GM Reinstates Quarterly Dividend Suspended in April 2020 

Executives say progress on key initiatives gave the company confidence to reinstate the quarterly dividend and resume share repurchases.

Wayfair to Lay Off About 5% of Global Workforce 

The Boston-based furniture and home-goods company said it expects the layoffs to cost between $30 million and $40 million.

Regal Cinemas Owner Cineworld Prepares for Bankruptcy Filing 

Theater admissions aren't recovering fast enough for the world's second-largest cinema chain to avert insolvency.

Deere's Profit Rises on Demand for Farm, Construction Equipment 

Inflationary pressures and supply-chain snarls created challenges in the third quarter.

For Bed Bath & Beyond, Investor's Turnabout Adds to Problems 

Ryan Cohen's sale of his 10% stake adds to the uncertainty at a retailer that is bleeding customers and cash.

Grubhub's Owner Begins a Necessary Slim Down 

After years of swallowing new businesses, Grubhub's owner has begun a painful but much-needed purge.

Foot Locker Names Mary Dillon as Next CEO 

The former Ulta boss is taking the helm of the athletic-goods chain as it tries to shift out of shopping malls and lessen its dependence on Nike.

Sprouts Farmers Market Could Blossom 

Focus returns to growth story as the company's comparable-store sales stabilize.

Starbucks Replacement Opens in Russia With Similar Look 

Starbucks's former flagship store in Moscow reopened under new ownership but with similar branding, months after the Seattle-based coffee giant pulled out of Russia.

Xiaomi's Second-Quarter Net Profit Fell 83% on Weaker Smartphone Revenue 

Xiaomi Corp. said its second-quarter net profit fell 83% from a year earlier due partly to weaker smartphone revenue.


(END) Dow Jones Newswires

August 19, 2022 09:00 ET (13:00 GMT)

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