Category: Company Reports

Berkshire Hathaway Reports Third-Quarter Loss

The New York Times – Business:
The company’s huge investment portfolio lost money, while its insurance arm felt the effects of Hurricane Ian and inflation-driven rises in property and damage claims.
Amazon, Lyft and Other Tech Companies Announce Job Cuts and Hiring Freezes

The New York Times – Business:
Amazon said it was pausing corporate hiring, while Lyft and Stripe said they were cutting jobs.
The New York Times Company Adds 180,000 Digital Subscribers

The New York Times – Business:
The Times recorded an adjusted operating profit of $69 million for the third quarter, up from $65 million in the same period last year.
Corporate America Has a Message for the Fed About Inflation

The New York Times – Business:
If Federal Reserve Chair Jerome H. Powell and his colleagues look at company earnings reports, these themes might catch their eye.
Uber’s Revenue Is Up 72 Percent From Last Year, but It Posts a Loss

The New York Times – Business:
The ride-hailing company had strong revenue growth, but it still lost money in part because of its investments in other ride-hailing businesses.
Saudi Aramco Reports $42 Billion in Profit as Cash Rolls In

The New York Times – Business:
The bumper earnings from the world’s largest oil company were, nonetheless, a slight decline on the previous quarter.
Food Prices Soar, and So Do Companies’ Profits

The New York Times – Business:
Some companies and restaurants have continued to raise prices on consumers even after their own inflation-related costs have been covered.
Exxon and Chevron Rack Up Giant Profits

The New York Times – Business:
Exxon Mobil and Chevron reported another round of strong profits. But they face political fire over gasoline prices, even as they fear a new downturn.
Exxon and Chevron Rack Up Giant Profits

The New York Times – Business:
A fourth straight quarter of robust results came on the back of high oil and natural gas prices.
How Twitter Will Change as a Private Company Under Elon Musk

The New York Times – Business:
The social media company went public in 2013. But Elon Musk is taking it private as part of his acquisition of the firm. Here’s what that means.
Amazon Earnings: Return to Profitability But Slow Growth Signaled Ahead

The New York Times – Business:
The e-commerce giant, which also turned a profit in its latest quarter, indicated sales in the holiday period might rise at their lowest level since 2001.
Chip Makers, Once in High Demand, Confront Sudden Challenges

The New York Times – Business:
Demand for semiconductors was off the charts last year. But a sharp slowdown coupled with new U.S. restrictions against China have created obstacles.