Shell Reports Sharply Lower Earnings as Energy Prices Ease
After a record-breaking profit last year, Shell’s quarterly earnings fell 56 percent. But the energy provider will increase dividend payments.
Posted inBeverages Company Reports Federal Reserve System Food Inflation (Economics) Pepsico Inc Prices (Fares, Fees and Rates) Unilever NV United States Economy
Companies Keep Raising Food Prices, Affecting Fed’s Efforts to Tame Inflation
Coca-Cola, PepsiCo and Unilever have each reported raising prices significantly in the second quarter, complicating the Federal Reserve’s efforts to tame inflation.
Microsoft Revenue Up 8% to $56.2 Billion in Latest Quarter
The company’s profit topped $20 billion as it pointed to strong interest in its artificial intelligence products.
Posted inAdvertising and Marketing Company Reports Computers and the Internet Online Advertising Snap Inc Social Media Spiegel, Evan
Snap’s Sales Fall for the Second Time in a Row
The parent of Snapchat has grappled with an ad slump and the challenges of being a smaller social media company in an intensely competitive environment.