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Intel Returns to Profit as PC Rebound Lifts Chip Demand
Business

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

Southwest Airlines to Revamp Flight Schedule as Consumer Travel Changes
Business

Southwest Airlines to Revamp Flight Schedule as Consumer Travel Changes

The airline says demand for vacation travel remains robust this summer, but business travel’s recovery to prepandemic levels remains elusive. Source link

Meta Takes Some Profitable Social Cues
Business

Meta Takes Some Profitable Social Cues

The Facebook parent’s strong results and outlook set a better stage for the investment cycle. Source link

McDonald's Grimace Shake Trend Pays Off for Burger Chain
Business

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

Volkswagen Lowers Delivery Targets as Supply-Chain Issues Persist
Business

Volkswagen Lowers Delivery Targets as Supply-Chain Issues Persist

The German car giant said logistics bottlenecks are shifting from semiconductor shortages to transportation delays. Source link

Weaker Energy Prices Temper Shell's Profit, but Not Cash Payouts for Investors
Business

Weaker Energy Prices Temper Shell's Profit, but Not Cash Payouts for Investors

The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its new CEO unveiled a strategic

Nestlé Raised Prices More Than 9% in First Half of the Year
Business

Nestlé Raised Prices More Than 9% in First Half of the Year

The world’s largest packaged food company said price hikes boosted sales and profitability, joining other consumer goods companies. Source link

Mattel Needs Barbie's Movie Magic to Lift Toy Sales
Business

Mattel Needs Barbie's Movie Magic to Lift Toy Sales

Partnerships and marketing blitz aim to power company past decline in quarterly sales and earnings. Source link

Facebook Parent Meta Expected to Report Sales Growth as Turnaround Continues
Business

Facebook Parent Meta Expected to Report Sales Growth as Turnaround Continues

The social-media giant has seen a surge after cutting costs and improving ad-targeting. Source link