Home Depot Profit Falls As Home Improvement Downturn Continues
Home Depot reported lower fourth-quarter profit as economic uncertainty, high interest rates and a stagnant housing market continue to weigh on home improvement activity.
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Novo Nordisk, United Laboratories Say New Obesity Drug Helps Patients Lose Weight in Trial
Novo Nordisk said an experimental obesity drug it is jointly developing with China's United Laboratories International Holdings helped patients lose weight in a midstage clinical trial in China.
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Singapore Airlines Posts Record Revenue on Strong Demand, Net Profit Slumps
Singapore Airlines posted record quarterly revenue, buoyed by robust travel demand, but its net profit slumped due to the absence of a one-off gain that boosted the previous year's earnings.
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Fresenius Medical Care Outlook, U.S. Performance Underwhelms
Shares in the dialysis specialist were down 7.1% in European midday trade, with the decline erasing gains since the start of 2026.
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FedEx Files Lawsuit Against U.S. Seeking Refund of Tariffs
The logistics company is seeking a full refund plus interest for what it paid in trade duties stemming from President Trump's tariffs enacted last year.
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Apple Plans to Manufacture Mac Mini in Houston
The company will move some production of the desktop computer to a Foxconn facility in Texas.
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Workday Reports Earnings While Software Stocks Crumble
Workday stock was down over 50% during the past year, while the S&P 500 Index rose by 15%.
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Standard Chartered Profit Misses Views, Announces $1.5 Billion Buyback
The lender said its underlying return on tangible equity, a key profitability measure, reached 14.7% in 2025, exceeding its 13% target a year early.
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BYD Opens 2026 With Blockbuster Sales Growth in Europe
The Chinese auto giant logged a nearly threefold increase in European sales last month, outselling Tesla. Volkswagen, BMW and Renault all reported declines.
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Jamie Dimon Dismisses Fears Over How AI Will Hit JPMorgan
The bank's top executives held an in-person update with investors in Manhattan after some 20 inches of snow fell in New York City.
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Jane Street Accused of Insider Trading That Helped Collapse Terraform
The court-appointed administrator of Do Kwon's Terraform Labs alleged that Jane Street used nonpublic information from Terraform insiders to trade.
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Uber to Acquire Parking App SpotHero
Uber said it plans to focus on parking for commuters, as well as at events, venues and airports.
(END) Dow Jones Newswires
February 24, 2026 07:00 ET (12:00 GMT)
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