Microsoft Earnings, Revenue Show Strong Growth

The software giant's cloud business has benefited as the pandemic has forced people to work remotely.

 
Supply-Chain Software Provider o9 Solutions Valued at $2.7 Billion

Supply-chain software provider o9 Solutions has raised a new round of private funding that has more than doubled the Dallas-based company's value to $2.7 billion in less than two years.

 
Canadian National Railway Names New CEO, Averts Proxy Fight

The railroad operator selects Tracy Robinson, and U.K.-based activist investor TCI Fund Management Ltd. agrees to drop its proxy effort.

 
AMC in Advanced Talks to Refinance Debt as Meme-Stock Luster Fades

AMC Entertainment is stepping up its efforts to refinance some of its debt as the cinema chain's shares and bonds have slumped, giving up most of their gains since the company became a meme-stock favorite.

 
Jinko Solar Soars in Shanghai Trading Debut

Shares of Chinese solar-module maker Jinko Solar Co. more than doubled on their first day of trading in Shanghai after the company raised about US$1.6 billion in an initial public offering.

 
Companies Prepare for Fallout From Cyberattacks Against Ukraine

Businesses including utilities, manufacturers and financial-services companies are bracing for potential spillover from cyberattacks against Ukraine, as U.S. officials warn of Russia-linked hacks that could ripple outward.

 
3M's N95 Mask Sales Climb, Lifting Revenue as Omicron Drives Demand

The manufacturer says new government guidance raised awareness of the product to help fight the Covid-19 variant's spread.

 
Berkshire Hathaway Will Host Annual Meeting in Person

The conglomerate's annual shareholder meeting, which pre-pandemic would regularly bring tens of thousands of people together in Omaha, Neb., will be held in person for the first time since 2019.

 
FTC Sues to Block Lockheed Martin Acquisition of Aerojet Rocketdyne

The Federal Trade Commission says the proposed $4.4 billion purchase would allow the defense giant to control access to parts needed to build missile engines.

 
AmEx Has Runway as Travel Recovers

After benefitting from more online at-home spending, a big resumption of travel-and-entertainment would be an upside for American Express.

(END) Dow Jones Newswires

January 26, 2022 03:15 ET (08:15 GMT)

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