News

Atlas Copco Earnings Miss Forecasts as Orders Drop
"While the outlook for the global economy continues to be uncertain, Atlas Copco Group expects that the customer activity will remain at the current level," the company said in a statement. Overall, ...
Bristol Myers Posts Mixed Reblozyl Results in Myelofibrosis-Associated Anemia
Bristol Myers on Friday said the Phase 3 study of Reblozyl with concomitant janus-kinase-inhibitor therapy didn't meet its primary endpoint of red-blood-cell transfusion independence in adults with ...
Meta Won't Sign EU's AI Code of Practice, Chief Global Affairs Officer Says
Meta Platforms won't sign the European Union's code of practice for general-purpose artificial intelligence because it adds legal uncertainty and brings in measures that go beyond the scope of AI ...
American Express 2Q Revenue Rises on Card Fee Growth
American Express posted higher revenue in the second quarter, driven by a 20% jump in card fees. The New York bank on Friday posted a profit of $2.89 billion, or $4.08 a share, in the second quarter, ...
3M's stock leaps toward a 4-year high as lower tariff costs boost profit outlook
Shares of 3M Co. rallied toward a fresh four-year high in early Friday trading, after the maker of Post-it Notes, Scotch tape and Command strips raised its full-year profit outlook, after a quarterly ...
American Express earnings show healthy growth in spending
American Express Co. saw an acceleration in spending growth during the latest quarter, showing that the company's customers continue to pull out their wallets despite economic jitters.
The Global Risks That Come With the Loss of an Independent Fed
Top News The Global Risks That Come With the Loss of an Independent Fed Shielded from White House interference, the independent Fed has increasingly served as an anchor for U.S. and global markets, ...
BlackSky Shares Drop After Pricing of Upsized Notes Offering
The conversion rate for the notes will initially be 27.1909 shares of BlackSky's class A stock per $1,000 of notes, which is equivalent to an initial conversion price of roughly $36.78 a share. That ...
Customers were already tipping less. 'No taxes on tips' could shrink workers' pay even more.
Many tipped workers don't stand to take home more of their paycheck under the provision. Nearly 40% of tipped workers in the U.S. have incomes so low that they didn't have to pay any federal income ...
3M Boosts Fiscal Year Outlook After 2Q Beat
3M raised its full-year earnings outlook after beating expectations in the second quarter. The maker of Post-it Notes and Scotch tape on Friday posted a profit of $723 million, or $1.34 a share, in ...
'Even God would get fired.' The lessons this fund manager is taking from stock-market drawdowns and recoveries.
Fed Gov. Christopher Waller, after the stock market closed on Thursday night, made his case for interest-rate cuts, citing ...
3M's stock rallies toward a 4-year high after an earnings beat and raised outlook
Shares of 3M Co. (MMM) rallied 2.5% in premarket trading Friday, toward a fresh four-year high, after the maker of Post-it Notes, Scotch tape and Command strips reported second-quarter results that ...