How This Virginia Aquaculture Farm Raises 4 Million Oysters for Market
Ward Oyster is one of the largest cage oyster farms on the East Coast, selling 4 million oysters and tens of millions […]
Venture Capitalist Seeks to Spur Drug Development for Rare Autoimmune Disease
Venture capitalist Luke Evnin has financed several successful biotechnology startups that develop treatments for cancer. Now he is encouraging drugmakers to tackle another disease: […]
In Ukraine, a Surge in Amputations Reveals the Human Cost of Russia’s War
Tens of thousands of Ukrainians have lost limbs since the start of the war, according to new estimates, a toll not seen […]
BP Profit Declines More Steeply Than Peers’
Second-quarter earnings fell almost 70% from a year-ago bonanza. The London-based oil major boosted its dividend and continued to buy back shares.
BMW Lifts Margin Guidance, Flags Cosst Rise
BMW said the auto segment EBIT margin for 2023 is forecast to be 9% -10.5%, with deliveries expected to see “solid growth” […]
Moscow Skyscraper Struck Again in New Drone Attack
Russia blamed Ukraine for an alleged drone attack that struck a building in Moscow’s business district. The same building was struck days […]
U.S. Women Advance to World Cup Knockout Stage With 0-0 Draw With Portugal
The Americans settled for second place in their group after mustering four goals in three games.
Glynn’s Take: Australia’s Economy on Track for Soft Landing as Lowe Prepares Exit
As Philip Lowe prepares to leave his job as the governor of the Reserve Bank of Australia, it is likely he will […]
Mitsubishi UFJ Financial Group’s Net Profit Rose Sharply
Mitsubishi UFJ Financial Group’s first-quarter net profit rose sharply from a year earlier, thanks to gains on debt securities, higher fees and […]
Diageo Profits Rise; Backs Medium-Term Guidance
Diageo reported profits and sales for fiscal 2023 that came in below expectations, despite abaove-consensus organic net sales growth of 6.5%, and […]
BP Misses Forecasts But Starts Buyback
BP posted a sharply lower replacement-cost profit of $2.6 billion in the second quarter, hit by weaker oil-and-gas trading, and launched a […]
Atos in Talks to Sell Tech Foundations Arm
Atos is in exclusive talks to sell its Tech Foundations business to EP Equity Investments for €2 billion, including debt.