Isabella Simonetti
Posts
Exxon and Chevron Report Record Profits on High Oil Prices
The energy industry’s windfall has followed a spike in prices, resulting mostly from Russia’s invasion of Ukraine, and a global economy rebounding from the coronavirus...
Shopify Is Laying Off 10 Percent of Staff
The e-commerce platform made the “wrong” bet on the continued boom in online shopping, the chief executive said in a memo to employees.
Amazon sues leaders of more than 10,000 Facebook groups it says churn out fake reviews.
The e-commerce site said the groups targeted its sites in the United States, Britain, France, Germany, Italy, Spain and Japan.
Stocks Fall Further as Bank Earnings Add to Concerns About the Economy
Companies in the United States are starting to report their earnings for the second quarter, a chance for investors to assess how hard businesses are...
Stocks fall further as bank earnings add to concerns about the economy.
Companies in the United States are starting to report their earnings for the second quarter, a chance for investors to assess how hard businesses are...
Twitter Is Down in an Worldwide Outage
The social networking site went offline on Thursday morning, affecting users worldwide.
Shoppers Are Still Willing to Pay More for Drinks and Snacks, Pepsi Says
The company is passing higher prices for soda and potato chips on to consumers, for now, but there are “plenty of unknowns” about how they...
Peloton, Seeking to Cut Costs, Will No Longer Make Its Own Bikes
A company in Taiwan that already produces some of Peloton’s bikes and treadmills will now become the company’s primary manufacturer.
Twitter’s Stock Falls Further as Doubts Swirl Over Musk’s Takeover
Shares of the social media company have lost a third of its value since April 25, when Mr. Musk’s offer to buy the company was...
Eight Measures That Reflect a Slowing U.S. Economy
A growing number of economists are predicting a recession in 2023, but there are signs that a slowdown has already begun.