Apple Sales Decline as China Market Weighs on Earnings Report

Sales fell for the fourth straight quarter, including a decline in China that came as the company faces a broad economic slowdown in the country and new competition from rival Huawei Technologies. 


 
Block's stock soars as company sets big earnings goal, launches buyback program

Block set a big target for a 2024 earnings metric that vastly exceeded the consensus view, helping to send its stock nearly 20% higher in late trading Thursday. 


 
Yelp Earnings, Revenue Top Estimates

The company's 2023 outlook, however, implies a mixed fourth-quarter forecast. 


 
National Association of Realtors' CEO Stepping Down

Bob Goldberg, who has been NAR's chief executive since 2017, announced in June that he would retire at the end of 2024. But he said he recently decided to accelerate his departure. 


 
Starbucks Partners With Apple on Innovation Store

The coffee chain is collaborating with products of the tech company in its first Green Apron Innovation store. 


 
Goldman Sachs Promotes 608 Managing Directors

Almost half of the new class comes from Goldman's traditional powerhouses, investment banking and trading. 


 
Car Companies Agree to Pay Striking Workers in Unusual UAW Win

Detroit automakers are expected to pay workers about $100 per day on walkout. 


 
Amazon Executives Discussed How Its Policies Hurt Sellers, FTC Suit Says

The executives discussed how its pricing policies had a "punitive aspect" on sellers, according to internal documents quoted in newly unredacted portions of the agency's monopoly lawsuit against the company. 


 
FDA proposes banning ingredient used in fruit-flavored drinks, says it's not safe for humans

Brominated vegetable oil, found in some brands of citrus-flavored soda and fruit punch, can have toxic effects, research shows. 


 
Target CEO says consumers are cutting back - even on food spending

Target's Brian Cornell says consumers are 'healthy' overall, but they're showing signs of financial stress.


(END) Dow Jones Newswires

11-02-23 1915ET