US Business

The chip maker, which is reviewing its production strategy, reported a slight drop in earnings for 2020, but sales hit a record high of $77.9 billion.

International Business Machines expects to return to revenue growth this year after reporting a 4.6% decline in 2020 as corporate customers’ focused on preserving cash during the coronavirus pandemic.

Former President Donald Trump saw revenue fall in his family businesses last year as the pandemic took a toll on the Trump Organization’s hotels and golf resorts, one of many financial challenges he faces.

Movie studios have quickly embraced streaming in the pandemic, and that’s shaking up who’s in charge, how contracts are set up and how stars get paid.

Investigators suspect malfunctioning engine controls and pilot efforts to troubleshoot the problem likely played a major role in an Indonesian airliner’s fatal plunge into the Java Sea earlier this month.

United reported a net loss of $1.9 billion for the fourth quarter but said it has gotten a handle on how to survive its immediate challenges.

Tension is rising between European authorities and Pfizer and BioNTech after officials said the companies had unexpectedly cut their deliveries of Covid-19 vaccines and put their immunization schedules at risk.

Restaurants including McDonald’s, Church’s Chicken, Checkers and TGI Friday are getting a sales bump as consumers receive the latest stimulus checks, but sales patterns show the boost can be fleeting.

Fourth-quarter revenue climbed to $65.47 billion, up from $60.9 billion in the same quarter a year earlier. Costs also rose.

Jack Ma, the billionaire founder of China’s Alibaba and controlling shareholder of financial affiliate Ant Group, made a public appearance, his first since regulators began clamping down on his business empire.