Saudi energy infrastructur...

6 days ago
Energy Security Concerns Spur U.K. to Preserve Gas Pipelines to Europe

Energy Security Concerns Spur U.K. to Preserve Gas Pipelines to Europe

The pipelines are only used occasionally but give the U.K. greater flexibility to tap gas from other sources in times of...

6 days ago
Japan’s Top Labor Union Targets Big Pay Bump, in Line With BOJ Aims

Japan’s Top Labor Union Targets Big Pay Bump, in Line With BOJ Aims

The Japanese Trade Union Confederation, known as Rengo, will demand wage hikes of at least 5% at the shunto negotiations...

6 days ago
Nestle Sales Get Boost From Rebound of Petfood, Hot Pockets in America

Nestle Sales Get Boost From Rebound of Petfood, Hot Pockets in America

Nestle booked a rise in sales for the third quarter due to a revival of its snacking businesses in the Americas....

6 days ago
Hermes Sales Growth Slows as Luxury Backdrop Remains Tough

Hermes Sales Growth Slows as Luxury Backdrop Remains Tough

Hermes said sales growth lost pace in the third quarter, as hopes of a recovery in luxury demand dwindle....

6 days ago
London Stock Exchange Group Agrees to Buy Octus From Permira For $3.5 Billion

London Stock Exchange Group Agrees to Buy Octus From Permira For $3.5 Billion

The stock-exchange and financial-information company said last week that it was in talks over the deal to buy the credit...

6 days ago
Barclays Pretax Profit Misses Estimates on Fixed-Income Weakness

Barclays Pretax Profit Misses Estimates on Fixed-Income Weakness

The British bank reported lower-than-expected pretax profit despite a stronger equities performance as fixed-income earn...

6 days ago
Nokia Reports Continued Strength From AI, Data-Center Rollout

Nokia Reports Continued Strength From AI, Data-Center Rollout

Sales in network infrastructure—the unit that houses AI and data-center networking technology—rose 17% on year, driven b...

6 days ago
Roche Posts Higher Sales on Growth Across Pharma, Diagnostics Units

Roche Posts Higher Sales on Growth Across Pharma, Diagnostics Units

Roche reiterated its full-year guidance and said it is prepared to launch its giredestrant breast-cancer pill later this...

6 days ago
Kuehne + Nagel Lifts Guidance Again After Growth Across Business

Kuehne + Nagel Lifts Guidance Again After Growth Across Business

The Swiss transport and logistics company said demand from cloud infrastructure and semiconductor customers is driving v...

6 days ago
Thales Boosts Sales Forecasts as Defense, Aerospace Orders Surge

Thales Boosts Sales Forecasts as Defense, Aerospace Orders Surge

Thales lifted its sales projections for the year as orders at its defense and aerospace units surged in the first nine m...

6 days ago
Tesla Logs Surge in European Monthly Sales

Tesla Logs Surge in European Monthly Sales

Elon Musk’s electric-vehicle maker kept gaining ground in a region where Chinese rivals are also growing strongly....

6 days ago
Oil Rises as Geopolitics Back in Focus After AI Jitters Ease

Oil Rises as Geopolitics Back in Focus After AI Jitters Ease

Oil rose and Asian equities were lower as the spotlight returned to Middle East geopolitical developments after artifici...

6 days ago
SpaceX and Tesla Are Joined at the Hip. A Merger Would Make It Formal.

SpaceX and Tesla Are Joined at the Hip. A Merger Would Make It Formal.

For decades, Elon Musk has mixed resources and ambitions at his two largest companies....

6 days ago
He Self-Funded a $45-Million Nicolas Cage Movie. Then It Was Stolen.

He Self-Funded a $45-Million Nicolas Cage Movie. Then It Was Stolen.

A little-known producer sued Netflix for $105 million after a drive containing the film went missing from the streamer’s...

6 days ago
Mark Zuckerberg Discussed Leaving California Over Wealth Tax

Mark Zuckerberg Discussed Leaving California Over Wealth Tax

The Meta CEO feared a proposed billionaire tax in the state would force a major share sale, threatening his voting contr...

6 days ago
How Does the Ukrainian Military Use Starlink?

How Does the Ukrainian Military Use Starlink?

Ukraine is using a basic Starshield service, which uses Starlink’s standard equipment with different features...

6 days ago
Mattel Adds Board Member As Activist Investor Pressure Mounts

Mattel Adds Board Member As Activist Investor Pressure Mounts

Mattel named an executive from one of its largest shareholders, EdgePoint Investment Group, to its board of directors....

6 days ago
Meta Is Getting Creative to Fund Its Massive AI Investments

Meta Is Getting Creative to Fund Its Massive AI Investments

Plus, the Starlink slowdown hurt Ukraine’s ability to stop Russian attacks, and U.S. special envoy Steve Witkoff praised...

6 days ago
Tesla Reports Flat Revenue, Increased Cash Flow as SpaceX Merger Talk Looms

Tesla Reports Flat Revenue, Increased Cash Flow as SpaceX Merger Talk Looms

Elon Musk, who leads both companies, said merging the companies “would be a good idea.”...

6 days ago
Southwest Cuts Earnings Outlook Amid Rising Fuel Costs

Southwest Cuts Earnings Outlook Amid Rising Fuel Costs

The Dallas-based carrier now expects adjusted earnings per share to be $2.60 to $2.85 this year as fuel costs continue t...

6 days ago
Meta Will Split Stock, Create New Class to Fund AI Spending

Meta Will Split Stock, Create New Class to Fund AI Spending

The company, which reported record revenue of $64.6 billion for the third quarter, said the new stock won’t affect Mark ...

6 days ago
Texas Instruments Posts Higher Profit, Revenue

Texas Instruments Posts Higher Profit, Revenue

The Dallas-based semiconductor company posted a profit of $2.43 billion on broad based growth led by industry, automotiv...

6 days ago