Gilead quarterly profit falls on COVID sales drop, legal settlement charge
By Michael Erman (Reuters) -Gilead Sciences on Thursday reported lower second-quarter profit as costs from...
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Occidental Petroleum misses on quarterly profit, raises full-year output
By Mrinalika Roy and Arathy Somasekhar (Reuters) -Occidental Petroleum on Wednesday raised its full-year production...
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PayPal’s weak margin eclipses upbeat spending outlook
By Sri Hari N S and Manya Saini (Reuters) -PayPal Holdings shares fell 7% in...
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Qualcomm forecasts sales below estimates as smartphone slump persists
By Chavi Mehta, Stephen Nellis and Max A. Cherney (Reuters) -Qualcomm forecast fourth-quarter sales below...
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Wells Fargo expects to pay up to $1.8 billion to help refill FDIC fund
NEW YORK (Reuters) -Wells Fargo said on Tuesday it expects to pay as much as...
Toyota to boost EV development and technology in China
By Daniel Leussink TOKYO (Reuters) – Toyota will strengthen development of electric vehicle technology in...
Metal Markets
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Exclusive-Sigma Lithium CEO says in talks with potential buyers
By Ernest Scheyder (Reuters) – Sigma Lithium is working with Bank of America to coordinate...
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US regulators kick off contentious effort to hike bank capital
By Pete Schroeder WASHINGTON (Reuters) -U.S. regulators launched an ambitious effort that would order large...
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AbbVie trims forecast for Humira sales drop on favorable coverage
By Leroy Leo and Patrick Wingrove (Reuters) -AbbVie on Thursday trimmed its 2023 view for...
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S&P Global misses profit estimates as commodity insights, indices units struggle
(Reuters) – S&P Global Inc missed profit estimates for the second quarter on Thursday, as...