July 30, 2019

Capital One is sued over data breach in proposed class action

Capital One Financial Corp was sued on Tuesday after the bank said a hacker who has since been arrested accessed personal information belonging to about 106 […]
July 30, 2019

P&G posts strong sales, takes $8 billion Gillette writedown

Procter & Gamble Co’s quarterly revenue and profit beat Wall Street expectations on Tuesday, sending shares up even as the world’s No.1 personal goods company took […]
July 30, 2019

Oil prices up on expectations of Fed rate cut

Oil prices rose for a fourth day on Tuesday on optimism the U.S. Federal Reserve will this week cut interest rates for the first time in […]
July 30, 2019

Mylan reaches $30 million settlement in SEC’s EpiPen probe

Mylan NV has reached a tentative agreement to pay $30 million to resolve a probe by the U.S. Securities and Exchange Commission related to its emergency […]
July 30, 2019

Cancer drug Keytruda, vaccines propel Merck to quarterly profit beat

Merck & Co Inc reported higher-than-expected second-quarter profit and revenue and raised its full-year earnings forecast on Tuesday, powered by strong demand for its blockbuster cancer […]
July 30, 2019

Moderate U.S. consumer spending, inflation support rate cut

U.S. consumer spending and prices rose moderately in June, pointing to slower economic growth and benign inflation that could see the Federal Reserve cutting interest rates […]
July 30, 2019

U.S. pending home sales increase more than expected in June

Contracts to buy previously owned homes rose more than expected in June, the National Association of Realtors said on Tuesday in a report that showed lower […]
July 30, 2019

Wall Street drops as trade tensions weigh, Fed meeting looms

U.S. stocks dropped on Tuesday as U.S.-China trade worries pressured technology shares, while the scale of consensus at the Federal Reserve in favor of deeper cuts […]
July 30, 2019

Procter & Gamble sales, profit beat expectations; shares rise

Procter & Gamble Co’s quarterly revenue and profit beat Wall Street expectations on Tuesday, boosted by price hikes and strong demand for its beauty products such […]
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