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.
Wall Street gave up early gains after disappointing earnings from Coca-Cola and weak oil prices offset a boost from Apple. Coke's (KO.
Following a multibillion-dollar acquisition deal, Tim Armstrong, the C.E.O. of AOL, will oversee Yahoo's integration into Verizon.
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.
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.