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Costco
Costco revenue climbs in latest quarter

Wholesaler sees 17.5% rise in net sales to $61.44bn. Read More: Oil futures continue to climb.

Monte Stewart
Now
Nike sneaker
Nike reports mixed financial results, lowers revenue outlook

Nike lowers revenue outlook on Covid-related supply chain issues.

Kevin Donovan
Brilliant Earth ring
Brilliant Earth flies out of the IPO gate

Company says 'compelling' financial model presents high growth potential. Read more...

Robert Davis
Carnival cruise ship
Carnival expects fleet to operate at 50% capacity by October

Carnival announcement part of broader push to operate at 65% by year end. Read more...

Robert Davis
Wall Street
Market close: US benchmarks recapture week’s declines

Major US indices up across the board as Fed Reserve extends current stimulus. Read more...

Joseph Toppe
Apple iPhone
Apple iPhone 13 orders soaring

China driving 20% increase above previous phone's sales

Monte Stewart
Now


Nike sneaker
Nike posts mixed results on earnings and revenue reports

$1.16 earning per share tops estimates but $12.2bn in revenue falls just shy.

Kevin Donovan
Eargo
Eargo shares fall on DoJ investigation

Criminal investigation of hearing-aid manufacturer Eargo leads to selling, analyst downgrades.

Kevin Donovan
FedEx truck
FedEx partnership to launch driverless commercial trucks

First such collaboration in line-haul sector between Aurora, PACCA, FedEx. Read more...

Susan Mate
BK Medical
GE Healthcare to purchase BK Medical for $1.45bn

Most expensive acquisition by GE CEO Larry Culp

Daniel Tyson
Wall Street
Mid-day markets: Dow soars as market digests Fed announcement

Major US benchmarks soar mid-day following Fed's two-day meeting. Read more...

Joseph Toppe
Rite Aid logo on screen
Shares of Rite Aid tumble on quarterly earnings report

Drug store widens its projected net loss range for the fiscal year as membership sags

Robert Davis
Salesforce
Salesforce shares up 6% on higher revenue revision

The cloud software company hosts an investor day. Read more…

William Hoffman
Facebook
Facebook share price experiences volatility

Ad measurement troubles, CTO resignation impact stock.

Monte Stewart
Now
BA planes at London Gatwick
BA scraps most short-haul flights from London Gatwick

Airline blames pilots for rejecting plan to set up new low-cost unit

Angela Barnes