FAA Says Airlines Should Check Seat Installation on Some Boeing Planes
According to a report, seats on some of the aircraft maker's models weren't correctly installed in their seat tracks, the Federal Aviation Administration said.
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UPS Stock Rises on Strong Earnings. The Worst Should Be Over.
United Parcel Service reportes adjusted second-quarter earnings per share of $1.76. Wall Street was looking for $1.66.
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Centene Raises 2026 Outlook on Profit, Revenue Growth
Centene lifted its guidance for the year after revenue and profit growth in the second quarter were driven by strength in its core government-sponsored and individual healthcare lines.
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Hilton Raises Outlook on Higher Revenue, Hotel Rates
The hotel company posted a second-quarter profit of $482 million, or $2.10 a share, compared with $440 million, or $1.84 a share, a year earlier.
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Unilever Raises Outlook After Quarterly Sales Volume Growth Hits 16-year High
Shares were almost 6% higher after the consumer-goods company's underlying sales growth accelerated to 5.8%-well above company-compiled estimates.
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Barclays Raises Key Targets
The British bank raised its group income and its net interest income targets after its second quarter was boosted by its global markets unit and investment banking fees.
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Singapore Airlines Swings to Loss as Fuel Prices, Air India Weigh
Singapore Airlines posted its first quarterly net loss since 2022 despite higher revenue, dragged by soaring jet-fuel prices amid Middle East tensions and a higher share of losses from Air India.
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The Price to Finance the AI Data Center Boom Is Rising, Just Ask Meta
Meta's data-center project priced a $12.5 billion offering with a higher interest rate than a similar deal last year, as AI companies flood the market with new debt.
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Big Tech Stocks Are Pricing In a Miracle on Costs
Analysts' models are assuming new efficiencies, but some of the numbers look too good to be true.
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Meta Is Fighting a Mountain of Social-Media Lawsuits-at Just the Wrong Time
In the midst of an expensive AI transformation, the company is grappling with litigation that could cost it billions and force painful changes.
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Johnson & Johnson Agrees to Pay $5.5 Billion to Settle Talc Lawsuits
The drugmaker aims to put an end to litigation that has been going on for more than a decade.
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LVMH's Mainstay Fashion Arm Returns to Growth, Boosting Hopes of Luxury Recovery
The French luxury-goods conglomerate reported sales of $22.20 billion for the second quarter, offering signs of relief for the European luxury sector.
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Mercedes-Benz Cuts Sales Guidance Amid Worsening Chinese Market
The company expects to sell slightly fewer cars this year than last, and group revenue is also expected to come in slightly below last year.
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Safran Lifts Guidance on Strong Demand for Civil Engines, Parts
The aerospace-industry supplier raised its full-year guidance, citing stronger-than-expected demand for LEAP civil aircraft engines and spare parts.
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Philips Shares Fall After Orders Slip
Shares in Philips fell as much as 11% in early European morning trade, wiping out the stock's gains since the start of the year.
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Warner Bros. Stock Hits Lowest Price Since Paramount Deal: Merger Odds Around 50%
Shares of both companies declined after Paramount disclosed it was delaying its merger.
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Union Pacific, Norfolk Southern File Supplemental Information to STB on Merger
The companies added commitments, including expanded gateway pricing, to ensure the combined railroad will provide faster, more reliable service as promised.
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Coca-Cola Earnings Will Test Whether Beverage Demand Still Has Fizz
Coca-Cola is scheduled to report second-quarter earnings before the market opens on Tuesday.