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Disney’s Park Business Grows Despite Consumer Angst
Americans, struggling with rising costs, have been looking for ways to cut back on nonessential spending. But Disney, so far at least,…
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Company Reports
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Disney to Build a Magic Kingdom Theme Park in Abu Dhabi
Mickey Mouse is headed to the Middle East. In a new test for its singularly American brand, the Walt Disney Company said on Wednesday that…
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New York Times Adds 250,000 Digital Subscribers
The New York Times Company said on Wednesday that it added 250,000 digital-only subscribers in the last quarter, and that digital…
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Ford Says Tariffs Will Cost Company $1.5 Billion in 2025
Ford Motor said on Monday that the Trump administration’s tariff policies were likely to lower its 2025 profit, before interest and taxes,…
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Warren Buffett Criticizes Trump’s Trade Policies
Warren E. Buffett took a shot at President Trump’s efforts to use tariffs to batter global commerce on Saturday, as his $1.1 trillion…
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Exxon and Chevron Report Lower Profits While Girding for Tariffs
The two largest U.S. oil companies reported their lowest first-quarter profits in years on Friday as they braced for the economic fallout…
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Amazon Says Operating Profits May Decline Amid Economic Uncertainty
As much as Amazon may have wanted to dodge the spotlight in President Trump’s trade war, there was no avoiding it for America’s largest…
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Tesla Chair Denies That Board Sought to Replace Elon Musk
The chair of Tesla’s board of directors denied a report that the company had begun to look for a replacement for Elon Musk, the chief…
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In an Uncertain Economy, McDonald’s Sees Spending Decline
Even value meals aren’t enough to get anxious consumers to spend. Despite efforts to entice customers to its restaurants, McDonald’s saw…
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Starbucks Profit Drops, but Leaders Say Turnaround Is Working
Faster coffee. More baristas. More seating. Despite headwinds from higher coffee prices and tariffs on certain products, Starbucks is…
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UPS Says It Will Cut 20,000 Jobs in Efficiency Drive
UPS said on Tuesday that it would cut 20,000 jobs this year as part of a long-term plan to reduce costs and bolster profit. The cuts come…
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Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings
Warren E. Buffett, the famed investor known for his enthusiasm for undervalued stocks and businesses, is feeling bullish these days about…
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Walmart Racks Up Sales Record but Sees Slower Growth Ahead
Walmart, the largest retailer in the United States, said on Thursday that strong holiday sales propelled its revenue to another annual…
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Green Energy Ambitions of European Companies Take a Beating
Rasmus Errboe, the new chief executive of the Danish offshore wind developer Orsted, sounded as if he had inherited a mess as he explained…
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Tesla’s European Sales Drop in January After Elon Musk Disrupts Politics
Tesla’s sales in Germany plunged 59 percent in January, the month when Elon Musk, the company’s chief executive and a close adviser to…
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Novo Nordisk Annual Sales Jump on Demand for Ozempic and Wegovy
Novo Nordisk, the Danish pharmaceutical company behind Ozempic and Wegovy, capped off a somewhat turbulent 2024, reporting profit and…
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Disney Returns to Its Steamrolling Self
You might even call it a Disney renaissance. After a period of turmoil — culture war spats, whipsawing operating strategies, layoffs,…
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PepsiCo Adding Healthier Snacks as Its North American Sales Dip
Amid a national debate on highly processed foods and the rise of weight-loss drugs, PepsiCo is responding by offering healthier versions…
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Meta Agrees to Pay Trump $25 Million to Settle His Lawsuit
Meta said on Wednesday that it had agreed to pay President Trump $25 million to settle a 2021 lawsuit he filed over the suspension of his…
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Tesla’s Profit Fell Sharply Last Year
Tesla on Wednesday reported a sharp drop in profit for 2024 as rivals in China, Europe and the United States chipped away at its lead in…
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Stocks Hit a Record Amid Strong Earnings and Easing Inflation Concerns
The S&P 500 clambered back to a record high on Thursday, inching above a peak reached in early December, building on gains after President…
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Netflix Adds 19 Million Subscribers in Final Quarter of 2024
Netflix ended 2024 with 302 million global subscribers and an annual operating income exceeding $10 billion for the first time in the…
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As Delta Reports Profits, Airlines Are Optimistic About 2025
This year just got started, but it is already shaping up nicely for U.S. airlines. After several setbacks, the industry ended 2024 in a…
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Bitcoin Is Luring More Companies and Their Cash
A couple of weeks after the presidential election, Joe Davy, chief executive of the marketing firm Banzai, sent an email to the company’s…