U.S. economic growth likely accelerated in the second quarter as a pick-up in consumer spending and housing offset the drag from trade and the energy sector, suggesting a steady momentum that could bring the Federal Reserve closer to hiking interest ...
LONDON— Royal Dutch Shell RDS.A 1.02 % PLC on Thursday reported a sharp fall in second-quarter profit and said it would cut 6,500 jobs, illustrating the strain sustained low oil prices are putting on large producers.
FRANKFURT— Deutsche Bank AG DB 0.78 % said Thursday that it more than tripled second-quarter net profit on better-than-expected investment banking revenue and lower taxes, but warned that challenges remain.
Baidu, the world's top Chinese-language Internet search provider, said today its board of directors has authorized a share repurchase program under which the company may buy back up to $1 billion of its stock over the next 12 months.
AUSTIN, Texas, Jul 30, 2015 (BUSINESS WIRE) -- Whole Foods Market WFM, -0.29% announced the first five leases for its streamlined, value-oriented 365 by Whole Foods Market brand, with store openings scheduled through 2017.