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Profit Numbers Get Spruced Up as Business SlowsReallocate costs. Unwind charges. Delay depreciation. Companies are using nontraditional ways to boost the bottom line as slowing business makes it harder to meet earnings expectations.
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These companies are buying back their shares without using too much debtThese companies are buying back their stock, but without relying disproportionately on borrowed cash to finance the purchases.
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Companies won’t share COVID-19 shots, stalling future vaccine researchDeveloping more broadly protective products requires comparisons with existing shots that Pfizer and Moderna won’t allow
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Companies Push Prices Higher, Protecting Profits but Adding to InflationThe prices of oil, transportation, food ingredients and other raw materials have fallen in recent months as the shocks stemming from the pandemic and the war in Ukraine have faded. Yet, many big businesses have continued raising prices at a rapid clip. Some of the world’s biggest companies have said they do not plan to change course and will continue increasing prices or keep them at elevated levels for the foreseeable future. That strategy has cushioned corporate profits. And it could keep infl
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Lawmakers vote to give power companies control over new downstate linesIn the final hours of their spring session last week, lawmakers approved a controversial measure that would give existing power companies in downstate Illinois, notably Ameren Illinois, the first crack at installing new transmission lines. But Gov. J.B. Pritzker said he would veto the bill
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Nvidia CEO says companies, people who take advantage of AI will benefitNvidia CEO Jensen Huang delivered the commencement address at National Taiwan University and discussed the importance of learning to use artificial intelligence.
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