De Beers is pouring money into an operation that mines diamonds at the bottom of the ocean, yielding some of the world’s highest-quality gems.
Newspapers are suffering an accelerating drop in print advertising, a market already under stress, forcing some publishers to consider significant cost cuts and dramatic changes to print and digital products.
For the past couple of years, the problem for consumer-goods groups has been slowing sales growth in a deflationary retail environment. But attention could now turn to profit margins.
American Express beat estimates for third-quarter earnings but still faces strong competitive pressure.
Verizon Communications reported declining revenue and plunging subscriber growth, and said it is assessing whether it will need to renegotiate its acquisition of Yahoo after a major data breach.
When banks trade at very low valuations that hurts the supply of credit to the economy.
A pickup in home sales last month signaled stabilization in the U.S. housing sector despite continued pressure from tight inventory and rising prices.
The number of Americans seeking first-time jobless benefits rose last week, but the jump could reflect a hurricane striking the Southeast and a bounce back after touching a four-decade low.
Fortinet’s recent warning is the latest sign that cybersecurity demand is moderating.
The software giant’s continued transition to the cloud will likely dictate its stock price’s next move.