Financial Performance

Nissan to slash 12,500 jobs to cut costs, achieve turnaround

Jul 25, 2019

Nissan says it is slashing 12,500 jobs or about 9% of its global workforce in an effort to cut costs and achieve a turnaround amid tumbling profits

US stocks move sideways on mixed bag of earnings

Jul 24, 2019

U.S. stocks moved sideways in early trading as a steep decline from health insurers counteracted sharp gains for technology companies. The market is reacting to a mixed bag of corporate earnings

Automaker Daimler loses $1.3 billion on diesel, air bag woes

Jul 24, 2019

Daimler AG, maker of Mercedes-Benz cars, says it lost $1.3 billion in the second quarter on one-time charges for troubles with diesel cars and air bag recalls

Stocks rise after Coke, Hasbro others report solid earnings

Jul 23, 2019

U.S. stocks moved higher in morning trading as investors rewarded several major companies for their solid earnings results

Boeing to take a $4.9 billion charge over grounded jet

Jul 18, 2019

The grounding of its 737 Max plane will cause Boeing to take a $4.9 billion charge and will cut $5.6 billion from the company's pre-tax income

JPMorgan Chase posts $9.7 billion profit, beating estimates

Jul 16, 2019

JPMorgan Chase profits grow by 16%, helped by a lower tax rate and the ability to charge businesses and consumers more to borrow money

Priest donates to miners affected by Blackjewel bankruptcy

Jul 15, 2019

A priest in Kentucky has given more than $20,000 to miners who are struggling to pay bills after the coal company they work for filed for bankruptcy protection

S&P 500 notches another record after a muted, mixed day

Jul 15, 2019

U.S. stock indexes bobbed around their record levels Monday, as the curtain rose on what's expected to be the weakest earnings reporting season in years

Markets Right Now: Stocks end a wobbly day slightly higher

Jul 15, 2019

Major U.S. stock indexes ended a wobbly day with meager gains, enough to push them slightly further into record territory.

China's June auto sales fall, extending year-old decline

Jul 10, 2019

China's auto sales fell 7.8% in June from a year earlier, extending a year-old contraction that is squeezing automakers that need to spend on developing electric cars

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