Business

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.

Iran Sends US Peace Terms via Qatar as Oil Crosses $100 a Barrel

Iran's security chief says Tehran has sent Washington conditions to end the war through Qatar, including lifting the US naval blockade, as oil crosses $100

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.

US and China Hold Final Trade Talks Before Sept. 24 Trump-Xi Summit

Bessent, Greer and He Lifeng met in New York on Sunday to prepare for the September 24 Trump-Xi summit.

China Controls 90% of Rare Earths as Trump-Xi Summit Nears

China controls 90% of rare earths as Trump and Xi prepare to meet Thursday, with export restrictions hanging over the talks.

Trump Criticizes Exxon and Chevron for High Profits, Demands Lower Gasoline Prices

President Trump criticized Exxon Mobil and Chevron for profiting from high oil prices during the Iran conflict, demanding lower gasoline costs for consumer

Merck Lifts Revenue Outlook on Strong Drug Sales but Trims Profit Forecast

Merck lifted its revenue outlook on strong new drug sales but trimmed its profit forecast to absorb charges tied to its Terns Pharmaceuticals acquisition.

McDonald’s Sales Growth Slows as Budget-Conscious Diners Rein In Spending

McDonald's reported slower U.S. same-store sales growth as budget-conscious diners pulled back, with value deals failing to fully revive traffic.

Caterpillar Shares Surge on Record Revenue Driven by Data Center Demand

Caterpillar shares jumped after reporting record $20.5 billion in quarterly revenue, driven by strong demand from data center and energy infrastructure bui

Spotify Shares Slide as Profit Forecast Disappoints and User Growth Cools

Spotify shares fell after a weaker-than-expected profit forecast and slowing user growth in North America and Europe rattled investors.

McDonald’s Names Skye Anderson US President as Domestic Sales Growth Slows

McDonald's has named 26-year veteran Skye Anderson as president of its US business as domestic sales growth slows and Q2 profit beats estimates.

Robinhood Shares Rally After Earnings Beat Reinforces Growth Momentum

Robinhood Markets shares surged after quarterly earnings topped Wall Street expectations, reinforcing confidence in the trading platform's diversified grow

Snap Shares Jump 10% on Earnings Beat and Upbeat Sales Forecast

Snap stock surged about 10% after topping second-quarter earnings estimates and issuing an upbeat sales forecast, aided by World Cup advertising demand.

Palantir, Snap and On Semiconductor Lead After-Hours Stock Moves on Earnings

Palantir, Snap and On Semiconductor were among the biggest after-hours stock movers following the latest round of quarterly earnings reports.

Apple Files Fresh Legal Challenge Against UK Demand for Encrypted iCloud Data

Apple has filed a new legal challenge at the Investigatory Powers Tribunal against a UK Home Office demand for back-door access to encrypted iCloud data.

FAA Certifies Boeing’s Smallest 737 Max Jet After Years of Delays

The FAA has approved Boeing's 737 Max 7 for production, clearing the smallest Max variant for service and sending Boeing shares up about 5%.

White House Finalizes Framework to Test Cybersecurity Risks of Advanced AI Models

The Trump administration has completed a framework to test the cybersecurity risks of advanced AI models, convening major AI firms to review the new proces

Curium Strikes Deal Worth Up to $8 Billion to Acquire Lantheus, Expanding Radiopharma Reach

Curium has agreed to acquire Lantheus in a transaction valued at up to $8 billion, expanding its reach in the fast-growing radiopharmaceutical sector.

UBS Fined Over $150 Million by US Regulators for Anti-Money Laundering Failures

US regulators have fined UBS more than $150 million over anti-money laundering failures, adding to compliance pressures as the bank integrates Credit Suiss

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