Category: Company Reports

Blaming Tariffs, Aston Martin to Trim 20% of Its Work Force

The New York Times – Business:
The luxury automaker said losses for 2025 had increased from the year before, as tariffs and geopolitical uncertainty take a toll on its operations.
Home Depot Says Homeowners Are Weary From Economic Pressures

The New York Times – Business:
Sales fell at the home-improvement retailer, as homeowners shied away from big-ticket home improvement projects amid worries about housing costs and the job market.
Walmart Expects Growth Streak to Continue as New Chief Takes Over

The New York Times – Business:
Shoppers are turning to Walmart to stretch their dollars, but an uncertain economy and trade tensions will test the retailer’s new executive team.
Sales at McDonald’s Rise, Driven by Value Meals and Grinch Socks

The New York Times – Business:
Profits were up as the fast-food giant focused on price-conscious customers. But the company said it would cut back on financial support for franchisees.
New Kraft Heinz CEO Says Food Company Won’t Split, for Now

The New York Times – Business:
The company’s new C.E.O. said he saw opportunities to fix and grow the food giant — and cut prices for consumers.
Chevron Points to Venezuela’s Promise as Big Oil Earnings Fall

The two largest U.S. oil companies, Chevron and Exxon Mobil, reported their lowest annual profits in years.
Microsoft Continues to Spend Big on A.I. While Profit Jumps 60 Percent

The company said on Wednesday that revenue in the most recent quarter was $81.3 billion, but its share price dropped more than 5 percent in after-hours trading.
Tesla Profit Slumps, but Investors May Not Care

The electric vehicle maker’s shares are near record highs as Wall Street focuses on the company’s plans for robots and self-driving cars.
Starbucks Says Turnaround ‘Ahead of Schedule’ as Sales Rebound

The coffee chain’s stock jumped after a better-than-expected earnings report.
UPS Will Cut Up to 30,000 Jobs in 2026

The delivery company said it was planning the cuts this year because it expected to deliver fewer packages for Amazon, a large but unprofitable customer.
UPS Will Cut Up to 30,000 Jobs in 2026

The delivery company said it was planning the cuts this year because it expected to deliver fewer packages for Amazon, a large but unprofitable customer.
G.M. Shares Rise as Investors Are Encouraged by 2026 Prospects

The automaker said that it would buy back stock worth up to $6 billion and that it expected profit to rise this year after it pulled back from electric vehicle production.