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MEXICO CITY (Reuters) -Steel producer Ternium reported on Tuesday a 19% drop in its second-quarter net profit from the year-ago period, as the costs of sales and expenses grew. The company's net profi...

WASHINGTON (Reuters) - White House competition adviser Tim Wu plans to step down in the coming months and return to the academic world, a source told Reuters. President Joe Biden named Wu, a Columbia ...

(Reuters) - Gilead Sciences Inc on Tuesday said its second-quarter adjusted profit fell 13% due to higher research and royalty costs as well as a downturn in sales of its COVID-19 antiviral drug Veklu...

(Reuters) - Occidental Petroleum Corp posted a sequential rise in second-quarter profit, as the U.S. shale producer benefited from higher crude prices. The company's net earnings attributable to commo...

(Reuters) -Advanced Micro Devices Inc on Tuesday forecast third-quarter revenue largely below estimates, sending the chip designer's shares down 5%. The company expects revenue of $6.7 billion, plus o...

By Ernest Scheyder (Reuters) - General Motors Co is prepaying Livent Corp $198 million for a guaranteed six-year supply of lithium to build electric vehicle batteries, a deal that underscores surging ...

(Reuters) - PayPal Holdings said on Tuesday Elliott Investment Management has an over $2 billion investment in the company, making the activist investor one of the largest shareholders in the fintech ...

(Reuters) -Starbucks Corp missed Wall Street estimates for quarterly comparable sales on Tuesday, as business in China took a hit due to renewed lockdowns, taking the shine off strong demand for its c...

(Reuters) -U.S. shale producers Chesapeake Energy Corp and Coterra Energy Inc reported strong second-quarter profits on Tuesday on the back of multi-year high crude and gas prices. Oil and gas prices ...

(Reuters) -Vacation rental Airbnb Inc forecast current-quarter bookings at par with the previous quarter, disappointing investors who had expected accelerated growth thanks to summer demand and sendin...