Companies

American Express Stock Falls 20% From December High as Expenses Climb

American Express shares trade near $310, about 20% below their December 2025 high, as rising expenses and slower earnings growth weigh on the stock.

Zhong Shanshan Net Worth 2026: The Water King Now Runs on Tea

Zhong Shanshan's net worth in 2026, how Nongfu Spring made him China's richest man, and why tea, not water, now drives his fortune.

Xi Jinping Urges China, US Youth to Advance Bilateral Cooperation

President Xi Jinping told students from 10 US universities he hopes young people will advance China-US cooperation in a reply to their letter.

China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market

Procter & Gamble Beats on Profit but Misses Sales as Consumers Tighten Spending

Procter & Gamble topped profit estimates but missed on revenue as flat volumes and cautious consumers prompted a muted fiscal 2027 outlook.

Shein Discloses FTC Investigation Into U.S. Operations Ahead of Hong Kong IPO

Shein has disclosed that the U.S. Federal Trade Commission is investigating its American operations as the retailer prepares for a Hong Kong listing.

Johnson & Johnson Offers $5.5 Billion to Settle Talc Cancer Lawsuits

Johnson & Johnson has agreed to pay $5.5 billion to resolve nearly 70,000 US lawsuits alleging its talc-based baby powder caused cancer.

Centene Lifts Annual Profit Forecast but Shares Slide on Weakening Medicaid Outlook

Centene lifted its annual profit forecast on improved cost management, but shares fell after the insurer flagged weakening Medicaid membership.

eBay Agrees to Pay Roughly $50 Million to Couple Targeted in Bizarre Harassment Campaign

eBay has agreed to pay roughly $50 million to a Massachusetts couple targeted by former employees with threats and bizarre deliveries, ending years of liti

Visa to Cut 7% of Global Workforce as Efficiency Drive Deepens Across Corporate America

Visa plans to reduce its global workforce by roughly 7%, affecting more than 2,000 roles, as the payments giant deepens an efficiency and technology drive.

Coca-Cola Beats Earnings Estimates and Raises Full-Year Outlook on Robust Demand

Coca-Cola topped second-quarter earnings estimates and lifted its full-year outlook on strong global beverage demand, sending shares higher.

Boeing Q2 Revenue Beats Estimates as Jet Deliveries Rise and Cash Flow Turns Positive

Boeing posted second-quarter revenue above estimates as jet deliveries climbed and cash flow turned positive, though the company reported a wider-than-expe

Seagate Beats Estimates and Lifts Outlook on Surging AI Storage Demand

Seagate topped June-quarter estimates and issued an upbeat forecast on surging AI-driven storage demand, lifting shares after hours.

Royal Caribbean Raises Profit Forecast on Strong Demand Despite Middle East Booking Softness

Royal Caribbean lifted its full-year earnings outlook on robust cruise demand, despite a modest booking hit from Middle East geopolitical tensions.

Chobani Must Face Class-Action Lawsuit Over Zero-Sugar Yogurt Labeling, Appeals Court Rules

A U.S. appeals court has revived a class-action lawsuit against Chobani over allegations that its zero-sugar yogurt labeling misleads consumers.

NextChange Enters the Crowded Crypto Exchange Market With an Ambitious Trading and Payments Strategy

The emerging digital-asset platform is combining cryptocurrency trading, fiat services and a global payment card as it seeks to compete in an industry dominated by established exchanges.

FAA Proposes Seat Inspections on Hundreds of Boeing 737 MAX Jets Over Installation Flaw

The FAA has proposed inspections of 453 Boeing 737 MAX aircraft after finding improperly installed seats, adding to ongoing safety scrutiny of the model.

Hilton Raises Annual Revenue Forecast on Strong Luxury Hotel Demand

Hilton has raised its full-year revenue forecast, citing strong demand for luxury accommodations and rising hotel room rates across its global portfolio.

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