Business

Gucci sales decline slows in boost for Kering's turnaround efforts

Gucci sales decline slows in boost for Kering's turnaround efforts

By Dominique Patton PARIS, July 28 (Reuters) - Sales at Kering's flagship brand Gucci fell 2% in the second quarter…

July 28, 2026

Chobani must face lawsuit over zero-sugar yogurt claim, US appeals court rules

By Jonathan Stempel July 28 (Reuters) - A federal appeals court has revived a proposed class-action lawsuit accusing Chobani of…

July 28, 2026

Oil prices fall 2% on hopes for US-Iran conflict easing

By Scott DiSavino July 28 (Reuters) - Oil prices slid about 2% to a one-week low on Tuesday on cautious…

July 28, 2026

Corning falls over 20% after forecasting weaker-than-expected sales

July 28 (Reuters) - Corning on Tuesday forecast third-quarter sales slightly short of Wall Street expectations after reporting slower growth…

July 28, 2026

Nasdaq opens lower as AI worries mount ahead of pivotal earnings

July 28 (Reuters) - The Nasdaq opened lower on Tuesday, mirroring a cautious mood across global markets toward AI chip…

July 28, 2026

Visa plans to cut 7% of workforce, Bloomberg News reports

July 28 (Reuters) - Visa plans to cut 7% of its workforce, or about 2,600 jobs, Bloomberg News reported on…

July 28, 2026

Meta, BlackRock partner on $14 billion El Paso data center venture

By Jaspreet Singh July 28 (Reuters) - Meta Platforms and the world's largest asset manager BlackRock on Tuesday announced a…

July 28, 2026

Boeing posts larger-than-expected Q2 loss as Air Force One costs rise

By Dan Catchpole SEATTLE, July 28 (Reuters) - Boeing on Tuesday reported a larger-than-expected quarterly loss after taking a $280…

July 28, 2026

Coca-Cola hails World Cup sales boost as it lifts annual forecasts

July 28 (Reuters) - Coca-Cola on Tuesday raised its annual forecasts after it beat second-quarter estimates, driven by robust U.S.…

July 28, 2026

Amazon winds down most flagship AI models in strategy overhaul, Business Insider reports

July 28 (Reuters) - Amazon.com is revamping its AI strategy, winding down many of its in-house AI models and sharpening…

July 28, 2026