Business

Medical bottles and syringe are seen with Eli Lilly and Company logo displayed on a screen in the background in this illustration photo taken in Krakow, Poland on November 10, 2022.Jakub Porzycki | Nurphoto | Getty ImagesEli Lilly's…

Comcast topped analyst expectations with its first quarter earnings report Thursday, despite the cable and media giant's residential broadband business's slowing growth and mounting Peacock losses.Shares of the company rose more than 2% in…

A Deutsche Bank AG branch in the financial district of Frankfurt, Germany, on Friday, May 6, 2022.Alex Kraus | Bloomberg | Getty ImagesDeutsche Bank on Thursday reported a net profit of 1.158 billion euros ($1.28 billion) for the first…

The headquarters of Barclays Plc beyond the West India Quay Docklands Light Railway station in the Canary Wharf financial district in London, UK, on Monday, March 20, 2023.Bloomberg | Bloomberg | Getty ImagesLONDON — Barclays on Thursday…

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., center, departs from federal court in San Jose, Calif., on Dec. 20, 2022.David Paul Morris | Bloomberg | Getty ImagesMeta shares jumped 12% in extended trading on Wednesday…

A Boeing 737 Max is displayed during the Farnborough Airshow, in Farnborough, on July 18, 2022. (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)Justin Tallis | AFP | Getty ImagesBoeing said Wednesday it will…

South Korean chipmaker SK Hynix has reported a record quarterly operating loss of 3.4 trillion won ($2.54 billion) for the first quarter of the year.According to Reuters, this is its largest loss since the SK Group acquired Hynix in…

A building on the campus at the world headquarters of Illumina is shown in San Diego, California, September 1, 2021.Mike Blake | ReutersIllumina on Tuesday unveiled plans to cut costs in a bid to improve the DNA sequencing company's…

Pedestrians wearing protective masks walk in front of a Chipotle restaurant in San Francisco, California, April 19, 2021.David Paul Morris | Bloomberg | Getty ImagesChipotle Mexican Grill on Tuesday reported quarterly earnings and revenue…

People walk by the New York Stock Exchange (NYSE) on February 14, 2023 in New York City.Spencer Platt | Getty ImagesA banking crisis that erupted less than two months ago now appears to be less a major broadside to the U.S. economy than a…

Troubled regional bank First Republic said Monday that its deposits fell 40.8% to $104.5 billion in the first quarter, which saw the collapse of two other mid-sized banks and sparked fear from customers about widespread bank failures.The…

A United Parcel Service (UPS) truck delivers boxes in Manhattan on April 26, 2022 in New York City.Spencer Platt | Getty ImagesUnited Parcel Service shares fell Tuesday after the American trucking and delivery giant reported first-quarter…

Satya Nadella, chairman and chief executive officer of Microsoft Corp., speaks during the virtual Meta Connect event in New York on Oct. 11, 2022.Michael Nagle | Bloomberg | Getty ImagesMicrosoft will report fiscal third-quarter earnings…

Pepsi sodas displayed for purchase at a Walmart SuperCenter on December 06, 2022 in Austin, Texas.Brandon Bell | Getty ImagesPepsiCo on Tuesday boosted its outlook for the year as it posted earnings and revenue that beat expectations.Shares…

McDonald's on Tuesday reported quarterly earnings and revenue that topped analysts' expectations as U.S. consumers keep buying Big Macs and Shamrock Shakes.But executives offered a conservative view of the economy, reiterating last…

WASHINGTON, DC - DECEMBER 11: Google CEO Sundar Pichai testifies before the House Judiciary Committee at the Rayburn House Office Building on December 11, 2018 in Washington, DC. The committee held a hearing on 'Transparency &…

General Motors CEO Mary Barra, center, at the New York Stock Exchange, Nov. 17, 2022.Source: NYSEDETROIT — General Motors on Tuesday raised key guidance for 2023 after reporting first-quarter results that topped Wall Street's top- and…

A JetBlue plane at LaGuardia Airport.Leslie Josephs/CNBCJetBlue Airways posted a loss for the first three months of the year but joined other carriers in forecasting a profit for the second quarter thanks to strong travel demand.JetBlue…

Cheerios, Nescafe, Nesquik, KitKat, Milkybar and Purina products, manufactured by Nestle SA, arranged in London, U.K., on Monday, July 26, 2021.Bloomberg | Bloomberg | Getty ImagesConsumer goods firm Nestle raised prices by 9.8% in the…

UBS reported a 52% annual drop in net profit on Tuesday amid a legacy litigation matter, but maintained it is a "source of stability" for its clients during periods of high uncertainty.These are the bank's first results since announcing its…

A pedestrian passes a Coca-Cola delivery truck in Mexico City, Mexico, on Wednesday, Jan. 25, 2023.Jeoffrey Guillemard | Bloomberg | Getty ImagesCoca-Cola is expected to report its first-quarter earnings before the bell on Monday.Here's…

A sign of Credit Suisse bank is seen on a branch building in Geneva, on March 15, 2023.Fabrice Coffrini | AFP | Getty ImagesCredit Suisse on Monday revealed that it suffered net asset outflows of 61.2 billion Swiss francs ($68.6 billion)…

Procter & Gamble on Friday reported quarterly earnings and revenue that topped analysts' expectations as higher prices helped offset lower demand for its products.The company, which owns household brands like Febreze, Charmin and Tide,…

The latest U.S. economic data suggests a recession is coming, according to the chief executive of financial advisory firm Longview Economics, and investors may need to prepare for some pain in the stock market.Speaking to CNBC's "Squawk Box…

The Abbott manufacturing facility in Sturgis, Michigan, on May 13, 2022.Jeff Kowalsky | AFP | Getty ImagesShares of Abbott Laboratories popped Wednesday after the company's earnings and revenue topped Wall Street's expectations, defying a…

Nokia new logo displayed on mobile, with Nokia logo on screen.Nurphoto | Nurphoto | Getty ImagesFinnish telecoms giant Nokia on Thursday posted quarterly operating profit that fell short of market expectations.The firm reported operating…

A home in Lynch, Kentucky.Scott Olson | Getty ImagesThe banking turmoil of March, which saw the collapse of several regional U.S. lenders, will lead to a credit crunch for "small-town America," according to veteran strategist David…

IBM Chairman and CEO Arvind Krishna appears on a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023.Stefan Wermuth | Bloomberg | Getty ImagesIBM issued stronger-than-expected first-quarter earnings on…

Employees of the Tesla Gigafactory Berlin Brandenburg work on the final inspection of the finished Model Y electric vehicles. The Tesla plant was opened and put into operation on March 22, 2022.Patrick Pleuil | Picture Alliance | Getty…

Morgan Stanley CEO James Gorman participates in a conversation-style interview with Economic Club of Washington in Washington September 18, 2013.Yuri Gripas | ReutersMorgan Stanley on Wednesday topped estimates for first quarter profit and…