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Twitter falls as turnaround looms
SAN FRANCISCO - On Tuesday afternoon, Jack Dorsey, in a hoodie and beard, spoke to Wall Street for the first time. His hotly anticipated remarks came during the company's quarterly earnings call with analysts, his first since returning to Twitter as ...
Twitter second-quarter revenue, adjusted profit beat estimates  Reuters
Twitter surprises analysts with a big earnings beat, but falls on doubts ...  Washington Post
Bloomberg  
New York leaders call for Puerto Rico debt relief
NEW YORK - With a $73 billion debt burden that Gov. Alejandro Garc´┐Ża Padilla recently called inconvertible, Puerto Rico is now being giving advice by hedge funds: improve tax collection and cut education spending to reduce mounting debt.
Lew Warns That Puerto Rico Crisis Could Get Costly for U.S.  Bloomberg
Hedge funds want Puerto Rico to cut spending to pay $72M debts as NYC pols ...  New York Daily News
Ford surprises in 2Q results
Ford Motor Co's net income has jumped 44 per cent to $US1.9 billion ($A2.59 billion) in the second quarter on rising global sales and customers paying more for new trucks and SUVs with premium features.
Ford's China strategy: small can be big  Fortune
Ford earnings boosted by record North American profit  Los Angeles Times
US stocks halt worst slide since January on earnings, China
NEW YORK - U.S. stocks rose Tuesday, ending their longest losing streak since January, amid better-than-forecast earnings and as Chinese equities pulled back from a selloff.
Wall Street ends sharply higher as China jitters ebb | Reuters  Firstpost
US stocks end 5-day losing streak, post solid gains  MarketWatch
Sanofi links with Regeneron in $2.2 billion cancer drug push
French drugmaker Sanofi (SASY.PA) said on Tuesday it was committing up to $2.17 billion to a collaboration with its long-time partner Regeneron Pharmaceuticals (REGN.
Regeneron & Sanofi: Cancer Push 'Could Pay Off Big'  Barron's (blog)
French pharmaceutical giant invests at least $1.7 billion in Regeneron ...  Albany Business Review (blog)
Yelp's 2Q results, outlook disappoint as stock plunges
SAN FRANCISCO - Yelp is getting panned by investors after the online business review service sank to a second-quarter loss and dimmed its outlook amid a slowdown in its digital advertising sales.
Yelp announces resignation of Max Levchin from Board of Directors  MarketWatch
Yelp Plunges After Reducing Revenue Forecast, Ending Brand Ads  Bloomberg
Virgin Galactic: 'Single human error' led to catastrophic crash, NTSB says
Federal safety officials Tuesday blamed the builder of Virgin Galactic's SpaceShipTwo for failing to anticipate the copilot error that caused the aircraft's disintegration during a test flight nine months ago.
Virgin Galactic rocket granted licence despite safety fears  Financial Times
NTSB blames human error, compounded by poor safety culture, in Virgin ...  Washington Post
P&G Names David Taylor as CEO
For the second time in six years, Procter & Gamble Co. PG 0.33 % directors replaced Chief Executive A.G. Lafley with an insider whom he groomed.
Procter & Gamble Names Taylor to Succeed Lafley as CEO  ABC News
After Steadying Ship, A.G. Lafley Steps Down At Procter & Gamble  Forbes
Amazon wants a special air zone for its fancy delivery drones
The Internet retailer wants a 200-foot space of air. Online retailer Amazon AMZN -1.01% wants to someday deliver your order via drone - a high-speed one, at that - and it wants a special piece of the sky to shuttle those drones, according to a ...
Amazon Proposes Prime Slice Of Air Space For Drone Delivery  CBS Local
Amazon Proposes Drone Highway As It Readies For Flying Package Delivery  Forbes
VW surpasses Toyota as world's largest automaker in first half of 2015
Volkswagen surpassed Toyota as the world's largest automaker in the first half of 2015, fulfilling a long-held goal, despite a sales slump in the U.S.. Volkswagen sold 5.04 million vehicles in the first six months of the year, edging Toyota's 5.02 ...
If Toyota is no longer the world's largest carmaker, who is?  Christian Science Monitor
Volkswagen overtakes Toyota as world's biggest carmaker  Toronto Sun