WSJ

Cummins Raises Outlook as Profit, Sales Climb

Cummins raised its outlook for the year after reporting higher profit and sales in the second quarter, boosted by accelerating orders for standby power for data centers, as well as improving North Ame...

1 week ago

Wayfair Swings to Loss on Lower International Sales, Despite U.S. Growth

Wayfair had a mixed second quarter, as its U.S. business grew while international sales fell....

1 week ago

Huggies Stumble in China After Social-Media Firestorm

A state-run newspaper said the diapers tested positive for a substance called formamide. Huggies maker Kimberly-Clark said the findings are false....

1 week ago

Pfizer Post Loss on Higher Revenue

Pfizer swung to a second-quarter loss but posted higher revenue, as market growth in its oncology business offset some declines in its Covid-19 products....

1 week ago

Caterpillar Posts Higher Profit, Sales on Increased Orders

Caterpillar notched higher profit in the latest quarter as sales jumped, driven by continued demand for its construction equipment, as well as its engines and generators....

1 week ago

McDonald’s Aims to Improve Service and Food, and Chose a New U.S. Boss to Help

The Golden Arches has been working to win back customers as Americans cut spending, especially lower-income consumers....

1 week ago

Kimberly-Clark Reports Lower Profit After China Social Media Disruption

Kimberly-Clark reported lower profit in its second quarter and revenue missed estimates, as allegations about the quality of diapers in the China market disrupted sales....

1 week ago

What CFOs Are Saying About the Iran Conflict

Plus, Trump blasts Big Oil companies and rising beef costs pressure Tyson’s bottom line....

1 week ago

Merck Cuts Full-Year Profit Forecast as Acquisition Costs Weigh on Bottom Line

Merck slashed its profit outlook for the year due to charges tied to its acquisition of cancer biotech company Terns Pharmaceuticals....

1 week ago

Toyota Raises Earnings Guidance, Announces More Than $6 Billion Buyback

The Japanese carmaker raised its annual earnings forecasts, citing a weaker yen and a smaller impact from the Iran war....

1 week ago

DuPont Reports Higher Profit as Sales Rise

DuPont de Nemours reported a higher profit in the second quarter as sales rose across the chemicals and materials company’s segments....

1 week ago

The Brown Bag AI Lunches Are Over

1 week ago

Volvo Car Sales Slip 4% on China Weakness

Sales in the U.S. increased for the third consecutive month, rising by a double-digit percentage while European deliveries remained steady with moderate growth....

1 week ago

Zalando Shares Slide After Weak Quarter, Narrowed Outlook

The German online retailer posted soft results for the second quarter and narrowed its guidance for the year as a whole....

1 week ago

Prologis to Buy U.K.’s Segro for $18.8 Billion

Segro’s directors intend to unanimously recommend the offer to shareholders who will be entitled to receive 0.0920 newly issued shares in Prologis for each Segro share held, with a partial cash altern...

1 week ago

BP’s Profits Surge as Oil Traders Capitalize on Middle East Volatility

Its oil-trading unit delivered bumper profits again after conflict in the Middle East continued to drive turbulence in energy markets....

1 week ago

Continental on Track to Reach Tires Guidance Despite Higher Raw Material Costs

The German tire company said it is in the final stage of its strategic realignment and warned of a substantial increase in raw-material costs in the second half of the year....

1 week ago

Saudi Aramco Profit Jumps 33% on Higher Oil Prices Amid Iran War

Elevated crude prices lifted earnings despite disruption in the Strait of Hormuz pushing sales volumes lower....

1 week ago

Bayer Swings to Net Profit on Smaller Litigation Charges

The company said its 2026 sales and earnings forecasts were unchanged when adjusted for currency changes, and that year-end net debt would be lower than originally projected....

1 week ago

HSBC Posts Sharply Higher Quarterly Profit, Plans $1 Billion Share Buyback

The London-based bank said its second-quarter net profit jumped 68% from a year earlier to $7.69 billion and announced a share buyback of up to $1 billion....

1 week ago

Lufthansa Tightens 2026 Guidance After Profit Slump

The carrier group reported net profit of €123 million for the second quarter, compared with €1.01 billion in the prior-year period....

1 week ago

Anduril Weighs Baltimore Shipyard Investment to Build Drone Boats

The defense-tech company is in talks for a production site at historic Sparrows Point, as the Iran war has demonstrated the utility of unmanned surface vessels....

1 week ago

Whirlpool Abandoned Its Global Ambitions. Now It’s in a World of Hurt.

The company’s focus on North America has tied its fortunes to the slumping U.S. housing market....

1 week ago

Opinion | Unions Are Coming for Your Uber Driver

Massachusetts imposes ‘sectoral bargaining’ on ride-share workers, who may find themselves government by agreements they never signed up for....

1 week ago

Palantir Shares Jump as Revenue Nearly Doubles, Company Issues Improved Forecast

The technology company now expects at least $8.15 billion in full-year revenue; ‘demand for AI sovereignty has now been unleashed.”...

1 week ago

Diamondback Energy Lifts Production Guidance, Reports Surging Profit on High Oil Prices

The company benefited from the run-up in oil prices following the start of the war in Iran....

1 week ago

People Inc. Profit More Than Doubles on Gains From MGM Investment

The company posted a quarterly profit of $506.9 million, boosted by an unrealized gain on the company’s investment in MGM....

1 week ago

ON Semiconductor Reports Higher Profit, Revenue on Growing AI Data Center Business

The chipmaker reported second-quarter net income of $226.8 million, up from $170.3 million a year earlier....

1 week ago

U.S. Stocks Rally, While Oil Slides on Middle East Diplomacy Hopes

U.S. stocks jumped and oil prices fell sharply as President Trump signaled a return to diplomacy with Iran....

1 week ago

Tom Holland and Zendaya’s Billion-Dollar Box Office Weekend

The married stars of “Spider-Man: Brand New Day” and “The Odyssey” have achieved an unprecedented level of success as a pair...

1 week ago

Trump Blasts Big Oil Companies for ‘Making Too Much Money’

The president called out ExxonMobil and Chevron for record profits amid high oil prices....

1 week ago

Lantheus Holdings to Be Acquired for Initial $6.7 Billion

Curium said it would pay $102.50 a share in cash for Lantheus, a 2.9% premium to Friday’s closing price of $99.64 and 8.5% above Lantheus’s closing price of $94.47 on May 21, before Bloomberg reported...

1 week ago

Opinion | AI Companies Need to Drill, Baby, Drill

That’s the only apparent way they can keep energy costs from exploding....

1 week ago

Visa to Buy Fraud Defense Platform BioCatch in $2.4 Billion Deal

Visa is acquiring BioCatch, a fraud-reduction platform that uses artificial intelligence , for $2.4 billion in cash....

1 week ago

Can Fast Fashion Fit Into Secondhand Clothes?

Plus, America’s lettuce crisis has shoppers ditching supermarkets for farmers markets—for now....

1 week ago

The Paper in Your Paper Towel Is a Candidate for a Radical Overhaul

Kimberly-Clark says it is developing a fiber that holds the promise to revolutionize paper-based products....

1 week ago

Rising Beef Costs Pressure Tyson’s Bottom Line

A shortage of cattle in the U.S. has been driving up costs for meatpackers like Tyson and JBS in recent years, leading to steep financial losses....

1 week ago

Marriott Says Middle East Conflict Weighed on Sales

Marriott International said the conflict in Iran put a significant damper on second-quarter sales....

1 week ago

EchoStar’s Hughes Network Files for Bankruptcy as $1.5B Debt Comes Due

Hughes Network Systems, owned by Charlie Ergen’s EchoStar, filed for Chapter 11 bankruptcy on Sunday....

1 week ago

KKR to Buy Integer Holdings for $4.3 Billion

Investment firm KKR has struck a deal to acquire medical-device outsourcing company Integer Holdings for about $4.3 billion in cash....

1 week ago

‘Something Was Wrong.’ Hasbro’s Lessons From a Cyberattack.

How companies manage crises sometimes can be the source of the greatest lessons for leaders. For toy maker Hasbro, a cybersecurity breach earlier this year served as one of those moments....

1 week ago

The Morning Risk Report: Trump Adds to China Forced Labor Blacklist

Plus: AI chatbot, deepfake labeling rules kick off in Europe, and FinCEN director leaves for Citigroup...

1 week ago

Zach Dell Is Raising Money to Put a Battery in Your Backyard

Base Power, co-founded by Michael Dell’s son, lands a $13 billion valuation as electricity demand and battery storage are booming....

1 week ago

How ServiceNow’s CEO Weighs Long-Term Bets

The corporate world has taken more than just algorithms and platforms from the tech world. It has absorbed some of the tech mindset, too....

1 week ago

Big Fashion Brands Try on a New Trend: Selling Secondhand Clothes

Retailers are investing in ‘preloved’ apparel drops, partly to offset the environmental cost of churning out a seemingly endless array of styles....

1 week ago

Nissan Reports First Quarterly Profit in Two Years

The Japanese carmaker kept its annual earnings forecasts unchanged, even as it lowered its vehicle sales projection....

1 week ago

TotalEnergies Sells Stake in European Renewable Assets to KKR

TotalEnergies said it agreed to sell a 50% stake in European onshore solar and wind assets to private-equity firm KKR....

1 week ago

Banco BPM Pulls Out of Merger Talks With Monte Paschi

The move could clear the way for a rival $35 billion takeover offer from Intesa Sanpaolo....

1 week ago

Sandoz to Pay Around $480 Million to Settle U.S. Antitrust Pricing Litigations

The agreements mean the remaining claims against the Swiss maker of generic drugs in the U.S. generic antitrust litigation are those from individual plaintiffs....

1 week ago