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Pfizer Misses Revenue Expectations, Bets on Drug Launches to Ease Shortfall

August 1, 2023 / no comments

The company is rolling out 19 products or new uses within 18 months, CEO Albert Bourla said.

Uber Posts 14% Rise in Revenue as Growth Slows

August 1, 2023 / no comments

The company’s growth decelerated as the rebound from the pandemic normalized and its freight business declined. It also swung to a profit.

The Price of Admission to America’s Museums Keeps Rising

August 1, 2023 / no comments

Their buildings have expanded and expenses have surged, even as attendance slowed. Art lovers will bear the cost: The Guggenheim is the latest to increase its entry fee to $30 — the new normal.

Is a Stronger Yen Lurking Around the Corner?

August 1, 2023 / no comments

The Bank of Japan’s surprising tweak to its monetary policy injects more uncertainty into the yen’s trajectory.

Uber Delivers First-Ever Operating Profit

August 1, 2023 / no comments

The company’s ride-hailing and delivery businesses grew as efforts to stem losses bore fruit.

Caterpillar’s Sales Surge as Construction Booms

August 1, 2023 / no comments

Revenue was lifted by higher sales across all three of its major segments.

Americans’ Thirst for Diageo’s High-End Spirits Slows

August 1, 2023 / no comments

The owner of Johnnie Walker scotch said sales of its $50-a-bottle liquor are growing more slowly as pandemic-era spending patterns fade.

Steve Jobs’s Son Gets Into Venture Capital

August 1, 2023 / no comments

Reed Jobs, 31, is starting an investment firm to focus on new cancer treatments, continuing a yearslong focus on a disease that hits close to home.

Meta Offers to Seek Consent for Highly Personalized Ads in Europe

August 1, 2023 / no comments

Under pressure from privacy regulators, Meta Platforms has proposed asking all users in Europe to decide whether they would like to see ads targeted based on how they interact with its apps.

The Allure of Beauty Stocks Is Fading

August 1, 2023 / no comments

Shares of Ulta Beauty, Sally Beauty and Estée Lauder have tumbled despite the broader market rally.

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