ViacomCBS’s first-quarter net income beat expectations on strong streaming revenue during a quarter when the company streamed the Super Bowl and introduced its rebranded streaming service Paramount+. ViacomCBS rebranded its streaming service formerly called CBS […]
WASHINGTON (AP) — U.S. productivity posted a sharp rebound in the January-March quarter after having fallen in the previous quarter. Labor costs declined slightly. The Labor Department reported Thursday that productivity increased at an annual […]
NEW YORK (AP) — Peloton is recalling its treadmills after one child died and 29 other children suffered from cuts, broken bones and other injuries from being pulled under the rear of the treadmill. The […]
MILAN (AP) — The Stellantis automotive company has reported a 14% increase in first-quarter revenues despite a drop in production due to the semiconductor shortage. Stellantis was created out of the merger of Fiat Chrysler […]
WASHINGTON (AP) — Activity in the U.S. services sector, where most Americans work, slowed slightly in April after hitting an all-time high in March. The Institute for Supply Management said its monthly survey of service […]
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