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.
Category: Company Reports
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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.
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Kohl’s Picks C.E.O. of Michaels to Help It Turn Around
Ashley Buchanan will be the third chief executive of the department store chain since 2018.
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Macy’s Discovers Employee Hid Millions in Delivery Expenses
The department store chain said it had found the erroneous accounting entries while preparing its results for the third quarter.
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Nvidia’s Earnings Report: What to Watch
Investors have high hopes for the chipmaker, the world’s most valuable company, which has enormous influence over the stock market.