Facebook's Ad Business Posts Another Strong Quarter

Facebook posted sharp growth in quarterly revenue and profit, fueled by robust digital ad spending, as it continues to face scrutiny over the size and influence of its platforms.

 
Ford Posts Surprise Profit Amid Strong New-Car Market

The auto maker expects vehicle production, hit hard by the global chip shortage, to recover in the second half of the year

 
Qualcomm Sees Path Out of Chip Shortage Stretching Into 2022

The provider of key circuitry in almost a third of new 5G handsets has secured more chip-making capacity at outside manufacturers, but it warned that the supply crunch could drag into next year.

 
Robinhood Is Warning You About Certain Risks Before You Invest in Its IPO

The trading app has grown explosively-and at times painfully-and challenges lie ahead as it makes its anticipated debut.

 
SEC Weighs Making Companies Liable for Climate Disclosures

Chairman Gary Gensler has asked staff to consider whether climate-related statements should be required in 10-K annual reports.

 
J&J Talc Claimants Seek to Pre-Empt Company's Bankruptcy Strategy

A committee of injury claimants is seeking a bankruptcy-court order prohibiting J&J from minimizing certain talc liabilities through bankruptcy.

 
Google's Costs Have Catching Up to Do

Surge in operating profit comes as R&D, capex and sales expenditures track below normal.

 
Citizens Financial to Buy Investors Bancorp in $3.5 Billion Deal

Citizens, based in Providence, R.I., said it would pay 0.297 share and $1.46 in cash for each share of New Jersey-based Investors.

 
Pfizer Stock Doesn't Need a Booster Shot

Covid-19 vaccine sales are still brisk, but the rest of Pfizer's business is in fine health.

 
Baxter in Early Talks to Buy Medical-Device Maker Hill-Rom

Baxter International is in talks to buy medical-equipment maker Hill-Rom Holdings, according to people familiar with the matter. Hill-Rom has already rebuffed a $144-per-share bid from Baxter, some of the people said.

(END) Dow Jones Newswires

July 28, 2021 17:15 ET (21:15 GMT)

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