Google Management Shuffle Points to Retreat From Alphabet Experiment
Sundar Pichai's appointment as CEO of Google parent Alphabet Inc. effectively shifts the focus back on the company's advertising profit machine and away from its "moonshots" and other potential new businesses.
Aramco Valued at $1.7 Trillion in World's Biggest IPO
Saudi Aramco priced its initial public offering Thursday at the high end of the targeted range to give the oil giant a total value of $1.7 trillion in the world's biggest-ever IPO.
Uber Report Details Sexual Assaults in U.S. Over Two Years
Uber Technologies said it received 5,981 reports of sexual assault involving U.S. passengers or drivers during 2017 and 2018, underscoring the risk that has been a chief criticism of ride-hailing companies around the world.
Biogen Details Case for Controversial Alzheimer's Drug
Biogen tried to make the case for why two aborted studies of its experimental Alzheimer's disease drug support its plan to seek approval from U.S. regulators, but skeptics said they remained unconvinced that the drug is effective.
Smith & Wesson Parent Sees Higher Gun Sales
American Outdoor Brands, Inc., the parent of Smith & Wesson, provided more evidence that demand for guns was stabilizing, with full-year sales and profit guidance that topped analysts' expectations
Skin- and Hair-Care Products Lift Ulta Beauty's Sales
Ulta Beauty posted higher sales in the latest quarter, driven by strength in the cosmetics company's skin-care and hair-care categories.
Twitter Sells Bonds at Low Rate
Twitter sold its first-ever unsecured bonds on Thursday at a lower interest rate than initially expected, reflecting robust demand from investors drawn to the social-media company's ample cash flow.
Slack Gets Ahead of the News
At least give Slack Technologies credit for not ignoring the elephant in the room. And Microsoft is an awfully big elephant.
Overtime, Gen Z Sports Oasis, Looks to Raise $40 Million
Overtime initially won notice for posting high-school game highlights and other sports videos on social platforms such as Instagram, YouTube and TikTok but has since expanded to long-form original shows, merchandising and live events.
Tiffany Dragged Down by Weak U.S. Demand
Tiffany reported flat quarterly sales as softness in the U.S. market offset growth in mainland China, highlighting the challenges LVMH faces once it takes over the famed American jeweler.