Nintendo's Pandemic Bonanza: a Billion-Dollar Profit
"Animal Crossing: New Horizons" sold more than 10 million copies between April and June.
Bausch Health to Spin Off Eye-Care Business
Bausch Health said it plans to spin off its faster-growing eye-care business from its core pharmaceutical operations, breaking apart a company previous management had built through such acquisitions.
Adidas Swings to Loss But Sees Recovery Under Way
Adidas said it expects revenue to recover as the sports-gear group's stores continue to reopen and digital sales thrive after the coronavirus lockdowns pushed the company into a net loss in the second quarter.
Disney Looks for a Hit Streaming Sequel
The company's first direct foray into streaming has been an undeniable hit. Even the Magic Kingdom might be hard-pressed to keep the spell going.
Toyota Expects to Make $7 Billion Even in a Pandemic Year
Toyota Motor Corp. sees sales rebounding from the coronavirus pandemic faster than it initially expected, leading the company to bolster its sales projections and forecast a nearly $7 billion profit for the full year.
Rocket's Refinance-Fueled Blastoff Might Not Last
Investors buying into the IPO of Rocket Companies, long known by its Quicken Loans brand must account for a likely slowdown in extraordinary mortgage activity.
Glencore Scraps Dividend, Posts Loss as Coronavirus Saps Demand
Commodities giant Glencore reported a loss for the first half of the year and scrapped its dividend, as the coronavirus pandemic sapped demand and lowered prices and production at its mining division.
Calpers Investment Chief to Step Down From Largest U.S. Pension
Ben Meng resigned after about a year and a half in the position, marking an abrupt exit for the investment chief, who set out to implement a reform agenda.
Etsy Might Need to Get Even More Crafty
Online marketplace Etsy reported stellar second-quarter results, but its rapid growth might be running out of legroom.
Facebook, Twitter Take Down Trump Video
Facebook and Twitter removed a video posted by President Trump in which he said children are "almost immune" from Covid-19, a claim that the companies said ran afoul of their rules against harmful misinformation about coronavirus.
