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Nike promised 'bold' storytelling at the upcoming Olympics in Paris, but shares tumbled on the company's lowered outlook. ©AFP

Nike shares tumble on tepid outlook as CEO eyes Olympics marketing win

New York (AFP) - Nike reported higher profits due to cost-cutting efforts Thursday, but shares fell sharply on the company's ...

Pfizer is steering investment to oncology and other drug areas to offset diminished sales in Covid-19 products. ©AFP

Pfizer profits drop on lower Covid-19 product sales

New York (United States) (AFP) - Pfizer reported a drop in profits on lower sales of Covid-19 related profits Wednesday ...

Starbucks reported weaker than expected profits, pointing to lackluster conditions in China and consumer caution in the United States . ©AFP

Starbucks points to weaker consumer as profit falls

New York (AFP) - Starbucks reported lower profits on falling sales on Tuesday as the coffee giant pointed to weakening ...

General Motors, which reported better than expected profits, is hopeful that the moderately priced Chevrolet Equinox will attract more consumers to electric vehicles . ©AFP

General Motors lifts 2024 profit forecast after strong Q1

New York (AFP) - General Motors reported higher profits Tuesday thanks to continued strength in North America that offset a ...

Lower profits at US oil giants still mighty enough for big investor payouts

February 2, 2024

New York (AFP) - ExxonMobil and Chevron reported lower but still strong profits Friday as they push ahead with hefty ...

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