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Uber Posts 14% Rise in Revenue as Growth Slows
Posted inCar Services and Livery Cabs Company Reports Computers and the Internet Coronavirus (2019-nCoV) Khosrowshahi, Dara Layoffs and Job Reductions Uber Technologies Inc

Uber Posts 14% Rise in Revenue as Growth Slows

The company’s growth decelerated as the rebound from the pandemic normalized and its freight business declined. It also swung to a profit.
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Posted by By Yiwen Lu
Exxon Reports Leaner Earnings in Second Quarter
Posted inChevron Corporation Company Reports Energy and Power Exxon Mobil Corp Inflation (Economics) Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Russian Invasion of Ukraine (2022)

Exxon Reports Leaner Earnings in Second Quarter

The company’s record profit a year earlier was driven by a surge in oil prices after Russia’s invasion of Ukraine.
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Posted by By Santul Nerkar
Wall St. Pessimists Are Getting Used to Being Wrong
Posted inCompany Reports Dow Jones Stock Average Federal Reserve System Interest Rates Powell, Jerome H Standard & Poor's 500-Stock Index Stocks and Bonds United States Economy

Wall St. Pessimists Are Getting Used to Being Wrong

The S&P 500 is up about 20 percent this year, but some still warn that the future may not be as rosy as that implies.
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Posted by By Joe Rennison
Ford’s Profit Jumped in Second Quarter
Posted inCompany Reports Electric and Hybrid Vehicles Ford Motor Co

Ford’s Profit Jumped in Second Quarter

The automaker made more money on trucks and sport utility vehicles but reported bigger losses on electric vehicles.
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Posted by By Neal E. Boudette

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