Tag: Breaking News: Business
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Why Ford believes its 10.2% July U.S. sales decline was still a ‘good’ month
The July decline adds to a lackluster sales year for the automaker, with results off 9.7% compared to 2025.
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Foreigners are buying fewer U.S. properties, but luxury homebuilders still draw them in
Foreign buyers are pulling back sharply from U.S. residential real estate, in part due to a pullback among workers that would qualify for H-1B visas.
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Jeff Bezos just filed to sell $4 billion in Amazon. The shares are falling
The filing came after Amazon climbed to an all-time high on Monday, extending gains sparked by last week’s quarterly results.
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Pfizer tops estimates, hikes low end of revenue guidance on strength of Eliquis, other drugs
Pfizer said it cut its full-year revenue expectation for its Covid products to $4 billion, down from around $5 billion previously.
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Wayfair posts strongest U.S. growth since 2020
Wayfair, a pandemic darling that’s seen sales slow since lockdown orders were lifted, posted its strongest U.S. growth since 2020 during its second quarter.
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McDonald’s names company veteran Skye Anderson as its U.S. president as growth in its largest market slows
McDonald’s new U.S. President Skye Anderson has been with the company for 26 years and succeeds Joe Erlinger in the role.
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Merck hikes revenue outlook as new drug sales grow, but cuts profit guidance due to deal charges
Merck cut its profit guidance due to a charge tied to its acquisition of biotech company Terns Pharmaceuticals.
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McDonald’s is about to report earnings. Here’s what to expect
McDonald’s stock has fallen more than 11% this year, dragging its market cap down to roughly $191 billion.
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Jim Cramer says Wall Street’s latest trading trend is creating buying opportunities
CNBC’s Jim Cramer said stocks are increasingly moving as part of thematic trading baskets rather than on company-specific fundamentals.
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Larry Berg named next Major League Soccer commissioner
Larry Berg will take over as MLS commissioner from Don Garber next year. He will sell his stake in Los Angeles FC.
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