Facebook Parent Meta Platforms Sees First Sales Increase in Nearly a Year
The company (NASDAQ:META) reported revenue of $28.6 billion, up 3% from a year prior, as it continues to improve after the loss of ad-tracking capabilities in 2021.
Bristol-Myers CEO Giovanni Caforio to Step Down
Chief Commercialization Officer Christopher Boerner will take over after Giovanni Caforio retires, the company said.
Mattel says retailers are still skittish about stocking up on toys, but sticks with its financial outlook
Toy maker Mattel Inc. on Wednesday reported better-than-expected first-quarter results and held to its full-year outlook.
Roku stock pops after earnings beat, though ad market remains challenging
Roku (NASDAQ:ROKU) shares were moving higher in Wednesday’s after-hours action as the streaming media company topped expectations for its latest quarter.
First Republic Bank Is a Problem With No Easy Solution
It would be hard to find a buyer or create another rescue plan, but a regulatory seizure would bring its own set of problems.
Disney Sues Ron DeSantis After Oversight Board Voids Theme-Park Agreements
The lawsuit accuses the Florida governor of retaliating for the company’s decision to speak out against a law that bars instruction on sexual orientation in early elementary-school years.
Microsoft’s $75 Billion Deal for Activision in Peril
The U.K.’s antitrust watchdog rejected the deal, saying it would hurt competition in the videogaming industry.
Boeing Sticks With Outlook After Latest 737 MAX Problem
The aerospace company reported a 28% increase in first-quarter revenue.
Jeep Maker to Offer Buyouts to Hourly, Salaried Workers
Stellantis will offer voluntary separation packages as it trims costs to fund its transition to electric vehicles.
Kaiser Permanente to Combine With Hospital Operator Geisinger
The combined nonprofit will aim to add more hospital systems and become a national healthcare player.
(END) Dow Jones Newswires
April 26, 2023 17:15 ET (21:15 GMT)
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