Japanese car maker Nissan Motor Co said it is axing 12,500 jobs and warned a quick turnaround in its performance was not imminent after reporting its quarterly profit was nearly wiped out.
Nike Inc , the world's largest sportswear maker, is exploring options for its surfwear brand Hurley International, including its possible divestment, according to people familiar with the matter.
Consumer goods giant Unilever Plc reported slightly weaker-than-expected quarterly underlying sales growth on Thursday, hit by wet weather in Europe and moderating growth in India, but kept its full-year sales target intact.
Oil prices rose on Thursday amid Middle East tensions and a big fall in U.S. crude stocks, but gains were capped as weak Western manufacturing data indicated slowing economic growth and in turn the potential for reduced fuel demand.
Euro and bond yields wilted on Thursday as a slump in German business confidence piled the pressure on the European Central Bank to push interest rates even deeper into sub-zero territory later.
Southwest Airlines Co squeezed out a small profit in the second quarter as it struggled with the grounding of Boeing MAX jets, the carrier said on Thursday, extending its suspension of flights on the planes till Jan. 5.
Oil prices rose 1% on Thursday amid Middle East tensions and a big fall in U.S. crude stocks, but gains were capped as weak manufacturing data in Western nations indicated slowing economic growth that could reduce fuel demand.
U.S. chemical company Dow Inc posted a better-than-expected quarterly profit on Thursday, and cut its spending for the year by 25% against the backdrop of prolonged trade tensions.
French energy giant Total will sell around $5 billion worth of assets, mostly from its upstream exploration and production business, as it seeks to focus on low breakeven projects that can weather weak oil prices, it said on Thursday.
Half of U.S. adults have a credit card that offers cash back, vs. just 1 in 5 who have a travel rewards card, according to Creditcards.com.
You & Sundry, the first social salon for the LGBTQ+ community, is raising funds on WeFunder. The company started as barbershop pop-ups and grew the brand quickly after that. The first social parlor is aimed to be as a member club with exclusivity and self-care, including a full-service salon and a main lounge or event [...]
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Chocolate maker Hershey Co cut its full-year sales forecast on Thursday, overshadowing a better-than-expected quarterly profit and sending its shares down 3%.
Southwest Airlines Co eked out a small profit in the second quarter on Thursday as strong bookings offset the financial blow of the grounding of Boeing 737 MAX jets, which forced the carrier to cease operations at Newark Liberty International airport.
KKR & Co said it is buying Campbell Soup Co's Australian snacks unit Arnott's Biscuits that will give it ownership of top-selling cookie brands such as Tim Tam, in a deal local media reported was worth $2.2 billion.
Philippines' Jollibee Foods Corp said on Wednesday it is buying U.S. brand Coffee Bean & Tea Leaf for $100 million.