 | | | | Australian retail conglomerate Wesfarmers Ltd on Thursday posted a 14.2% drop in first-half profit due to COVID-19 curbs and supply chain disruptions, and warned issues including labour constraints will persist in the second half. | | | | | | Cisco Systems Inc on Wednesday raised its full-year earnings forecast and reported quarterly revenue above expectations on strong demand for its enterprise communication tools and 5G gear. | | | | | | Walmart's Mexico unit on Wednesday reported fourth quarter net profit of 13.3 billion pesos ($646.3 million), up more than 5% from the year-earlier period, when the retailer posted net profit of 12.6 billion pesos. | | | | | | Chipmaker Nvidia Corp on Wednesday forecast current-quarter revenue above analysts' estimates, banking on the supercharged demand for data centers. | | | | | | Walt Disney Co will design U.S. residential communities in deals with property developers, capitalizing on fans' enthusiasm for the brand beyond its theme park and entertainment businesses. | | | | | | U.S. insurer American International Group Inc topped fourth-quarter profit expectations on Wednesday as it benefited from strong underwriting and lower catastrophe losses at its general insurance business. | | | | | | Meta Platforms Inc CEO Mark Zuckerberg said in a Facebook post on Wednesday that he had promoted policy chief Nick Clegg into a larger role to lead on all policy matters, signaling less involvement from Zuckerberg in the area. | | | | | | DoorDash Inc reported quarterly revenue on Wednesday that beat analysts' estimates, as people continued to order in after using the food delivery company's services frequently during the peak of the pandemic. | | | | | | Spotify Inc deepened its investment in podcasting with the acquisitions of Podsights and Chartable, two services that provide greater insights for advertisers and podcasting publishers, the Swedish company said on Wednesday. | | | | | | The U.S. National Labor Relations Board said Wednesday that Amazon.com Inc and a group of New York workers have agreed tentatively on terms for a union election, and an organizer said the vote would take place late next month. | | | | | |
