Jeep, Dodge-maker Stellantis reports 48% drop in first-half net profit on weak U.S. sales
Auto giant Stellantis on Thursday reported a steep drop in first-half net profit, citing reduced volumes and lower market share in North America.
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Keurig Dr Pepper earnings meet estimates as higher prices fuel U.S. soda sales
Keurig Dr Pepper’s second-quarter earnings and revenue met Wall Street’s expectations.
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Britain will soon lay out new plans to regulate ‘buy now, pay later’ firms like Klarna after delays
A U.K. Treasury department spokesperson said the government will set out plans to regulate “buy now, pay later” plans “shortly.”
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American shares drop 7% on weak profit forecast after backfired sales plan, industry oversupply
The carrier’s profit fell 46% during the second quarter even though revenues rose.
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Wildfires across western U.S. and Canada force thousands to evacuate
The U.S. Forest Service is at “the highest level of wildfire response possible,” as western forests grapple with record-breaking dry timber conditions.
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Southwest profit falls 46% as airline takes ‘urgent’ steps to increase revenue
Southwest is under pressure from an activist investor after it lagged competitors.
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Southwest to get rid of open seating, offer extra legroom in biggest shift in its history
Southwest is under pressure to drum up revenue from an oversupplied U.S. market and an activist investor.
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Injured Nuwan Thushara ruled out of India T20I series
Sri Lanka’s Nuwan Thushara will miss the T20 series against India due to a left thumb injury suffered during training. Dilshan Madushanka replaces him. Asitha Fernando had already substituted for the unwell Dushmantha Chameera.
