FedEx 2Q Profit Rises Despite Continued Demand Woes 
 

Revenue fell to $22.2 billion from $22.8 billion a year earlier, missing the $22.36 billion expected by analysts polled by FactSet.

 
Comcast Breach Compromises 36 Million Accounts 
 

Hackers took advantage of a vulnerability in Citrix cloud-computing software and accessed names and Social-Security details, among others.

 
Universal Eyes European Theme-Park Challenge to Disney 
 

The company has bought land north of London while weighing opening a competitor to Paris Disneyland.

 
Starbucks CEO Takes On Chain's Social Media Controversy Over Israel-Hamas War 
 

"We see protestors influenced by misrepresentation on social media of what we stand for," CEO Laxman Narasimhan said in a letter.

 
Volkswagen Job Cuts to Help Save Flagship Brand $4.37 Billion Next Year 
 

Volkswagen has reached a deal with workers that will help its flagship brand save up to $4.37 billion next year by reducing the size of its workforce.

 
U.S. Leads Bid to Secure Red Sea, but Shipping Firms Remain on Edge 
 

Regional politics and well-armed Houthi adversaries in Yemen are among the challenges facing the U.S.-led naval force.

 
Affirm's stock rockets after Walmart expands buy-now-pay-later option to include self-checkout purchases 
 

Shares of Affirm Holdings Inc. soared toward the highest prices seen in nearly two years after the provider of buy-now-pay-later payment options said it has expanded its services with discount retail giant Walmart Inc. to include self-checkout purchases.

 
Court Rejects Claims Linking Tylenol to Autism, ADHD 
 

A judge ruled that plaintiffs in hundreds of lawsuits don't have admissible evidence to support claims that acetaminophen raises risks for fetal development.

 
FactSet Lowers Fiscal-Year Outlook and Plans Cost Cuts 
 

FactSet says some cost cuts will be personnel-related.

 
A Free-World Champion to Rival China: Nippon Chief's Ambitions for U.S. Steel Deal 
 

Nippon Steel President Eiji Hashimoto says the acquisition would boost economic security, but U.S. politicians and workers object.

(END) Dow Jones Newswires

December 19, 2023 19:00 ET (00:00 GMT)