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Earnings Report

Department stores: Macy's sales fall, Kohl's profit drops

Macy's sales fell as it had a hard time pulling shoppers through its doors and Kohl's reported a drop in quarterly profit Thursday, underscoring just how challenging the holiday shopping season will be for department store chains.

News Corp posts 1Q profit on lower expenses

Wall Street Journal owner News Corp reported a quarterly profit on Thursday, compared with a year-ago loss, driven by a tight control on expenses amid a decline in print advertising sales.

News Corp posts 1Q profit on lower expenses

Wall Street Journal owner News Corp reported a quarterly profit on Thursday, compared with a year-ago loss, driven by a tight control on expenses amid a decline in print advertising sales.