US Business

The consumer goods company gave a somber outlook for the year ahead, predicting slower sales and historically high costs for raw materials and transportation as inflation picks up and the global health crisis continues.

Exxon and Chevron reported strong profits as some economies recover from the pandemic, but the oil giants, like their European counterparts, preach capital discipline.

Primary Wave has acquired the largest interest in the Prince estate, betting that by gaining control over the estate it can turn its assets into business opportunities.

September of 2018 was a do-or-die moment for Tesla. The auto maker’s CEO had staked the company’s future on a promise to deliver huge numbers of cars by the end of the month—and a quarterly profit. But getting the vehicles to customers in time wasn’t easy.

Boeing’s Starliner space capsule was slated for launch Friday afternoon.

He will be succeeded on Nov. 1 by his top deputy, Jon Moeller, who has been P&G’s finance chief and was promoted to chief operating officer.

The e-commerce giant reported strong results that showcased its dominance even as a slight slowdown in e-commerce sales highlighted the challenge of sustaining the growth it has logged during the pandemic.

The online sharing platform’s revenue totaled $613.2 million, compared with $272.5 million a year earlier.

The new requirements come amid rising Covid-19 cases and shifting federal guidance.

Revenue increased 20% in the latest quarter, as the results underscored the global appetite for digital goods and services.