Peter Morici: U.S. and Europe are finding that breaking up with China is hard to do
Some large multinationals are reducing exposure to China, but many can’t -- or won't.
Need to Know: Manufacturing stalled in the first half. But now the stage is set for a recovery, says JPMorgan.
Factory output basically contributed nothing to the world economy. That may be out to change.
Earnings Results: Uber’s stock revs higher after earnings bring surprise profit, upbeat outlook
Uber could be at the beginning of a stretch of sustained profitability.
: Merck posts narrower-than-expected loss and sales top estimates
Merck & Co. Inc. MRK posted a narrower-than-expected loss for the second quarter early Tuesday following its acquisition of Prometheus Bio and sales that topped...
: Caterpillar reports big profit and revenue beats on higher volume and prices, but stock pulls back
Caterpillar Inc. CAT reported Tuesday second-quarter earnings that beat expectations by a wide margin, due to higher sales volume, higher pricing and improved margins. Meanwhile,...
: JetBlue Airways stock falls after it says it doesn’t expect a third-quarter profit
JetBlue Airways Corp. JBLU stock was down 6.8% in premarket trades on Tuesday after the domestic carrier warned it would post a potential third-quarter loss...
: Pfizer’s stock falls premarket as earnings fall sharply amid lower sales for its COVID vaccine and antiviral
Pfizer Inc. PFE stock fell premarket Tuesday, after the drug giant’s second-quarter earnings fell sharply from a year ago as sales of its COVID vaccine...
: Global Payments tops earnings expectations, nudges up full-year profit outlook, and stock gains
Shares of Global Payments Inc. GPN rose 0.9% in premarket trading Tuesday, after the payments technology company reported second-quarter earnings that beat expectations and nudged...
: Bloomin’ Brands Q2 profit beats Wall Street expectations
Bloomin’ Brands Inc. BLMN on Tuesday delivered stronger-than-expected second-quarter profit of $68.28 million, or 70 cents a share, after it reported a year-ago loss of...