American Express Profit Falls, Revenue Increases
The credit-card company's fourth-quarter profit declined from a year ago but its revenue increased.
5G's Growing Costs Sting Swedish Telecom Giant Ericsson
Ericsson returned to profit in the fourth quarter but concerns about higher costs associated with new fifth-generation mobile networks and a slowdown in North America sent its shares down more than 7%.
Deutsche Bank Appoints Former German Foreign Minister to Board
Deutsche Bank said that it has picked Sigmar Gabriel, a former minister in German Chancellor Angela Merkel's government, to join its board, after the appointment of another nominee fell through.
Consumer Giants Are Struggling to Slim Down
The fastest way for consumer-product manufacturers to improve sales growth-their No. 1 priority-is to unload unfashionable brands that are dragging down their performance. So it is a puzzle why they are selling so little.
Bayer Gains on Roundup-Settlement Report
Bayer shares were trading around 3% higher, buoyed by a report that the German conglomerate could settle its weed killer legal cases for around $10 billion.
U.S. Moves to Curb E-Commerce Counterfeiting
The Trump administration is warning online sellers and warehouse operators they will face greater scrutiny and penalties if they don't help stem the rising tide of fakes sold on the internet.
Uber Braces for Clash With EU Cities on Scooter Data
Uber said several European cities have told the company they want it to share data about usage of its electric scooters and bicycles, setting up potential privacy disputes similar to the one between Uber and Los Angeles.
No, Tesla Isn't Bigger Than Volkswagen
But its stock price reflects that unlike the industry leader or GM, Elon Musk's car maker has little to lose in the journey to a greener future.
New Warehouse Supply Projected to Exceed Demand Over Next Two Years
Developers are expected to deliver about 301 million square feet of new warehouse space in the U.S., Canada and Mexico this year, while tenants will lease about 242 million square feet, according to a new report from Cushman & Wakefield PLC.
Ericsson Slumps Amid Higher Costs
UPDATED: Ericsson shares fell as much as 8.2% in early trade after the company's fourth-quarter earnings were weighed by higher costs.
(END) Dow Jones Newswires
January 24, 2020 09:15 ET (14:15 GMT)
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