TSMC Profit Surges to Record Despite Tariff Cloud
The world's largest contract chip maker's robust results are the latest sign that the AI wave remains strong.
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Novartis Launches Buyback of Up to $10 Billion, Lifts Profit Outlook
The pharmaceutical company raised its full-year profit guidance after continued demand for key drugs fueled growth in second-quarter sales and earnings.
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Canadian Suitor of 7-Eleven Owner Abandons Its Multiyear, $47 Billion Bid
Couche-Tard said Seven & i's leadership hasn't cooperated in meetings and has withheld information needed to close the deal.
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Volvo Car Swings to Net Loss on Hit From Restructuring and Impairments Charges
The company faced 1.4 billion kronor in restructuring charges and 11.4 billion kronor in impairments, but said its turnaround program was starting to yield results.
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South Korea's Top Court Upholds Acquittal Ruling on Samsung Chairman
The Supreme Court upheld the lower courts' acquittal ruling on Samsung Electronics Chairman Lee Jae-yong to clear him of criminal charges linked to a company merger a decade ago.
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Labubu Is All the Rage. They're Fueling Monster Gains for This Stock.
Forget Barbie. This Chinese toy giant, fueled by viral plushies and celebrity endorsements, just blew past Hasbro and Mattel with explosive revenue and profit growth.
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United Airlines Says It's More Confident in Travel Rebound
The airline reset its profit guidance for the year, citing improved travel appetite after economic turmoil and flight disruptions depressed bookings this spring.
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Bank CEOs Are Coming Out Fighting for Fed Independence
David Solomon, Brian Moynihan and Jane Fraser speak out, joining defenders of the U.S. central bank.
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Trump Says Coca-Cola to Use Cane Sugar in Coke
Coca-Cola says more details are to come. Health Secretary Robert F. Kennedy Jr. has criticized the use of high-fructose corn syrup.
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PepsiCo Turnaround Plan Is Key When It Reports Earnings
PepsiCo's beverage segment continues to lose share, and its formerly fast-growing snack business is being hit by weak consumer spending amid inflation fears.
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Kinder Morgan Results Boosted by Natural Gas Demand
The Houston-based energy infrastructure company said its net income was driven by increased financial contributions from its natural gas pipelines and terminal business segments.
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Alcoa Posts Higher Second-Quarter Earnings Despite $115 Million in Aluminum Tariff Costs
Alcoa reported a higher second-quarter profit, topping analyst expectations, and said it mitigated U.S. aluminum tariff costs by redirecting Canadian aluminum to customers outside of the U.S.
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Prologis Ramps Up Plans for New Warehouse Construction
The industrial property developer is seeing growing demand for space built specifically for a particular tenant.
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Sarepta Therapeutics to Restructure, Lay Off 500 Workers
The gene-therapy company is restructuring, laying off 36% of its workforce and making changes to its executive team.
(END) Dow Jones Newswires
July 17, 2025 03:00 ET (07:00 GMT)
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