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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
Dove Maker Unilever Still Raising Prices as Volumes Slip
The consumer-goods giant—a bellwether for the global economy and consumer sentiment—boosted prices to make up for soaring commodities and other costs. Source link
Podcast Cuts, Higher Music Royalties Deepen Spotify Losses
The streaming giant booked its strongest-ever quarter for user growth. Source link
Chevron Waives Retirement Age for CEO Mike Wirth
The oil giant reported higher-than-expected profit in the second quarter. Source link
'Barbenheimer' Poised to Deliver a Blowout Weekend
The dual release of “Barbie” and “Oppenheimer” could help deliver the strongest U.S. box office weekend of the year in an otherwise sleepy summer for
Chinese Consumers Pinch Pennies on Staples as Pandemic Habits Linger
The average selling prices of toothbrushes, infant formula and makeup are declining as businesses adapt to circumstances. Source link
Ad Holding Companies Under 'Gathering Clouds' as Some See Client Slowdown
Interpublic Group of Cos., Publicis Groupe and Omnicom Group, three of the biggest advertising holding companies, reported second-quarter earnings this week. Source link
J&J Revenue Up on Surge in Heart Procedures
Net earnings at the pharmaceutical company rose 6.9% to $5.14 billion, or $1.96 a share. Source link
Facing Big Storm Losses, Insurers Aim to Boost Rates
Severe storms that brought hail and high winds to places such as Texas and states in the central U.S. are wreaking havoc on insurers’ profits.
U.S. stocks are mixed after Tesla, Netflix earnings By Investing.com
© Reuters. Investing.com — U.S. stocks were mixed on Thursday after earnings reports from Netflix and Tesla. At 10:59 ET (14:59 GMT), the rose 259