PepsiCo Inc. raised its forecast slightly for the year on Wednesday as it continued to slash costs while selling more of its snacks and drinks.
Boeing Co. boosted its earnings guidance for the year as its second-quarter earnings climbed 52%, buoyed by continued strong demand for the aerospace giant's jetliners as well as aggressive cost-cutting.
Regulators are expected to vote Wednesday to end a longtime staple of the investment industry�the fixed $1 share price for money-market mutual funds�at least for some money funds used by big investors.
July 23 (Bloomberg) -- Peter Cook updates the latest news on the crises in Israel and Ukraine on �In The Loop.� (Source: Bloomberg).
Comcast added 203,000 high-speed subscribers in the second quarter, more than making up for losing 144,000 homes with cable TV channel subscriptions.