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.
Category: Company Reports
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
UPS Has Already Cut 48,000 Workers This Year
The delivery company said about 70 percent of the layoffs affected drivers and warehouse workers.
-
Target to Cut 1,800 Corporate Jobs in Efficiency Drive
The retail chain’s incoming chief executive, who will take over in February, cited “too many layers and overlapping work” in a memo.
-
Ford’s Profit Jumps on Strong Sales but Company Lowers its Outlook
Ford said a fire at an aluminum factory will lower profits in the last three months of the year. The company also said it has stopped making an electric version of its popular F-150 pickup.