Diageo's Operating Profit Edges Down

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Diageo reported lower operating profit for the year as the world’s largest spirits maker was hit by weaker sales in its key North America business.

Siemens Hit by Weaker Energy Business

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German industrial conglomerate Siemens reported a slight decline in quarterly profit, held back by weak growth at its power and gas division as it continues to be squeezed by low global oil prices.

Shell Profit Drops, to Cut 6,500 Jobs

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Shell reported a sharp fall in second-quarter profit and said it would cut 6,500 jobs, illustrating the strain sustained low oil prices are putting on large producers.

Sony Net Profit Surges in First Quarter

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Sony’s net profit more than triples in April-June on strong sales in its videogame and smartphone image sensor divisions.

Santander Posts Sharp Rise in Profit

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Santander reported a near 18% rise in second-quarter net profit lifted by higher fees and stronger lending.

Facebook's Heft Comes at a Cost

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As Facebook grows off a huge base, it is getting expensive.

Fed Preps Careful Path for Rate Hike

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The Federal Reserve kept rates near zero but cited progress in the U.S. job market, a sign it remains on course to raise interest rates in September or later this year.

Hackers Trick Email Systems Into Wiring Them Large Sums

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Cybercriminals are exploiting publicly available information and weaknesses in corporate email systems to trick small businesses into transferring large sums of money into fraudulent bank accounts.

Startups Scramble to Define 'Employee'

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Lawsuits over worker classification are casting an investment chill over startups and are prompting some founders to switch their business models.

Marketers Use Metal to Talk Tough

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Metals and elements permeate language, but the gold standard is constantly changing. These days, the use of metallic adjectives is more popular than ever, as makers of cars and airplanes tinker with alloys.

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