Articles by Erin Slifka

Societe Generale shares slumped as the French bank’s weakness in its domestic retail business overshadowed better equities market dynamics that helped its second-quarter earnings top expectations.

ArcelorMittal reported a 38% fall in second-quarter earnings on lower steel prices and shipments but said it expected demand to improve in the second half of 2024.

Shell said its second-quarter earnings came in ahead of expectations, and that it would buy back $3.5 billion of shares this quarter.

Companies are dangling $5 burger meals and flakier biscuits to encourage consumer spending while trying to keep profits steady.

Barclays raised its net interest income guidance for the full-year and reiterated its 2024 and 2026 outlook for other metrics after second-quarter earnings beat expectations.

The new venture will stream games and content that includes the NFL, MLB, the NBA and Division I college football and basketball.

The brewer said second-quarter sales were also affected by the fallout from a boycott of its Bud Light brand in the U.S.

Spirit Airlines is furloughing hundreds of pilots as the airline industry’s fight for passengers weighs on the bottom line.

A new proposal on family seating comes as officials have raised concerns about passengers potentially racking up extra costs for flights.

Sneaker giant is cracking down on customizers and designers like the Shoe Surgeon as it wages wider legal fights to defend its trademarks.