Business

John Morrissey serves pints of Guinness at a traditional Irish pub in Dublin on May 21, 2024, in Dublin, Ireland.Nurphoto | Nurphoto | Getty ImagesShares of spirits giant Diageo tumbled more than 10% on Tuesday morning, after the Johnnie…

A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom.John Keeble | Getty Images News | Getty ImagesBritish oil giant BP on Tuesday reported stronger-than-expected net profit for the…

McDonald's fast food restaurant in Manhattan, New York, United States of America, on July 6th, 2024. Beata Zawrzel | Nurphoto | Getty ImagesAfter a challenging second quarter, McDonald's executives told restaurant operators and analysts…

New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership's lot on October 03, 2023 in Miami, Florida.Joe Raedle | Getty Images News | Getty ImagesDETROIT – The last time shares of Ford Motor dropped by more than 18% in a day, as they…

In this photo illustration, bottles of Heineken beer are displayed on July 31, 2023 in San Anselmo, California. Justin Sullivan | Getty ImagesHeineken shares opened nearly 7% lower on Monday, after the brewing giant's first-half profit…

The Philips office building in Warsaw, Poland, on July 29, 2021.Nurphoto | Nurphoto | Getty ImagesShares of Dutch device maker Philips jumped more than 8.5% in early deals Monday after the company reported better-than-expected…

A McDonald's restaurant is viewed on July 22, 2024 in Burbank, California.Mario Tama | Getty ImagesMcDonald's is expected to report second-quarter earnings before the bell on Monday.Here's what Wall Street analysts surveyed by LSEG are…

When I was a cub reporter in Los Angeles, covering crime for the now-deceased Los Angeles Herald Examiner, we used to joke that we should never let the facts get in the way of a good story. It was a horrendous paper — don't ask me what I…

The McDonald's logo is displayed at a McDonald's restaurant in Burbank, California, on July 22, 2024.Mario Tama | Getty ImagesSubway started phasing out its $5 footlong sandwiches a decade ago. But these days, other fast-food chains have…

Dexcom shares sank more than 40% on Friday and headed for their worst day ever after the diabetes management company reported disappointing revenue for the second quarter and offered weak guidance. The stock fell $45.38 to $62.47 as of…

An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open the way for a widely anticipated September interest rate cut.The personal consumption expenditures price index increased…

The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, on Dec. 27, 2023.Adam Glanzman | Bloomberg | Getty ImagesBristol Myers Squibb on Friday reported second-quarter earnings and revenue…

The Dexcom logo is seen on a smartphone screen and in the background.Pavlo Gonchar | SOPA Images | Lightrocket | Getty ImagesShares of Dexcom tumbled more than 35% in extended trading Thursday after the diabetes management company reported…

Shares of Honeywell slid Thursday as strong second-quarter results are being overshadowed by a mixed update to management's outlook for the remainder of the year. But we're looking through the weakness on a belief that the industrial…

Dover on Thursday delivered better-than-expected second-quarter earnings and raised its full-year guidance — an all-around strong report that validates our decision to take a stake in the industrial name two months ago. Revenue in the three…

Hasbro board games are seen for sale at a Target store on December 12, 2023 in Austin, Texas. Brandon Bell | Getty ImagesToy company Hasbro beat Wall Street expectations for the second-quarter on Thursday, thanks in part to growth in its…

Gross domestic product in the second quarter was expected to show a 2.1% annualized increase.

In this photo illustration, cans of Dr Pepper soda are displayed on June 03, 2024 in San Anselmo, California.Justin Sullivan | Getty ImagesKeurig Dr Pepper reported quarterly earnings and revenue that met analysts' expectations on Thursday…

An American Airlines Boeing 737 MAX 8 aircraft approaches San Diego International Airport for a landing from Phoenix on June 28, 2024 in San Diego, California. Kevin Carter | Getty ImagesAmerican Airlines shares shed more than 7% in…

Southwest Airlines airplanes are serviced at their gates at Fort Lauderdale-Hollywood International Airport on May 18, 2024, in Fort Lauderdale, Florida.Gary Hershorn | Corbis News | Getty ImagesSouthwest Airlines on Thursday forecast a…

A man walks past a logo of SK Hynix at the lobby of the company's Bundang office in Seongnam on January 29, 2021.Jung Yeon-Je | AFP | Getty ImagesSK Hynix, one of the world's largest memory chipmakers, on Thursday said second-quarter profit…

Tubs of Ben & Jerry's ice cream in a store freezer in London, UK, on Thursday, April 25, 2024. Unilever Plc said it wanted to shed its ice cream division, which generates around 8 billion ($8.5 billion) in annual sales, in a bid to…

The Gucci store on Fifth Avenue is seen on March 20, 2024 in New York City.Michael M. Santiago | Getty Images News | Getty ImagesShares in Gucci-owner Kering fell on Thursday, after the luxury group announced a sharp decline in revenue in…

New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership's lot on October 03, 2023 in Miami, Florida.Joe Raedle | Getty Images News | Getty ImagesAuto giant Stellantis on Thursday reported a steep drop in first-half net profit, citing…

Ford Motor on Wednesday reported a disappointing second quarter, missing earnings expectations by a wide margin as higher warranty costs ate into profits. We're downgrading the automaker and sending its stock back to the penalty box in…

Arvind Krishna, CEO of IBM, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023.Tom Williams | Cq-roll Call, Inc. | Getty ImagesIBM shares rose 5% in extended trading on…

A Chipotle restaurant in New York on July 3, 2023.Jeenah Moon | Bloomberg | Getty ImagesChipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that topped analysts' expectations as it saw higher traffic at its…

Pedestrians walk along Wall Street near the New York Stock Exchange (NYSE) in New York, US, on Thursday, May 16, 2024. Alex Kent | Bloomberg | Getty ImagesWall Street's favorite recession signal started flashing red in 2022 and hasn't…

The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014.Richard Levine | Corbis News | Getty ImagesAMC Entertainment on Wednesday warned investors of declines in key metrics during the second quarter, sending its…

The Ford display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBCDETROIT — Ford Motor is set to report second-quarter earnings after the markets close Wednesday.The Detroit automaker's results are expected…