American Express Posts an Earnings Miss. But the Stock Rises on Dividend Boost. 

AmEx is lifting its quarterly dividend by 15% to 60 cents a share.

Chevron Rides High Oil Prices to Record $35.5 Billion Annual Profit 

The oil company's profit milestone is about one-third higher than its prior peak.

Goodyear to Cut 500 Jobs, Warns of Earnings Shortfall 

The tire maker is shedding roughly 5% of its salaried staff around the world, joining a raft of companies trimming their head counts.

Selloff in Adani Stocks Wipes Out $47 Billion in Market Value 

Five of the seven listed Adani Group companies ended 16% to 20% lower, hit by a short seller's allegations of fraud involving the Indian conglomerate.

CVS, Walmart to Cut Pharmacy Hours 

Operating schedules remain a "pain point" for pharmacists as drugstore chains seek to improve the work environment.

Louis Vuitton's Owner Is Still Reading China's Tea Leaves 

The French luxury company reported record sales in 2022 thanks to American spending, but it's too early to say if China will follow.

Tesla Has Become One of the Hottest Stock-Option Trades on Wall Street 

Traders have spent $700 billion on options tied to the electric-vehicle maker over the past 13 months.

Infrastructure Companies Say Suppliers Pose a Growing Cyber Threat 

Companies in critical infrastructure sectors say weak cyber defenses at suppliers are becoming a significant threat to their business, and that rules to boost security down the supply chain might be needed.

Intel's Data Warning Hits AMD, Nvidia. Clouds Gather. 

Stocks fall as worrying forecast spreads contagion in the market.

H&M Profit Battered by Rising Costs, Russia Exit 

The fast-fashion giant reported a 68% decline in annual profit after economic and geopolitical challenges hampered its efforts to rebound from the Covid-19 pandemic.


(END) Dow Jones Newswires

January 27, 2023 09:15 ET (14:15 GMT)

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