Amazon Maintains Profit Run

The e-commerce giant's second-quarter sales of $113.1 billion were slightly less than analysts expected, breaking from a pattern set during the pandemic.

 
Boeing Space Flight Postponed After Mishap at Space Station

Boeing's Starliner space capsule was slated for launch Friday afternoon.

 
Pinterest Shares Fall as U.S. Monthly Average Users Decline

Revenue totaled $613.2 million, compared with $272.5 million a year earlier.

 
Bayer Plans for Roundup Litigation Claims Rising by $4.5 Billion

The German company is setting aside additional funds on top of its pledged $11.6 billion to resolve litigation alleging its weedkiller causes cancer.

 
Robinhood's Stock Price Falls After IPO

The company and its bankers priced the initial public offering on Wednesday evening at $38 per share, valuing the popular trading app at about $32 billion.

 
Scarlett Johansson Sues Disney Over 'Black Widow' Streaming Release

Scarlett Johansson, star of Marvel Entertainment's 2021 movie "Black Widow," has filed suit against Walt Disney Co. over the decision to release the movie on Disney+ at the same time as in theaters.

 
Northrop Grumman Lifted by Its Classified Government Programs

Northrop Grumman continued the run of strong results by defense contractors, with forecast-beating quarterly profits and a higher full-year earnings forecast as it booked more deals for classified government programs.

 
Comcast Profit Rises as Broadband and Wireless Businesses Grow

The company's theme-park segment also performed strongly in the second quarter, after the country began to reopen following Covid-19 shutdowns.

 
Global Brands Group's U.S. Footwear, Apparel Business Files for Bankruptcy

The North American division of Global Brands Group Holding filed for chapter 11 protection, putting its apparel and footwear brands up for sale with help from a $16 million bankruptcy loan.

 
Albertsons Prepares for Potential Covid-19 Restrictions

Its CEO said the supermarket company will comply with new mask and vaccine mandates that might result from the recent rise in Covid-19 cases.

(END) Dow Jones Newswires

July 29, 2021 17:00 ET (21:00 GMT)

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