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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
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
Union Pacific Picks New CEO
The railroad company named veteran rail executive Jim Vena chief executive, after a major shareholder called for the current CEO’s removal. Source link
Fire on Car-Carrier Ship Off Dutch Coast Kills One
The coast guard is investigating whether the blaze started in one of the electric vehicles onboard. Source link
Automakers Plan Thousands of EV Chargers in $1 Billion U.S. Push
GM, Honda and Stellantis are among the companies planning a joint investment to build thousands of electric-vehicle charging stations in the U.S. Source link
AT&T Expands Cost-Cutting by $2 Billion
AT&T’s wireless profit center kept growing in the second quarter, prompting executives to back an upbeat estimate of earnings through the end of the year.
Boeing Reports $149 Million Loss as Defense Charges Pile Up
The aerospace giant said it is increasing jetliner production as planned while reducing its debt. Source link
Gap Poaches Mattel Executive Who Revived Barbie to Be Its CEO
Richard Dickson, president and chief operating officer at the toymaker, is taking over as Gap’s next chief executive. 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