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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

GE Lifts Guidance as Sales and Earnings Rise
Business

GE Lifts Guidance as Sales and Earnings Rise

The manufacturer cites strong orders for jet engines and wind turbines. Source link

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

US existing home sales fall; annual house price decline slows By Reuters

© Reuters. FILE PHOTO: A “sold” sign is seen outside of a recently purchased home in Washington, U.S., July 7, 2022. REUTERS/Sarah Silbiger/File Photo WASHINGTON

Home Sales Fall Amid High Mortgage Rates, Low Supply
Business

Home Sales Fall Amid High Mortgage Rates, Low Supply

Existing home sales, which make up most of the housing market, decreased 3.3% in June from the prior month to a seasonally adjusted annual rate

Analysis-Banking woes, Fed keep investors on edge in nervous U.S. stock market By Reuters
Finances

Blackstone’s quarterly earnings slump 39% as asset sales plummet By Reuters

© Reuters. FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of

Tesla to Report Second-Quarter Earnings Fueled by Sales Growth
Business

Tesla to Report Second-Quarter Earnings Fueled by Sales Growth

Analysts are looking to see the impact of price cuts on the EV maker’s bottom line. Source link

European banks default-risk indicator jumps, AT1 bonds fall By Reuters
Finances

US retail sales rise slightly in June; core retail sales solid By Reuters

© Reuters. FILE PHOTO: A man with a shopping bag walks past a sale sign at a retail clothing store in San Francisco, California May

Lockheed Martin Projects Higher Sales as War Boosts Orders
Business

Lockheed Martin Projects Higher Sales as War Boosts Orders

The defense giant raised its sales guidance as the war in Ukraine is driving orders for missiles. Source link

Restricting Chip Sales to China Could Backfire on U.S., Industry Group Says
Business

Restricting Chip Sales to China Could Backfire on U.S., Industry Group Says

The potential limits threaten to undermine new government investments in chip-making in the U.S., the Semiconductor Industry Association warns. Source link