GE's Turnaround Rides a Pandemic Rebound

The company reported another quarterly net loss, but said it had an adjusted profit that topped Wall Street's expectations and raised its goal for cash flows this year.

 
Bloomingdale's Joins Smaller-Store Trend With Bloomie's Launch

The 22,000-square-foot store in a suburban shopping district in Fairfax, Va., will carry far fewer products than traditional Bloomingdale's stores, but will update its selection multiple times a week.

 
Inflation, Slowing Lysol Sales Are a Double Hit for Reckitt

The maker of Lysol has ridden a wave demand for its cleaning products since Covid-19 hit. Now it is grappling with a pandemic-recovery double whammy: slowing sales of disinfectants and rising cost inflation.

 
Jeff Bezos Offers to Waive $2 Billion for NASA Contract

The Amazon.com founder offered to waive $2 billion in fees over the next two years to win his space company, Blue Origin, a joint contract for the lunar-lander program that was awarded solely to Elon Musk's SpaceX.

 
CBRE to Buy 60% Stake in Turner & Townsend in $1.3 Billion Deal

The world's largest commercial-real-estate-services firm is buying a controlling stake in the London-based company ahead of an expected wave of investment in alternative energy and infrastructure.

 
Valo Health Acquires Biotech Startup, Gaining Protein Technology

Drugmaker Valo Health, which has agreed to go public by merging with a blank-check company, is diversifying its product pipeline with the acquisition of Courier Therapeutics.

 
Cloudflare Lays Out Plan to Reduce Internet's Carbon Footprint

The provider of cybersecurity tools and other cloud services said it would cancel out all its carbon dioxide emissions and introduced tools to help its customers cut their own emissions.

 
Apple Expected to Post Record Profit, as Demand Remains Strong

Investors are eager for signs the company's success will continue into 2022, as customers switch to new 5G phones.

 
Google Primed to Benefit From Surge in Online Advertising

Alphabet is expected to report its largest second-quarter sales growth in 14 years as businesses pour marketing dollars into ads across Google's products.

 
Microsoft Expected to Post Record Sales Amid Strong Gaming, Cloud Demand

Wall Street analysts predict that quarterly revenue for the software giant will grow 16% from a year earlier.

(END) Dow Jones Newswires

July 27, 2021 09:15 ET (13:15 GMT)

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