A 3.6% year-on-year rise in profits last month followed a 0.7% gain in May, while first-half earnings were up 3.5% compared with a 3.4% rise in the January-May period.… MORE
A 3.6% year-on-year rise in profits last month followed a 0.7% gain in May, while first-half earnings were up 3.5% compared with a 3.4% rise in the January-May period.… MORE
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A jury on Friday found that Abbott Laboratories’ specialized formula for premature infants caused an Illinois girl to develop a dangerous bowel disease.… MORE
Bill Ackman is postponing the highly scrutinized listing of Pershing Square’s U.S. closed-end fund, according to a notice on the NYSE’s website.… MORE
The comeback marks a stark contrast with the national housing market, which is still feeling the pressure of high mortgage rates and lack of supply. … MORE
The deal covers three antitrust cases — including the class-action lawsuit known as House vs. the NCAA — that challenged NCAA compensation rules dating back to 2016.… MORE
Financial experts sum up Vice President Kamala Harris’ latest financial disclosure of her personal assets in one word: Boring. But that’s not a bad thing.… MORE
The PCE price index was expected to increase 0.1% in June and 2.5% from a year ago.… MORE
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Dexcom, which had its stock market debut in 2005, had its worst day ever after lowering its full-year guidance.… MORE