Denmark’s Orsted said it would be forced to write off as much as $5.5 billion as wind developers in the U.S. face wrenching financing costs.
Tag: Company Reports
-
Halloween Shoppers Not Spooked as Economic Slowdown Remains Elusive
From apple picking to skeleton cows, early seasonal spending seems solid. It’s the latest sign that Federal Reserve policy to combat inflation hasn’t tanked growth.
-
Alphabet Has Strong Ad Sales but Cloud Business Disappoints
Google’s parent company reported that sales were up 11 percent from a year ago while profit jumped 42 percent to $19.7 billion.
-
Microsoft Quarterly Results Far Outpace Expectations
Revenue increased 13 percent compared with a year earlier. Profit rose 27 percent.