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Apple crushes Wall Street expectations as iPhone sales soar

SAN FRANCISCO — Apple on Thursday reported sales and profit that far surpassed expectations, showing that its efforts to re-route its sprawling…
Investing

JPMorgan marks 1,000th branch opening since 2018 expansion plans

JPMorgan Chase has built 1,000 new branches in seven years. That’s more locations than most of its competitors operate in total. The…
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Investing

Recall warns some Celsius energy drink cans accidentally contain alcohol

The canned cocktail maker High Noon is warning customers that some of its vodka seltzers were accidentally labeled as Celsius energy drinks….
Investing

Trump ends de minimis exemption for global low-cost goods

President Donald Trump on Wednesday signed an executive order ending the de minimis trade loophole for low-value packages shipped from all countries….
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Investing

Union Pacific to buy Norfolk in $85 billion mega U.S. railroad deal

July 29 (Reuters) – Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85-billion deal to create…
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Investing

Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung Electronics

Samsung Electronics has entered into a $16.5 billion contract for supplying semiconductors to Tesla, based on a regulatory filing by the South…
Investing

Things are getting better at Boeing under CEO Ortberg, but can he keep it going?

After spiraling from crisis to crisis over much of the past seven years, Boeing is stabilizing under CEO Kelly Ortberg’s leadership. Ortberg,…
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