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Intel Returns to Profit as PC Rebound Lifts Chip Demand
The chip maker’s earnings surprise Wall Street after two consecutive quarters of record losses. Source link
McDonald's Grimace Shake Trend Pays Off for Burger Chain
A meal celebrating the purple character helped drive sales after it went viral on TikTok. Source link
Airbus Hits New Supply-Chain Hurdle in Race With Boeing
Engine maker Pratt is recalling 1,200 engines over 12 months just as Airbus is trying to cement its supremacy in narrow-body jets. Source link
Snap Revenue Falls Amid Efforts to Retool Advertising Business
The owner of Snapchat reported progress in the overhaul of its ads platform but offered a cloudy outlook for the current quarter. Source link
Verizon Promises Turnaround Amid Lull in Smartphone Upgrades
Over-the-air broadband service and higher fees helped boost the telecom giant’s wireless service revenue. Source link
'Forever Chemicals' Settlement Weighs on 3M Earnings
The company raised its earnings expectations for the year despite swinging to a quarterly loss. Source link
GE Lifts Guidance as Sales and Earnings Rise
The manufacturer cites strong orders for jet engines and wind turbines. Source link
GM Again Lifts Its Profit Outlook, Plans More Cost Cuts
The automaker says buyers are willing to pay for pricier models and features. Source link
Podcast Cuts, Higher Music Royalties Deepen Spotify Losses
The streaming giant booked its strongest-ever quarter for user growth. Source link