Prudential Financial settled for $100M over FTC charges that its Assurance IQ unit misled consumers on healthcare coverage. Assurance was shut down last year.
Maersk raised its full-year profit forecast as container demand beats trade dispute fears, expecting 2-4% volume growth in 2025 but slower in H2.
Spain dropped plans to buy U.S. F-35 jets and will choose between Europe's Eurofighter or Future Combat Air System.
United Airlines fixed a tech issue that caused flight groundings and delays on Wednesday. The team is working to restore normal operations, but some delays remain.
China's July exports beat forecasts as firms rushed shipments amid a tariff truce. Markets await a U.S.-China trade deal by Aug 12 to avoid steep new duties.
Trump announced Apple will invest an extra $100B in the U.S., raising its 4-year commitment to $600B, aiming to avoid tariffs and boost domestic growth.
SoftBank posted a $2.87B net profit in April–June, rebounding from a $1.2B loss last year and beating the $880M average analyst estimate.
GM and Hyundai plan to jointly develop 5 vehicles to cut costs, with 4 models set for 2028 launch in Latin America, offering both gas and hybrid options.
Brian Robbins steps down as Paramount Global co-CEO after its Skydance merger. David Ellison will lead the new company as CEO starting August 7.
Toyota will build a new factory in Toyota City, Japan, set to open in the early 2030s. Production models and other details are yet to be decided.
Uber launches $20B buyback, sees Q3 bookings beat estimates. Uber One members hit 36M, driving 1/3 of bookings and 3x more profit than single-service users.
McDonald's Q2 global same-store sales rose 3.8%, beating estimates of 2.4%, driven by value deals and strong U.S. and international demand.
German industrial orders fell 1% in June for the second month, hit by weak foreign demand and rising U.S. tariffs, data showed on Wednesday.
Sainsbury's is selling its travel money business to Ireland's Fexco. The deal's financial terms weren't disclosed.
Wells Fargo expands AI use with Google Cloud to aid staff across roles, automating tasks and boosting efficiency with Google's Agentspace platform.
UK services sector saw biggest drop in new orders in 3 years, raising pressure on the Bank of England to cut rates from 4.25% amid economic slowdown fears.
Walt Disney's ESPN will acquire NFL Network and more, giving the NFL a 10% stake in ESPN to boost content for its upcoming streaming service.
Trump plans to soon announce a Fed board pick and possibly a new chair, after Gov. Kugler's early exit. Treasury Sec. Bessent is no longer being considered.
Intel's key 18A chip tech faces quality issues, risking its plan to rival TSMC and boost U.S. chipmaking despite heavy investment in factories and R&D.
Pfizer raised its 2025 profit forecast on strong Vyndaqel and Eliquis demand, despite a 20 cent a share charge from a cancer drug deal with China's 3SBio.
Palantir topped $1B in Q2 revenue for the first time, beating estimates. EPS hit 16 cents per share.
Topgolf CEO Arthur Starrs will succeed Jochen Zeitz as Harley-Davidson CEO, as the company faces tariffs and slowing demand for its cruiser motorcycles.
Trump threatened higher tariffs on India over Russian oil buys. India called the claim unjustified and vowed to defend its economic interests.
Moderna cut its 2025 revenue outlook due to UK shipment delays, despite beating Q2 estimates. Shares fell 9% as it plans 10% job cuts amid weak vaccine sales.