mosaec

Uber’s Revenue Is Up 72 Percent From Last Year, but It Posts a Loss

Car Services and Livery Cabs Company Reports Computers and the Internet Khosrowshahi, Dara Uber Technologies Inc

Uber’s Revenue Is Up 72 Percent From Last Year, but It Posts a Loss

The ride-hailing company had strong revenue growth, but it still lost money in part because of its investments in other ride-hailing businesses.

By Kalley Huang

Saudi Aramco Reports $42 Billion in Profit as Cash Rolls In

Company Reports Nasser, Amin H Oil (Petroleum) and Gasoline Saudi Arabia Saudi Aramco

Saudi Aramco Reports $42 Billion in Profit as Cash Rolls In

The bumper earnings from the world’s largest oil company were, nonetheless, a slight decline on the previous quarter.

By Stanley Reed

Food Prices Soar, and So Do Companies’ Profits

Chipotle Mexican Grill Inc Company Reports Darden Restaurants Inc Food Inflation (Economics) Pepsico Inc Prices (Fares, Fees and Rates) Restaurants Supermarkets and Grocery Stores

Food Prices Soar, and So Do Companies’ Profits

Some companies and restaurants have continued to raise prices on consumers even after their own inflation-related costs have been covered.

By Isabella Simonetti and Julie Creswell

Exxon and Chevron Rack Up Giant Profits

Biden, Joseph R Jr Chevron Corporation Company Reports Embargoes and Sanctions Exxon Mobil Corp International Trade and World Market Natural Gas Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Production Stocks and Bonds Strategic Petroleum Reserve (US) United States Economy

Exxon and Chevron Rack Up Giant Profits

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.

By Clifford Krauss