Updated July 28, 2022 6:36 pm ET Listen to article (2 minutes) Chip maker Intel reported a surprise quarterly loss and cut its full-year outlook, reflecting a slump in personal-computer purchases and ...
Tag: Products/Services
Ford Bronco Engine-Failure Reports Spur Federal Safety Investigation
The top U.S. auto-safety regulator is opening an investigation into reported catastrophic engine failures with some Ford Bronco vehicles, yet another setback in the auto maker’s efforts to improve its...
Seagate’s Earnings Miss Estimates as Demand for Disk Drives Worsens
Text size A Seagate hard drive from an Apple laptop computer. Demand is weakening in consumer-related markets. Brent Lwein/Bloomberg The disk-drive company Seagate Technology posted sales and profits ...
Boeing Poised to Increase 787 Production Once Deliveries Resume
FARNBOROUGH, England—Boeing is preparing to increase production of its 787 Dreamliner soon after U.S. air-safety regulators allow the aircraft to resume deliveries, according to a person close to the ...
Vertical Aerospace Stock Soars. American Airlines Provides Cash for eVTOL Maker.
Text size There are many new players vying for eVTOL market share, including Vertical Aerospace. Courtesy Vertical Aerospace Vertical Aerospace , the eVTOL maker, secured some expected funding from Am...
Large Retailers Are Getting Hit Hardest by Overstocking
Big retailers are struggling to cope with large stockpiles of furniture, apparel and workout equipment, yet broad measures show inventories at American companies remain exceedingly lean by historical ...
Rivian Cranked Up Production in Second Quarter at Illinois Factory
Rivian Automotive Inc. said it produced 4,401 vehicles in the second quarter, the latest in the electric-vehicle maker’s efforts to overcome parts shortages and production snarls to fulfill orders for...
Car quality is slipping: These are the brands with the most and least complaints, study finds
New car owners are experiencing more problems in the first 90 days of ownership than ever before. Buick took the top spot in the 2022 J.D. Power Initial Quality Study, but the headline isn’t the winne...
Toyota Stock Falls After It Cuts Production Again. Bad News for Car Prices.
Text size Toyota reduced its output forecast, citing parts shortages. Above, a dealership in Houston. Brandon Bell/Getty Images Toyota Motor updated its production plans, unveiling more cuts. Wednesda...
Some European Factories, Long Dependent on Cheap Russian Energy, Are Shutting Down
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Oil Prices on Rise Again as OPEC Considers Suspending Russia From Output Deal
Text size Oil prices have surged above $100 a barrel since Russia’s invasion of Ukraine. David McNew/Getty Images Oil prices edged higher after briefly falling back on Tuesday following a report...
Companies Are Rebuilding Their Inventories. What That Means for Profits.
Text size Target’s inventory rose 43.1% and sales grew 4% in the most recent quarter. Joe Raedle/Getty Images After months of being empty, shelves are finally being restocked. That makes shoppers happ...
AMD’s New Chips Could Spark a Turnaround for Its Stock
Text size AMD’s Ryzen 7000 chips will be made using a more advanced process than its existing ones. Courtesy of AMD It’s finally here. For the first time in three years, Advanced Micro Devices w...
JetBlue to Launch Tender Offer for Spirit, Urge Shareholders to Vote Against Frontier Deal
JetBlue Airways Corp. said it plans to launch a hostile takeover attempt for discount carrier Spirit Airlines Inc. after Spirit rejected JetBlue’s $3.6 billion offer in favor of an existing deal with ...
Walmart Anticipates a Store Manager Shortage Despite $200,000-a-Year Pay
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Ford Hurries Out F-150 Lightning to Grab Share of Electrics Market
The latest electric vehicles offer the power to charge household devices or other EVs using the energy stored in the car’s battery. WSJ’s George Downs explores how some companies are developing vehicl...