Deere Profit Rises Despite Supply-Chain Challenges

The equipment maker posted higher sales for its latest quarter on strong demand for its farm and construction equipment.

 
Tinder Owner Match Group, Google Reach Deal on App Store Payment Rules

Match said it has withdrawn its request for a restraining order against Google, saying Google has made concessions that Match demanded.

 
Biden Visits Samsung to Shore Up Tech Allies in Countering China

President Biden began a three-day trip to South Korea with a factory visit that underscored the technology ties between the countries.

 
Senior Executives Leave Russian Oil Giant Rosneft

The Russian state oil giant is losing several senior executives and board members, a brain drain that stands to weaken a prime driver of the country's economy while Moscow wages war on Ukraine.

 
Boeing's Starliner Spacecraft Launches Toward Space Station in Do-Over Mission

The liftoff comes after a failed flight attempt and delays-and successful trips by Elon Musk's SpaceX.

 
Porsche Rolls Out Board-Approved Privacy Strategy

Drivers of Porsche cars can switch on privacy mode to stop the auto maker from tracking their data, or they can consent to having their data used for specific services.

 
Alaska Permanent Fund to Slow Its Private-Equity Commitment Pace

The sovereign fund is slowing its annual private equity commitment pace out of concerns over the so-called denominator effect.

 
Shares of Ross Stores Fall 17% After Sales Decline

The off-price retailer reported a decline in sales in the first quarter and forecast same-store stores would decline in the second quarter.

 
Applied Materials Profit Climbs but Supply-Chain Issues Persist

The maker of semiconductor equipment reported sales and earnings below analyst estimates, sending shares lower after hours.

 
Tencent's Recovery Prospects Rest on Gaming

A recovery for Tencent Holdings Ltd.'s earnings after its dismal first quarter will likely depend on its gaming segment. Domestic gaming revenue fell as the Chinese social media and videogame giant suffered its steepest quarterly profit drop and slowest total revenue growth since going public in 2004.

(END) Dow Jones Newswires

May 20, 2022 11:15 ET (15:15 GMT)

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