Hong Kong CNN — China’s Evergrande Group, whose collapse in 2021 sparked China’s worst property market crisis on record, has unveiled a
Tag: financial performance and reports
Opinion: Biden’s veto supports free markets, not ‘woke’ capitalism
Editor’s Note: Witold Henisz is the vice dean and faculty director of the ESG Initiative at the Wharton School and the Deloitte
Big Oil faces scrutiny after making $200 billion last year
London CNN — BP (BP), Chevron (CVX), ExxonMobil, Shell and Total (TOT)Energies raked in a record $199.3 billion in profits in 2022,
Shell profits double to nearly $40 billion
Hong Kong/London CNN — Shell made a record profit of almost $40 billion in 2022, more than double what it raked in
Boeing posts a big loss
New York CNN — Boeing reported a $650 million operating loss in the fourth quarter, surprising Wall Street analysts who had expected
Party City files for bankruptcy
New York CNN — Party City filed for bankruptcy protection Tuesday after years of losses and weak sales. The largest party goods
Bank earnings fail to impress investors as recession worries rise
New York CNN — JPMorgan Chase, Bank of America, Citigroup and asset management giant BlackRock posted results that topped Wall Street’s forecasts
Macy’s says its holday sales will be on lower end
New York CNN — Turns out inflation may have put a damper on the holidays. Macy’s chair and CEO Jeff Gennette said
A stomach-churning year for markets in 5 charts
New York CNN — Wall Street is bidding goodbye — and good riddance — to 2022. It has been a year most
Housing slump to continue but some hopeful signs ahead
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