But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.
Category: Company Reports
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JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits
The largest banks, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported bumper profits on Wednesday.
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Starbucks Visitors Must Now Buy Something to Stay or Use Bathroom
Starbucks said visitors to the coffee shops would be required to buy something in order to use the restroom or stay in the store, as the company’s new chief executive responded to a decline in sales.
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As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.
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Bitcoin Is Luring More Companies and Their Cash
It is a sharp pivot away from the cautious approach of the traditional corporate treasury, normally charged with safeguarding cash rather than chasing higher returns.
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Ford and General Motors Report a Sales Surge, Especially for E.V.s
The two big automakers said 2024 sales were up by 4 percent thanks to big increases in the final quarter.
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Tesla Electric Car Sales Fell in 2024, a First for Elon Musk
The electric-car company led by Elon Musk no longer has the market to itself. Investors are focusing on autonomous driving and other new technologies.
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Amazon Disregarded Internal Warnings on Injuries, Senate Investigation Claims
A staff report by the Senate labor committee, led by Bernie Sanders, uncovered evidence of internal concern about high injury rates at the e-commerce giant.
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Macy’s Earnings Report Details Multimillion-Dollar Accounting Error
Analysts see much bigger challenges for the retailer than lax accounting.
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Macy’s Details Multimillion-Dollar Accounting Error in Downbeat Report
Analysts see much bigger challenges for the retailer than lax accounting.
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C.E.O. of Stellantis, Owner of Chrysler and Jeep, Resigns
The company, facing slumping sales, announced that Carlos Tavares would step down immediately and that a new chief would be appointed early next year.
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Holiday Shopping Season Separates Winning Retailers From Losers
Consumers are seeking deals and being choosier about their spending in the crucial final weeks of the year, executives say.