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Shell Reports Earnings of $9.45 Billion, Its Second-Highest Profit
Posted inCompany Reports Corporate Taxes Great Britain Oil (Petroleum) and Gasoline Shell Plc Total SA van Beurden, Ben

Shell Reports Earnings of $9.45 Billion, Its Second-Highest Profit

The two European companies reported earnings totaling nearly $20 billion, partly on higher energy prices as Russia’s war in Ukraine continues.
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Posted by By Stanley Reed
Credit Suisse Unveils Sweeping Revamp to Revive Its Fortunes
Posted inBanking and Financial Institutions Company Reports Credit Suisse Group AG Klein, Michael S Korner, Ulrich Switzerland

Credit Suisse Unveils Sweeping Revamp to Revive Its Fortunes

The restructuring includes shrinking its investment bank and raising $4 billion in capital from investors, including a state-owned Saudi bank.
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Posted by By Michael J. de la Merced
Tech’s Biggest Companies Are Sending Worrying Signals About the Economy
Posted inAdvertising and Marketing Company Reports Computers and the Internet Facebook Inc Google Inc Meta Platforms Inc Microsoft Corp Online Advertising Social Media Stocks and Bonds United States Economy

Tech’s Biggest Companies Are Sending Worrying Signals About the Economy

A series of quarterly earnings reports is showing that even Silicon Valley’s most powerful companies are feeling the impact of inflation and rising interest rates.
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Posted by By Tripp Mickle
Ford Lost Money in the Third Quarter as Costs Surged
Posted inCompany Reports Electric and Hybrid Vehicles Ford Motor Co Prices (Fares, Fees and Rates) Production Russian Invasion of Ukraine (2022) Stocks and Bonds

Ford Lost Money in the Third Quarter as Costs Surged

The automaker is struggling with supply chain problems and wrote off its investment in a self-driving technology business.
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Posted by By Neal E. Boudette

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