Salesforce Rises on Profit Outlook Driven By Cost Curbs

Amy Weaver is stepping down as chief financial officer Company reports slowest ever year-over-year revenue growth Salesforce Inc. shares rose after the company gave an earnings forecast for the fiscal year that topped analysts’ estimates, seemingly satisfying...

BYD Aims for 50% Overseas Sales as It Posts Strong First Half

Chinese carmaker posted 33% jump in second-quarter net income BYD also building data centers to overcome security concerns BYD Co. expects overseas deliveries to account for almost half of total sales in the future, suggesting it will continue to set up global...

Australian Inflation Cools, RBA Set to Retain Hawkish Bias

Core consumer prices declined for a second month in July Australian government subsidies take effect this quarter A gauge of Australian monthly inflation cooled in July, suggesting price pressures began to ease in the current quarter though not fast enough to warrant...

Kroger Egg Pricing Turns Merger Trial Into Inflation Fight

Price increases on consumer items in spotlight at FTC hearing Agency challenging proposed deal between Kroger, Albertsons Kroger Co. hiked prices on milk and eggs more than needed to account for inflation, the company’s top pricing executive testified during a court...