PepsiCo Boosts Earnings Forecast

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PepsiCo raised its earnings forecast for the year as the snack-and-beverage giant reported a surprise increase in core profit, boosted by lower raw-material costs, despite sliding revenue.

China's Streaming Craze Launches a Billion Shooting Stars

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The owner of streaming app Inke is China’s newest unicorn thanks to a 19-fold increase in value in eight months.

Why Markets Are Riding Such a Long and Narrow Path

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There been much talk about policies that might wake up markets, such as helicopter money, fiscal stimulus, or structural reforms. But little or no action.

Car Makers Rev Up Push Into Electric Vehicles

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At the Paris Auto Show, which begins this week, the world’s biggest auto makers are unveiling plans to accelerate development of electric vehicles.

New Adidas CEO Confronts 'High Bar'

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Kasper Rorsted takes over as CEO of Adidas on Saturday. He joins the sporting-goods maker after leading a turnaround at German consumer-products giant Henkel.

Spotify Streams Into Japan

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Sweden’s Spotify has joined other online music providers trying to crack the Japanese market, where compact discs still dominate.

Music-App Maker Shazam Finally Turns a Profit---But Not From Music

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After 17 years, music-discovery company Shazam Entertainment is turning an operating profit. The app maker earns most of its revenue from advertisers, who pay to use its image-recognition and sound-recognition technology in their marketing campaigns.

Funding Sources Shift for Startups

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Startups are relying more heavily on savings and credit cards and less on two once-common sources of funding, bank loans and home equity, according to an analysis of government data.

Redstone Firm to Call on Viacom, CBS to Weigh Merger

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Weeks after cementing a powerful role in her family’s $40 billion media empire, Shari Redstone is moving to undo the last big strategic move of her ailing father, Sumner Redstone: the divorce of Viacom and CBS.

Costco Must Do More to Battle Amazon

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Costco shares should continue to suffer under the weight of competition from Amazon.com and others.

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