Tag: Corporate news
Stocks edge lower, easing indexes below recent record highs
Stocks edged lower Thursday, pulling major indexes a bit further below the record highs they marked at the beginning of the week. Investors continue...
U.S. factory output dips 0.1% in June on auto chip shortage
WASHINGTON — U.S. factory output slid last month as a shortage of computer chips disrupted auto production.
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Stocks edge lower, easing indexes below recent record highs
Stocks edged lower Thursday, pulling major indexes a bit further below the record highs they marked at the beginning of the week. Investors continue...
Johnson & Johnson recalling sunscreens due to benzene traces
Johnson & Johnson said Wednesday that it is recalling five of its sunscreen products after some samples were found to contain low levels of...
With taxpayers’ help, Delta posts $652 million profit in 2Q
Delta Air Lines is reporting a $652 million profit in the second quarter, helped by hordes of vacation travelers in the U.S. and money...
Wells Fargo swings to profit in 2Q, revenue rises
Wells Fargo & Co. swung to a profit of $6 billion in second quarter, after reporting a loss in the same period a year...
Wells Fargo beats expectations with $6 billion profit in 2Q
SILVER SPRING, Md. — Wells Fargo had its most profitable quarter in two years, easily beating Wall Street estimates as the global economy continues...
Citigroup profits soar due to fewer bad loans
NEW YORK — Citigroup profits jumped more than five fold from a year earlier, helped by an improving economy that resulted in fewer bad...
Kyle Larson lands extension, full sponsorship through 2023
CHARLOTTE, N.C. — Rick Hendrick gave Kyle Larson a second chance in NASCAR because Hendrick Motorsports had wanted him in its lineup for years....
Report: Appalachian states face billions in mining cleanup
LOUISVILLE, Ky. — The cleanup and reclaiming of coal mines in seven Appalachian states will cost billions, and Kentucky and West Virginia have the...