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Japan’s Toyota says profit soared in Jan-March amid pandemic

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TOKYO — Toyota reported Wednesday its profit more than doubled in January-March from a year earlier to 777 billion yen ($7 billion), as the...

Strong sales from Tapestry, Lee maker show clothing rebound

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Strong sales results from Coach's parent as well as from the maker of Wrangler and Lee jeans offer the latest evidence that shoppers' spending...

Beyond Meat falls short of Q1 forecasts due to lower prices

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Plant-based meat company Beyond Meat posted a first-quarter loss Thursday after higher sales were offset by marketing costs and lower prices. ...

GM profit surges to $2.98B on sales of higher-margin trucks

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Detroit — General Motors’ first-quarter net income surged to $2.98 billion as strong U.S. consumer demand and higher prices offset production cuts brought on...

Caterpillar 1Q sales rise as dealers boost inventory levels

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Caterpillar's sales rose in the first quarter as market conditions for the machinery company begin to improve and dealers increase their inventory levels. ...

McDonald’s sales soar on strong US demand

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As America emerges from the pandemic, it's heading to McDonald's. The...

China’s Huawei says sales down 16.5% amid US sanctions

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BEIJING — Embattled Chinese tech giant Huawei said Wednesday first-quarter revenue fell after it sold its lower-priced Honor smartphone brand, but profitability improved. ...

Pizza Hut, KFC, Taco Bell sales bounce as restrictions ease

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LOUISVILLE, Ken. — Profit for the company that runs Pizza Hut, Taco Bell and KFC restaurants more than tripled during the first quarter and...

VW, Ford unveil SUVs at China auto show under virus controls

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SHANGHAI — Volkswagen unveiled an electric SUV made for China ahead of the opening Monday of the Shanghai auto show, the industry’s biggest marketing...

VW, Ford unveil SUVs at China auto show under virus controls

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SHANGHAI — Volkswagen unveiled an electric SUV made for China ahead of the opening Monday of the Shanghai auto show, the industry’s biggest marketing...