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Novo Nordisk said it asked a U.S. court to preliminarily halt rival Eli Lilly from advertising weight-loss drugs, days after accusing the Indianapolis drugmaker of using deceptive advertising to mislead consumers in a lawsuit. Friday’s preliminary injunction request, filed in the District of New Jersey, escalates legal proceedings initiated earlier this week. Novo has now asked the court to stop Eli Lilly from advertising its GLP-1 drugs while the lawsuit proceeds.

Nike is losing the fashion battle to Japan’s Asics. Running’s growing popularity has helped catapult shares in Asics, a favorite among runners. Nike cruised on popular lifestyle sneakers—Air Jordan 1s, Air Force 1s and Dunks—for too long and fell behind on running.

By Tharuniyaa Lakshmi and Purvi Agarwal July 24 (Reuters) - European shares recovered on Friday after registering their steepest one-day loss in two weeks in the previous session, as investors drew

The world's largest sportswear company has accelerated a wave of store closures across the U.S., shutting down roughly a dozen locations in a single month as it works to reshape its retail footprint. The move comes at a time when competition across the athletic apparel industry is intensifying. ...

The absence of fresh overnight escalations between the U.S. and Iran halted the global oil benchmark’s upward march, as investors hope leaders seek an off-ramp.

Stocks stabilized on Friday but were on track for weekly losses as investors assessed a new set of global tariffs against a backdrop of AI jitters, rising oil prices, and elevated bond yields.

Newmont reported better-than-expected second-quarter earnings, despite weaker gold prices and an earthquake. Cost control helped. Through Thursday trading, Newmont stock has been strong, up almost 60% over the past 12 months, benefiting from the rise in gold prices.

Tesla influencer AleXandra Merz expects a potential Tesla-SpaceX merger to take seven to 12 months to complete.

Today Earnings: American Express, Verizon, Charter Communications, HCA Healthcare, Volkswagen, Canadian National Railway Economic data: Commerce Department data on new home sales for June, S&P flash U.

European equity indexes largely edged higher in early trade after sharp selling in the last session, and oil pared some recent gains.

By Aditya Kalra NEW DELHI, July 24 (Reuters) - First, the U.S.-Israeli war on Iran sparked a Diet Coke shortage in India by squeezing supplies of aluminum cans, triggering an unusual wave of "Diet

By Aditya Kalra NEW DELHI, July 24 (Reuters) - First, the U.S.-Israeli war on Iran sparked a Diet Coke shortage in India by squeezing supplies of aluminum cans, triggering an unusual wave of "Diet

At the end of last year, Wall Street analysts who ventured guesses on second-quarter earnings predicted 14% growth, on average. By the end of June, analysts were predicting 22% earnings growth. Stock market gains have lately lagged behind.

Wall Street’s concerns about capex and free cash flow for big tech now outweigh optimism regarding cloud performance.

TJX Companies will release its second-quarter earnings soon, and analysts anticipate a single-digit bottom-line growth.

Verizon Communications and Charter Communications will post Q2 results on Friday amid a tumultuous time for telecommunications companies.

By Stella Qiu SYDNEY, July 24 (Reuters) - Asian shares sank on Friday as a near 40% rise in oil prices this month due to the intensifying conflict in the Gulf revived inflation fears, rattling bond

By Cassell Bryan-Low LONDON, July 24 (Reuters) - As U.S. defence companies descended on Britain's Farnborough Airshow this week hoping to tap Europe's military spending boom, they encountered

Newmont Corp (NEM) reports a robust second quarter with record free cash flow and strategic project progress, despite facing rising operational costs.

SLM Corp (SLM) reports a rise in loan originations and strategic partnerships, despite facing pressure from increased net charge-offs and noninterest expenses.

Deckers Outdoor Corp (DECK) surpasses $1 billion in quarterly revenue for the first time, driven by strong performance from HOKA and UGG brands, despite facing geopolitical and economic challenges.

VeriSign Inc (VRSN) reports a 6% revenue increase and a record 12.7 million new domain registrations, while expanding its share repurchase program.

MaxLinear Inc (MXL) reports a 55% year-on-year revenue increase, driven by strong infrastructure growth and optimistic future projections.

Intel Corp (INTC) reports robust financial performance, driven by AI advancements and strategic partnerships, despite industry supply challenges.

HANOI, July 24 () - Vietnam faces higher U. tariffs than peers and risks a further erosion of competitiveness in the clothing sector, as the largest ‌exporter of apparel to the U.

(Bloomberg) -- Every few months the most senior traders and salespeople at Barclays Plc head to a one-hour meeting with their boss Adeel Khan. He wants to dissect how individual traders are performing, if and why desks are lagging Wall Street peers and any rosy assumptions his team are making.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI De

Netflix (NFLX) has spent 2026 testing the patience of its own shareholders. The stock that once traded like it was unstoppable is now down more than 40% over the past year, and it sank again after the company's latest earnings report. However, Jim Cramer is stepping in to defend it. On the July 20 ...

West Pharmaceutical Services (NYSE:WST) raised its full-year 2026 outlook after reporting second-quarter results that topped management’s expectations, supported by strong demand for high-value product components, biologics-related offerings and GLP-1 elastomers. Chief Executive Officer and Board C

Ermenegildo Zegna (NYSE:ZGN) reported a sequential acceleration in preliminary second-quarter 2026 revenue, with management citing broad-based strength in its direct-to-consumer business and continued progress in shifting the group toward a retail-first model. Paola Durante, Chief of External Relat

Dow Inc. will release earnings for its second quarter before the opening bell on Thursday, July 23. Analysts expect the company to report quarterly earnings of $1.28 per share, versus a loss of 42 cents per share in the year-ago...