Outgoing president says outlook is worsening and inflation is well below target

Firm refuses to say where cuts will fall but unions are hopeful for UK’s largest car plant

Apple snaps up Intel’s smartphone modem division for $1 billion as iPhone maker gears up for next generation of wireless technology.

Google parent Alphabet beat analyst expectations for its second quarter financials Thursday, pleasing investors and sending its stock price up.

Tesla suffers $408 million loss in second quarter, further underscoring challenges facing the electric car maker.

Ford 2Q earnings fall 86% on restructuring costs, and company says there’s more changes to come.

Norfolk Southern’s 2Q earnings chugged ahead 2% even though the railroad hauled 4% less freight because it was able to raise its shipping rates.

US new home sales rise 7% in June after 2 months of decline.

Visa’s 3Q profits rise by 11% from a year earlier, helped by more spending on its payment network.

Coke with coffee? Coke shares hit all-time high as new drinks drive revenue growth.