Amazon Maintains Profit Run 
 

The e-commerce giant reported strong results that showcased its dominance even as a slight slowdown in e-commerce sales highlighted the challenge of sustaining the growth it has logged during the pandemic.

 
Procter & Gamble CEO David Taylor to Step Aside 
 

He will be succeeded on Nov. 1 by his top deputy, Jon Moeller, who has been P&G's finance chief and was promoted to chief operating officer.

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

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

 
Robinhood IPO Was No Feather in Its Cap 
 

The retail-heavy strategy of its IPO may be questioned after its first-day drop, but the broker's fundamentals are what matter now.

 
Boeing Space Flight Postponed After Mishap at Space Station 
 

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

 
Nikola Founder Trevor Milton Charged With Securities Fraud 
 

Federal prosecutors allege Mr. Milton took part in a scheme to defraud investors by getting them to purchase shares of Nikola by making false statements about the company's product and technology development.

 
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.

 
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.

 
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.

 
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.

(END) Dow Jones Newswires

July 29, 2021 19:00 ET (23:00 GMT)

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