Abbott's Rapid Covid-19 Tests Boost Quarterly Sales Growth 

The company's rapid-test brands sold $2.1 billion of diagnostics in the last quarter of 2021, but demand is expected to be lower this year.

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.

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.

Brooklyn Properties' Bankruptcy Sale Reopened After Muddled Auction 

Confusions over bidding rules may have ended the auction prematurely, a bankruptcy judge says

Mattel Wins Disney Princess Toy Deal, Joining Elsa of 'Frozen' 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.

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.

Verizon's TracFone Customers Complain of Phone-Number Thefts 

Verizon says it has addressed issues that appeared to affect about 6,000 TracFone customers who have had their phone numbers commandeered.

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.


(END) Dow Jones Newswires

January 26, 2022 13:15 ET (18:15 GMT)

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