A dried cracked lake bed at Lake Oroville during a drought in Oroville, California, U.S., on Monday, Oct. 11, 2021. David Paul Morris | Bloomberg | Getty Images The megadrought gripping the American West has generated the driest two decades in the region in at least 1,200 years, and human-caused climate change has fueled the
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Gold medalist USA’s Nathan Chen celebrates at the Beijing 2022 Winter Olympic Games on February 10. Sebastien Bozon | AFP | Getty Images The 2022 Winter Olympics is well underway in Beijing, and more than 200 medals have already been awarded to athletes from around the world. Finishing on the podium is a matter of
In this article MAT HAS Customers shop for toys at a Target store on October 25, 2021 in Houston, Texas. Brandon Bell | Getty Images Hasbro and Mattel have very different ideas about the future of the toy industry. While both of the country’s dominant toy companies reported strong revenue increases during the crucial holiday
In this article YUM People eat at a newly-opened Taco Bell restaurant in Beijing on August 21, 2020. Greg Baker | AFP | Getty Images Taco Bell is accelerating its growth outside the U.S., opening 25% of its international restaurants in just the last two years. The Yum Brands chain announced Tuesday that it opened
A sign above the entrance to the Credit Suisse Group AG headquarters in Zurich, Switzerland, on Monday, Nov. 1, 2021. Thi My Lien Nguyen | Bloomberg | Getty Images LONDON — Credit Suisse on Thursday announced that it swung to a loss in 2021, after a tumultuous year led to a significant increase in litigation
In this article DHER-DE The logo of German food delivery service Delivery Hero. Sean Gallup | Getty Images European food delivery firm Delivery Hero saw its share price plunge Thursday after announcing earnings guidance that disappointed traders. The Germany-based company said it generated 9.6 billion euros ($11 billion) in gross sales volume in the fourth
In this article PEP In this photo illustration PepsiCo products are shown on October 05, 2021 in Chicago, Illinois. Scott Olson | Getty Images PepsiCo on Thursday beat expectations for fiscal fourth-quarter earnings and revenue, but warned of cost pressures ahead from the rising price of transportation and packaging. Shares rose about 1% in premarket
In this article KO A woman is drinking Coca-Cola near Playacar Beach in Playa del Carmen. Artur Widak | NurPhoto | Getty Images Coca-Cola is expected to report its fourth-quarter results before the bell on Thursday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: 41 cents expected Revenue: $8.96 billion
In this article TWTR A person in a mask walks by the New York Twitter offices after they announced they will close their re-opened offices effective immediately in response to updated CDC guidelines during the outbreak of the coronavirus disease (COVID-19) in Manhattan, New York City, U.S., July 29, 2021. Andrew Kelly | Reuters Twitter
Andrew Harrer | Bloomberg | Getty Images Zillow shares soared as much as 20% in extended trading on Thursday after the digital real estate company said it’s getting out of the home-flipping business more quickly and economically than it previously expected. Zillow’s fourth-quarter earnings report follows a disastrous stretch for the company, after an attempt
Affirm Holdings Inc. website home screen on a laptop computer in an arranged photograph taken in Little Falls, New Jersey. Gabby Jones | Bloomberg | Getty Images Affirm stock dropped as much as 26% on Thursday after the company reported second-quarter results ahead of schedule. Here’s how the company did versus Refinitiv consensus expectations for
In this article UAA Under Armour shoes are seen inside of a store on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Under Armour on Friday reported fiscal fourth-quarter profits and sales ahead of analysts’ estimates, fueled by year-over-year growth in North America. Its shares whipsawed in premarket trading, recently falling less