Mondelez International Inc. MDLZ -1.73 % said its second-quarter earnings rose 14% with a boost from income generated by its interest in the snack maker's former coffee business.
Stocks remain mixed by midday Wednesday as investors look ahead to the afternoon release of a Federal Reserve statement on interest rates.
With its $4.8-billion acquisition of Yahoo, Verizon has snatched up an Internet pioneer with a massive audience. But it has also secured something equally coveted in Silicon Valley: real estate.
WASHINGTON—A measure of homes under contract for sale rose slightly in June, as ongoing job growth and low interest rates continued to support the U.S.
McDonald's all-day breakfast has been a massive success, helping to drive up sales growth after two years of declines. But the excitement from the new menu offering appears to be wearing off, and sales growth is now slowing.