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Twitter Revenue Up 61%, Exceeding Forecasts
SAN FRANCISCO - Closing the era of one chief executive and entering another under temporary leadership, Twitter exceeded investor expectations on Tuesday, reporting a 61 percent increase in revenue and a narrower loss than a year ago.
Twitter surprises analysts with a big earnings beat  Washington Post
Opinion: Twitter spends 35% of revenue on executive compensation  MarketWatch
Dow up nearly 200 as Street ends 5 days of losses
Stocks rallied and the Dow gained nearly 200 points Tuesday as Wall Street shook off its 5-day losing streak, its worst stretch since early January.
US Stocks Reclaim Monday's Losses as Oil Sparks Rally  Wall Street Journal (blog)
US stocks end 5-day losing streak, post solid gains  MarketWatch
After strong quarter, Ford aims to 'disrupt like a startup'
DETROIT Ford Motor Co's chief executive, Mark Fields, said on Tuesday he wants the company to act "like a startup" as it prepares for an evolution of the auto industry, after it posted second-quarter profit that handily beat expectations.
Ford's China strategy: small can be big  Fortune
Ford profit beats estimates as buyers pay up for F-150 truck  Chicago Tribune
Regeneron's George Yancopoulos Becomes Pharma's First Billionaire R&D Chief
0727_new-billie-george-yancopoulos-regeneron_1200x675 TWENTY-SEVEN YEARS AGO George Yancopoulos was a scientific superstar, a professor of biology at Columbia at age 28.
French pharmaceutical giant invests at least $1.7 billion in Regeneron ...  Albany Business Review (blog)
Regeneron & Sanofi: Cancer Push 'Could Pay Off Big'  Barron's (blog)
Poll: Consumer confidence declines in July
Consumer confidence dropped in July, according to a report released Tuesday by The Conference Board, which tracks it each month. The index fell to 90.9 this month, down from 99.8 in June.
US consumer confidence drops in July  Economic Times
U.S. CB consumer confidence plunges from 99.8 to 90.9 in July  Nasdaq
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 ...
Volkswagen overtakes Toyota as world's biggest carmaker  Toronto Sun
CORRECTED-UPDATE 2-VW overtakes Toyota as world's biggest carmaker  Reuters
Gilead Sales Soar on Hepatitis Drugs
Gilead Sciences Inc. GILD 2.29 % said its two key hepatitis C drugs, Sovaldi and Harvoni, generated about $4.9 billion in sales in the second quarter, topping Wall Street estimates, thanks to better-than-expected sales of the newer Harvoni.
Gilead second-quarter profit increases 32 percent, 2015 outlook raised  Reuters
Gilead Profit Tops Estimates as Hepatitis C Drug Sales Surge  Bloomberg
Citrix Systems CEO to resign; gives Elliott Management board seat
July 28 Cloud-computing company Citrix Systems Inc said Chief Executive Mark Templeton would retire and separately said it had agreed to give activist investor Elliott Management a board seat.
Citrix CEO to Retire; Elliott Management's Cohn Named to Board  Bloomberg
Citrix Rising: Elliott Management Comes on Board; CEO Templeton Reitres  Barron's (blog)
BP Reports Loss as Oil Spill Settlement Takes Toll
LONDON - The British oil giant BP said on Tuesday that it lost $5.8 billion in the second quarter, reflecting a huge settlement over the 2010 Gulf of Mexico oil spill.
How Big Was BP's $5.8 Billion Loss?  Bloomberg
BP Still Needs to Drill Business for Cash  Wall Street Journal
NTSB blames human error, compounded by poor safety culture, in Virgin Galactic ...
A nine-month federal investigation into the fatal crash last year of a Virgin Galactic space ship found that the company hired to build and test the vehicle failed to properly train its pilots and did not implement basic safeguards to prevent the human ...
How Virgin Galactic's spaceship pilot survived a 10-mile fall back to Earth  Los Angeles Times
Cause of Virgin Galactic spaceplane crash identified  CBS News