Financial Performance

Chaotic talks show challenge of reaching opioid settlement

Sep 13, 2019

The judge overseeing national litigation over the opioids crisis for months has urged all sides to reach a settlement that could end thousands of lawsuits filed by state and local governments, but developments this week underscore how difficult that is

Catholic diocese in upstate New York files for bankruptcy

Sep 12, 2019

A Roman Catholic diocese in upstate New York has become the latest to declare bankruptcy amid a wave of lawsuits over alleged sexual abuse of children

Alibaba's Ma steps down as industry faces uncertainty

Sep 10, 2019

Alibaba founder Jack Ma steps down as its chairman as Chinese e-commerce faces rapid change, uncertainty in tariff war

US stocks edge higher following mixed jobs report

Sep 6, 2019

Stocks edged higher on Wall Street in midday trading Friday as investors weighed new data showing U.S. employers added fewer than expected jobs in August even as the unemployment rate remained near the lowest level in five decades

Lego aims to expand sales in China, India

Sep 3, 2019

Toy maker Lego says its revenue rose 4% in the first half of 2019 but significant investments to create long-term growth led to a 12% drop in net profit

A pharmaceutical fortune, dispersed in a global labyrinth

Aug 29, 2019

An Associated Press review of court papers, securities filings and documents leaked from an exclusive Bermuda law firm shows that the Sackler family that owns Purdue Pharma has shielded its wealth in a web of companies and trusts, much of it overseas

Corporate profits slump again in 2Q

Aug 22, 2019

Corporate profits fell for a second straight quarter in the spring, as the tax cut windfall wears off and companies contend with uncertainty caused by the Trump administration's trade war with China

Air New Zealand blames profit dip on engine issues, fuel

Aug 22, 2019

New Zealand's national carrier says increased fuel costs and engine problems were the main reasons why its annual profit dropped by more than 30 percent

Major US stock indexes finish lower, snapping a 3-day rally

Aug 20, 2019

Stocks fell broadly on Wall Street Tuesday after another slide in bond yields and a mixed batch of corporate earnings weighed on the market

Markets Right Now: Stocks head higher at end of a wild week

Aug 16, 2019

Stocks are moving broadly higher on Wall Street at the end of a wild week but are still headed for their third losing week in a row.

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