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Financial performance

As Art Basel opens, buyers confront a ‘cooling’ but still very active market

by Shawn Butlere
As Art Basel opens, buyers confront a ‘cooling’ but still very active market

rewrite this content and keep HTML tags BASEL, Switzerland — Multimillion-dollar works by Jean-Michel Basquiat, Yayoi Kusama and Alberto Giacometti went on the market this week as the Art Basel …

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Categories Entertainment

Japanese game maker Sega Sammy sells resort to US fund

by Shawn Butlere
Japanese game maker Sega Sammy sells resort to US fund

rewrite this content and keep HTML tags TOKYO — Sega Sammy is selling its resort complex Seagaia to Fortress Investment Group of the U.S., the Japanese entertainment company said Friday. …

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Categories Entertainment

Nintendo to announce Switch successor in this fiscal year as profits rise

by Shawn Butlere
Nintendo to announce Switch successor in this fiscal year as profits rise

rewrite this content and keep HTML tags TOKYO — Japanese video-game maker Nintendo said Tuesday that it will make an announcement about a successor to its Switch home console sometime …

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Categories Entertainment

GE’s stock drops after downbeat outlook for last full quarter before breakup

by Albert Wagner
GE’s stock drops after downbeat outlook for last full quarter before breakup

Shares of General Electric Co. GE, -0.14% pulled back Tuesday, after the aerospace, power and renewable-energy company’s disappointing profit outlook for the current overshadowed a fourth-quarter earnings beat that was …

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Categories Trending Now

Drugstore chain Walgreens cuts quarterly dividend to get more cash to grow its business

by Shawn Butlere
Drugstore chain Walgreens cuts quarterly dividend to get more cash to grow its business

Walgreens is chopping its dividend nearly in half as the drugstore chain looks to strengthen its balance sheet. The health care giant said Thursday that reducing its quarterly payout to …

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Categories Health

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