@WSJbusiness

The Wall Street Journal's Business editors share the latest breaking news and their insights on what matters most in business and finance.

 New York, NY
on.wsj.com/1sAboAQ
Joined April 2009
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2.1KMedia
Samsung Posts Fourth Straight Quarter of Record Earnings on.wsj.com/4yQVvv9

Samsung Posts Fourth Straight Quarter of Record Earnings

The company reported its fourth consecutive quarter of record earnings, though the results missed lofty analyst expectations.

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Pilgrim’s Pride Profit Falls as Supply Outpaces Demand on.wsj.com/4zyPkND

Pilgrim’s Pride Profit Falls as Supply Outpaces Demand

The company posted net income of $117.6 million as supply for chicken products continued to exceed demand.

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Chipotle Logs Higher Revenue as Same-Restaurant Sales Climb on.wsj.com/47Nhl7L

Chipotle Logs Higher Revenue as Same-Restaurant Sales Climb

The company’s third-quarter revenue rose 9.6% to $3.29 billion, primarily driven by new restaurant openings and an increase in comparable restaurant sales.

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MGM Resorts Revenue Ticks Down on Lower Room Rates in Las Vegas on.wsj.com/4zhuYIt

MGM Resorts Revenue Ticks Down on Lower Room Rates in Las Vegas

The decrease offset growth in the hotel and casino company’s China business, where sales rose 5% to $1.1 billion, marking record quarterly revenue.

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FedEx Lifts Outlook as Shipping Rates, Volumes Drive Revenue Growth on.wsj.com/4zZSo50

FedEx Lifts Outlook as Shipping Rates, Volumes Drive Revenue Growth

The shipping company now expects revenue to grow around 12% for the calendar year.

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Carvana Profit Soars as Vehicle Sales Climb Nearly 40% on.wsj.com/4e01eY6

Carvana Profit Soars as Vehicle Sales Climb Nearly 40%

The online retailer reported a third-quarter profit of $289 million as it sold nearly 40% more vehicles than a year ago, a reflection of hot demand for used vehicles.

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Honeywell Aerospace Logs Higher Third-Quarter Profit, Revenue on Continued Demand on.wsj.com/4yKCrOU

Honeywell Aerospace Logs Higher Third-Quarter Profit, Revenue on Continued Demand

The company, which was spun off from Honeywell International earlier this year, posted a quarterly profit of $726 million, up from $644 million in last year’s comparable period.

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Microsoft’s cloud business continued to post accelerating growth, contributing to a higher profit and easing jitters over potential returns from the AI build-out on.wsj.com/4e6Kaj4

Microsoft Quarterly Profit Soars as Cloud Growth Accelerates

The company’s cloud business continued to post accelerating growth in the most recent quarter, contributing to a higher profit and easing jitters over potential returns from the AI build-out.

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EBay Sales Rise on Strength in Collectibles, Live Shopping on.wsj.com/3UTAJwT

EBay Sales Rise on Strength in Collectibles, Live Shopping

CEO Jamie Iannone said the e-commerce platform is seeing broad-based momentum across its key categories, with collectibles remaining its biggest growth driver.

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T-Mobile Profit, Revenue Rise on Postpaid Growth on.wsj.com/4ezEkqw

T-Mobile Profit, Revenue Rise on Postpaid Growth

The cell carrier now expects full-year postpaid net account additions at the midpoint of its prior guidance range and it also narrowed its profit forecast for the year.

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Campari Says Aperitifs, Tequila Are Driving Sales, But U.S. Drinking Trends Remain Weak on.wsj.com/47HpFpF

Campari Says Aperitifs, Tequila Are Driving Sales, But U.S. Drinking Trends Remain Weak

Davide Campari-Milano said a strategy of focusing on a smaller number of core brands is paying off, with sales growing across regions over the first nine months of the year, though it signaled...

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Airbus Posts Lower Earnings as It Seeks to Ramp Up Plane Deliveries on.wsj.com/4ic4rpW

Airbus Posts Lower Earnings as It Seeks to Ramp Up Plane Deliveries

The European plane maker said third-quarter adjusted earnings declined 9% from a year earlier while revenue slipped 2%.

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Thieves are creating mock websites to lure people looking to check gift-card balances into giving up the card’s number and PIN on.wsj.com/47G5hVT

Retailers Cracked Down on In-Store Theft. Gift-Card Scammers Just Moved Online.

Thieves are creating mock websites to lure people looking to check balances into giving up the card’s number and PIN.

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Weil, Gotshal & Manges leaders are discussing a plan to dissolve the law firm, according to a person briefed on the matter on.wsj.com/3WRqg5G

Exclusive | Weil Gotshal Leaders Discussing Plan to Wind Down Law Firm

The once-storied firm suffered a series of high-profile defections and failed merger talks that left it with few options.

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Dropbox to Cut About 6% of Global Workforce on.wsj.com/4BqWDIx

Dropbox to Cut About 6% of Global Workforce

Dropbox is cutting jobs globally in a move it says will align its workforce with investments and its top product and growth priorities

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Brinker Lifts Forecast as Chili’s Drives Profit on.wsj.com/3Uhokmk

Brinker Lifts Forecast as Chili’s Drives Profit

The owner of Chili’s Grill & Bar and Maggiano’s Little Italy casual-dining chains posted first-quarter earnings of $113.3 million, or $2.64 a share, up from $99.5 million, or $2.17 a share, a year...

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Etsy Sales Rise as the Number of Active Buyers Increases on.wsj.com/4imdjb4

Etsy Sales Rise as the Number of Active Buyers Increases

The online marketplace operator’s third-quarter net income rose to $853.5 million, or $7.31 a share, up from $75.5 million, or 63 cents a share, a year ago.

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A new Labor Department regulation aims to pry open the business model of PBMs, powerful companies that oversee hundreds of billions of dollars’ worth of drug spending on.wsj.com/47LVRbj

Exclusive | Drug Middlemen Will Soon Have to Share Details on How They Are Paid

New Labor Department regulation will require pharmacy-benefit managers to disclose information with employers.

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Bausch + Lomb Swings to Profit and Lifts Outlook for Year on.wsj.com/4zhQvki

Bausch + Lomb Swings to Profit and Lifts Outlook for Year

The eye-health company’s third-quarter net income came in at $32 million, or 9 cents a share, compared with a loss of $28 million, or 8 cents a share, a year earlier.

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Jersey Mike’s Posts Loss on Higher Revenue on.wsj.com/3UWyZTD

Jersey Mike’s Posts Loss on Higher Revenue

The sandwich chain said third-quarter revenue rose 10% to $209 million, with same-store sales improving 3%.

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