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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Alimentation Couche-Tard Ends Bid to Buy Seven & I Holdings

Leaders at Couche-Tard, which operates the Circle K chain as well as its namesake banner in Canada, said Seven & i's leadership hasn't cooperated in meetings and has withheld information needed to close the deal.

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New Details in Air India Crash Probe Shift Focus to Senior Pilot

A black-box recording and report details indicate that the flight's captain switched off fuel flow to engines.

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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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Santos Second-Quarter Output Rises as Takeover Campaign Continues

Santos reported a 1% rise in quarterly oil and natural gas production as it waits on a consortium led by Abu Dhabi's national oil company to firm up a $18.72 billion takeover bid.

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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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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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Goldman Sachs Profit Surges on Higher Trading Revenue

The bank led a broad surge in trading revenue across Wall Street in the second quarter, fueled by market volatility set off by President Trump's tariffs.

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Johnnie Walker Owner Diageo Replaces CEO as Challenges Mount

Diageo said Chief Executive Officer Debra Crew stepped down after two years in the role, as the world's largest spirits maker grapples with a pullback in alcohol consumption and tariff uncertainty.

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Barclays Fined $56 Million for Money-Laundering Failures

The U.K. bank has been fined for lapses in dealings with risky customers, including a client tied to one of Britain's biggest money-laundering cases.

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Morgan Stanley Profit Rises on Trading Boost

Morgan Stanley's second-quarter profit rose, buoyed by a surge in its trading business during tariff-related market turmoil.

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J&J Raises Full-Year Outlook After Beating Profit Expectations

Johnson & Johnson boosted its full-year outlook as it posted better-than-expected profit and sales in the second quarter.

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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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Ubisoft Names Co-CEOs of Tencent-Backed Subsidiary

Ubisoft Entertainment appointed two co-chief executives to lead a new subsidiary that the Assassin's Creed maker is creating with financial support from Chinese internet giant Tencent Holdings.

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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 16, 2025 21:00 ET (01:00 GMT)

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