Amazon's Newest Competitors Are Stepping Into Its Territory

Shein and TikTok are expanding in Amazon's backyard and recruiting its employees. 


 
Disney Turns to Taylor Swift, 'Fortnite' to Bolster Its Fortunes

CEO Bob Iger is charting the entertainment giant's future, from investment in Epic Games to exclusive concert footage, streaming sports and a "Moana" sequel. 


 
PayPal earnings outlook disappoints as CEO says he's looking to rebuild trust

PayPal's CEO says he wants to "put points on the board" before factoring new products into forecasts. 


 
AGL Energy Narrows Annual Profit Guidance

The company also expects a full-year underlying net profit of A$680 million-A$780 million, representing a tighter range than before. 


 
After 'Barbie' boom, Mattel is cutting costs - and buying back stock

The toy maker's cost cuts would follow layoffs by rival Hasbro amid a slowdown in demand for toys. 


 
Arm stock soars 20% as chip maker sees 'signs of recovery' in broader market

U.S.-listed shares of Arm Holdings PLC rallied 20% after hours Wednesday after the chip designer raised guidance for the year, saying it is seeing green shoots in the semiconductor market. 


 
New York Community Bancorp looks to sell rent-regulated commercial real estate after surprise quarterly loss

The loan sale relates to three rent-regulated properties in New York City, a pain point for lenders. 


 
Carlyle Revamps Pay Structure While Setting New Financial Targets

The private-equity firm swung to quarterly loss but saw its stock-price rise after it unveiled a pay overhaul that will give investors a bigger piece of management fees. 


 
Lincoln Center Chief to Depart to Run Brunswick Group

The advisory firm has tapped Henry Timms to be its next global CEO. 


 
Ford Could Get 50% More Profit Without EVs

Delaying investments in the technology will boost earnings but also prolong a messy transition.


(END) Dow Jones Newswires

02-07-24 2115ET