By Stephanie Hamel and Charlotte Eugenie Yvette Bawol (Reuters) -Philips reported second-quarter results that exceeded analysts’ expectations on Monday, boosted by cost savings from job
Day: July 29, 2024
McDonald’s posts surprise drop in quarterly global sales as spending slows
(Reuters) -McDonald’s reported a surprise drop in quarterly global comparable sales on Monday, as the burger giant struggled to hold back budget-strapped customers from opting
Explainer-The Fed nears its 2% solution after a punishing bout of rising prices
By Howard Schneider WASHINGTON (Reuters) – Inflation is nearing the Federal Reserve’s 2% target, and the central bank is expected to begin cutting interest rates
Abbott shares slide after trial verdict, weigh on rival Reckitt Benckiser
(Reuters) -Abbott Laboratories’ shares fell nearly 7% premarket, while British peer Reckitt Benckiser slumped 9% on Monday, after the U.S. healthcare firm was ordered to