Boeing Reports Loss as 787 Charges Mount

Production problems and delivery delays will cost the plane maker another $4.5 billion, Boeing said as it reported its third annual loss in a row.

 
AT&T Logs Wireless Gains as It Preps WarnerMedia Split

The wireless-and-broadband internet provider swung to a fourth-quarter profit as it improved its wireless revenue and shed the burden of its customer-losing pay-TV business in 2021.

 
Kimberly-Clark's Costs Are a Problem. The Stock Is Tumbling.

The company posted net profits of $357 million, below analysts' expectation for $421.9 million, but raised its dividend for the 50th consecutive year.

 
Mattel's Disney Toy Deal Joins Elsa With Barbie

The toy company has wrested back rights to film characters from its rival Hasbro. Losing the contract was "a wake-up" call for Mattel, an executive says.

 
Walmart-Backed Fintech Startup Is Acquiring Two Firms and a New Name

The startup, to be called ONE, is helmed by former Goldman executives and aims to build a "financial services super app."

 
Tesla Poised for Record Annual Profit

Wall Street expects the electric-vehicle maker to report roughly $5.3 billion in profit on around $53 billion of sales last year, according to analysts.

 
Intel Wins Appeal of $1.2 Billion EU Antitrust Fine

The court's decision is a blow to the European Commission, the bloc's main antitrust regulator, which is seeking to expand its reach through new regulations and a reinterpretation of its existing powers.

 
The Struggle Is Real for Zillow

Zillow's near-term fate hinges upon a delicate market balance the likes of which we've never quite seen.

 
IBM Cloud Makeover Shows Results

IBM's yearslong makeover into a hybrid cloud and artificial intelligence company is resonating with customers whose information-technology strategies have been reshaped by Covid-19, industry analysts said.

 
Warehouse Giant Prologis to Offer More Peripheral Services, CFO Says

At present, the company derives 84% of its revenue from rental income. It plans to bolster revenue by offering extras, like solar power, forklifts, logistic tech and more at some of its locations.

(END) Dow Jones Newswires

January 26, 2022 09:15 ET (14:15 GMT)

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