Johnson & Johnson has agreed to pay $5.5 billion to tie up remaining lawsuits that claim its talc products caused ovarian cancer. The drugmaker, which has been fighting talc-related lawsuits for more than a decade, said that the settlement is conditioned on at least 95% of remaining claimants participating. A U.S. bankruptcy court judge denied a $9 billion settlement proposed by company subsidiary Red River Talc last year that would have been one of the biggest mass tort settlements in history.
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Investing.com -- Boeing Co. (NYSE: BA) reported a wider-than-expected second quarter loss despite revenue exceeding analyst estimates, with shares rising 1.2% following the results.
Union Pacific and Norfolk Southern have added new customer assurances to their merger application filing. The post Union Pacific, Norfolk Southern add new customer protections as STB merger review advances appeared first on FreightWaves.
Shares in AI infrastructure provider Core Scientific jumped around 5% in premarket trading after it announced a deal with chip maker AMD. The deal's initial phase would see AMD use 500 megawatts of Core Scientific data-center capacity by 2027.
The planemaker took a $280 million charge on the VC-25B program, pushing its adjusted loss to 76 cents a share against a 30-cent estimate
Microsoft reported its Q4 earnings on Wednesday.
Microsoft will report its Q4 earnings after the bell on Wednesday.
Corning issued lighter-than-expected third-quarter sales guidance, overshadowing a better-than-expected second quarter that was driven by artificial-intelligence demand.
Rescue operations were under way at a shopping mall after a strong earthquake struck southern Japan.
Investing.com - U.S. stock futures were mixed on Tuesday as renewed concerns over artificial intelligence spending weighed on semiconductor stocks ahead of a pivotal week featuring mega-cap technology earnings and the Federal Reserve’s latest interest rate decision.
SINGAPORE, July 28 (Reuters) - Brookfield Asset Management expects about 6.5 gigawatts of data-centre capacity for artificial intelligence to come online in India over the next five years, a senior
Wall Street analysts are busy reshuffling their ratings ahead of the Fed meeting, with surprise double-upgrades, dramatic target cuts, and fresh initiations spanning surgical robots to cybersecurity. Find out which names made the biggest moves today.
The stock fell for the 13th time in 16 sessions on Monday, closing at $113.50 — roughly half its June peak
Investing.com -- PayPal reported second-quarter earnings that topped Wall Street estimates on Wednesday and raised its full-year profit guidance.
Textron (TXT) delivered earnings and revenue surprises of +6.58% and +0.15%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
CMS Energy (CMS) delivered earnings and revenue surprises of 0.00% and -4.25%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Brookfield Asset Management expects about 6.5 gigawatts of data-centre capacity for artificial intelligence to come online in India over the next five years, a senior executive said on Tuesday. • Brookfield, a New York-based global alternative asset manager, expects AI inferencing demand in India to grow, Arpit Agrawal, managing partner and head of India and the Middle East for Brookfield's infrastructure group, said.
Corning posted core EPS of $0.78 and core sales of $4.74 billion in the second quarter, but its third-quarter outlook fell short of Wall Street expectations
SEATTLE, July 28 (Reuters) - Boeing on Tuesday reported a larger-than-expected quarterly loss after taking a $280 million charge on its troubled Air Force One replacement program, but generated positive free cash flow as its turnaround plans gained momentum. It took the charge due to higher engineering costs to ensure it delivers the two delayed U.
Social network operator Meta Platforms (NASDAQ:META) will be reporting earnings this Wednesday after market close. Here’s what to expect.
Amazon is shifting resources away from most of its flagship Nova AI models and prioritizing a new foundation model under development, according to a Business Insider report.
PayPal stock rose amid a Q2 earnings and revenue beat as investors awaited management commentary on takeover speculation.
Royal Caribbean Group cut its revenue outlook for the year, as prolonged geopolitical uncertainty hurt bookings in the second quarter.
The parcel delivery company posted adjusted earnings per share of $1.76, topping Wall Street's estimate of $1.66
(Bloomberg) -- Tesla Inc. struck a long-term deal to buy electricity from a KKR & Co.-backed solar and battery project in Arizona, developer ContourGlobal said. Most Read from BloombergNvidia’s $750 Billion in Deals Reignite Circular AI FearsChip Rout Deepens on Circular Funding, China Competition FearsDeepSeek Suspends Fundraising After Viral US-China PostsCitadel Securities Sees Warsh Delivering Surprise Fed HikeS&P 500 Wobbles as AI Angst Offsets Oil Decline: Markets WrapThe firm will sell 90
Investing.com -- Royal Caribbean Group (NYSE: RCL) reported its latest quarterly earnings on Tuesday, with revenue missing expectations, sending the stock down over 4% premarket.
U.S. online gambling operator BetMGM on Tuesday downgraded its annual outlook for the second time this year and pushed back its target of reaching $500 million in profit, as competition from prediction market platforms mounts intensifies. Licensed sportsbook operators in the U.S. are facing growing pressure from prediction market platforms such as Kalshi, while FanDuel, DraftKings and Fanatics have launched similar products, raising customer acquisition costs and threatening sports betting market share.