The Times now has 12.33 million total subscribers to all of its products. It has said it is aiming for 15 million by the end of 2027.
Category: Company Reports
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IBM to Cut Thousands of Workers Amid A.I. Boom
The technology supplier said it was shifting its focus to higher-growth businesses, including A.I. consulting and software.
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Kimberly-Clark to Buy Tylenol Maker Kenvue for $40 Billion
The owner of Kleenex and Huggies will acquire the company that has fought claims by the Trump administration that a common pain reliever is linked to harmful side effects.
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Amazon’s Profit Is Up 38% on Strong Performance
After unexpectedly strong sales and profits across its consumer and cloud businesses, the tech giant said another strong quarter might be ahead.
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Apple’s iPhones Fuel Record Sales and Profit
The company’s revenue rose to above $100 billion in the quarter for the first time and profit soared 86 percent.
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Volkswagen, Hit by Tariffs, Reports $1.5 Billion Loss and Warns of Chip Shortage
Europe’s largest automaker said that a shortage of semiconductors could further hurt productivity.
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Starbucks Reports a Modest Sales Increase in Latest Quarter
Net income fell 85 percent, however, because of charges related to store closures and corporate layoffs.
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Microsoft Increases Investments Amid A.I. Race
The company reported that it spent a higher-than-expected $34.9 billion in capital expenditures during its quarter.
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Boeing Reports Bigger Quarterly Loss but Sales Improved
The aerospace company was hurt by the delay of a new plane but made progress on increasing production of the 737 Max, its most popular aircraft.
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UPS Has Already Cut 48,000 Workers This Year
The delivery company said about 70 percent of the layoffs affected drivers and warehouse workers.