World

People walk past an advertisement for Samsung Galaxy S23 phones at the company’s Seocho building in Seoul on April 7, 2023. Jung Yeon-je | Afp | Getty Images Samsung Electronics posted a second-quarter profit drop Thursday as weak demand for memory chips persists. Here are Samsung’s second-quarter results versus estimates: …

Google Maps app can be seen on a mobile phone. Nasir Kachroo | NurPhoto | Getty Images Google and Apple dominate the market for online maps, charging mobile app developers for access to their mapping services. The other mega-cap tech companies are joining together to help create another option. A …

A Chipotle restaurant in New York, US, on Monday, July 3, 2023. Jeenah Moon | Bloomberg | Getty Images Chipotle Mexican Grill is expected to report its second-quarter earnings after the bell Wednesday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting the company to report: Earnings per share: …

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022.  David Paul Morris | Bloomberg | Getty Images Meta will report second-quarter earnings after market close on Wednesday. Here are the key numbers to watch: Earnings: $2.91 …

WASHINGTON – The Federal Reserve on Wednesday approved a much-anticipated interest rate hike that takes benchmark borrowing costs to their highest level in more than 22 years. In a move that financial markets had completely priced in, the central bank’s Federal Open Market Committee raised its funds rate by a …

This photograph taken on June 14, 2023, shows US company Amazon’s group logo at the Vivatech technology startups and innovation fair at the Porte de Versailles exhibition centre in Paris.  Alain Jocard | AFP | Getty Images Amazon on Wednesday offered commitments to the U.K. Competition and Markets Authority after …

Richard Dickson, CEO of Gap Inc. Courtesy: Gap Inc. Gap announced Wednesday it’s poached a top Mattel executive to be its new CEO as the apparel giant seeks to reverse an ongoing sales slump and regain its relevancy in the fashion industry. Richard Dickson, the president and chief operating officer …

The Samsung Galaxy Fold 5 and Galaxy Z Flip 5. Ryan Browne | CNBC Samsung on Wednesday launched two new folding smartphones that are thinner and lighter than earlier models, as well as a tablet and two new smartwatches. The South Korean electronics giant said its new phones, the Galaxy …

A cargo ship seen from a distance. Nurphoto | Nurphoto | Getty Images A critical system of ocean currents could collapse much sooner than expected as a result of the deepening climate emergency, according to the findings of a new study, potentially wreaking havoc across the globe. Peer-reviewed analysis published …

A Rolls Royce jet engine on display at the Rolls-Royce aircraft jet engine production and repair facility in Blankenfelde on February 28, 2023 near Berlin, Germany. Omer Messinger | Getty Images News | Getty Images LONDON — Shares of Rolls-Royce rocketed to their highest level since the start of the …