Boston Beer Shares Fall After Hard-Seltzer Demand Sputters 

The company missed Wall Street analysts' earnings and sales projections for the fiscal second quarter.

Huawei Hires Democratic Lobbyist Tony Podesta 

The hiring comes amid a renewed D.C. lobbying push by the Chinese company, which had faced relentless attacks by the Trump administration.

GM Recalls Chevy Bolts for Second Time Due to Fire Risk 

The company is asking owners of 2017-19 model year Bolts to keep their electric-vehicle charges at a certain level and to park the cars outside after charging them.

Oil Servicers Climb Out of a Hole 

Halliburton, Schlumberger and Baker Hughes started tightening their belts in 2019.They now say the worst is now behind them.

Kimberly-Clark Takes Hit Amid Drop in Toilet-Paper Demand 

The company lowered its sales forecast as its quarterly result fell short of expectations amid rising materials costs and plunging demand for paper products.

Disney Looks to Relocate Its Theme-Park Magic Makers to Florida 

The company wants to send many of its famed Imagineers to a campus in Orlando where about $570 million in tax incentives await.

Volvo Cars Needs Investors to Value Brain Over Brawn 

As the Swedish car maker gears up for an initial public offering, a hyperactive first half showcases both its strategic flexibility and financial limitations.

American Express beats earnings expectations as card spending accelerates 

American Express topped earnings and revenue expectations Friday while pointing to an acceleration in spending and "robust" interest in its fee-based cards.

Honeywell Earnings Beat Expectations Again. Why Its Stock Is Dropping. 

The industrial giant reported solid second-quarter results, beating expectations and raising full-year guidance.

Shares of Chinese Tutoring Companies Plummet on Crackdown Fears 

China has said it wants to reduce the financial burdens of parenthood, including education.


(END) Dow Jones Newswires

July 23, 2021 15:15 ET (19:15 GMT)

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