Chipotle Mexican Grill Inc.’s second-quarter sales fell just short of Wall Street’s expectations and its third-quarter outlook disappointed investors, sending the shares on their steepest drop since 2020.
Comcast Corp. shares gained as much as 8% Thursday after reporting profit that topped analysts’ estimates in the second quarter, even as internet and TV subscribers vanished.
Southwest Airlines Co. plunged the most in almost a year after warning of higher-than-expected costs, pressuring the carrier’s earnings and countering gains from a surge in early-summer travel.
North Korea held a military parade in central Pyongyang as it marks the anniversary for the end of Korean War fighting 70 years ago with delegations from its most important security and economic partners — China and Russia.
US economic growth unexpectedly picked up steam in the second quarter thanks to resilience among consumers and businesses in the face of high interest rates.
(Bloomberg) — European Central Bank President Christine Lagarde said officials have an “open mind” on what to do next after lifting interest rates by another quarter-point on Thursday.
Centrica Plc, the owner of British Gas, will increase returns to shareholders after it benefited from record profits in its UK energy retail supply business in the first half of the year.
McDonald’s Corp. reported second-quarter sales and profits that surpassed analysts’ projections but warned of slower growth later this year amid a challenging economic backdrop.
Meta Platforms Inc. shares are clawing their way back to levels last seen about a year-and-a-half ago after the social media company reported strong results for the second quarter and gave an optimistic outlook for the current period.
NatWest Group Plc said the head of its Coutts subsidiary is stepping down, the latest senior figure to leave the bank as it tries to address the scandal around account closures.
