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BP Profit Declines More Steeply Than Peers'
Second-quarter earnings fell almost 70% from a year-ago bonanza. The London-based oil major boosted its dividend and continued to buy back shares. Source link
Jeep Looks to Veer Out of Sales Ditch
The rugged American brand that spawned the modern SUV has posted lower sales for eight straight quarters. Source link
Facebook Bowed to White House Pressure, Removed Covid Posts
Internal Meta emails say pressure from Washington was behind a decision to take down posts attributing the pandemic to a man-made virus. Source link
Does Facebook Polarize Users? Meta Disagrees With Partners Over Research Conclusions
The company and researchers differ regarding how to interpret the findings from studies of the 2020 presidential election. Source link
Meta Takes Some Profitable Social Cues
The Facebook parent’s strong results and outlook set a better stage for the investment cycle. Source link
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
Netflix Reworks Microsoft Pact and Lowers Ad Prices
The streaming company is asking advertisers for patience as it tries to jump-start its $6.99 a month ad tier. Source link
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
The social-media giant has seen a surge after cutting costs and improving ad-targeting. Source link
Elon Musk's Rebranded Twitter Cuts Ad Prices
The social-media site X is offering hefty discounts to lure back ad dollars Source link