Recent Business News
Starbucks Corp's shares fell more than 7 percent on Friday as its membership growth slowed in the United States, triggering concerns over the U.S. coffee chain's ability to meet long-term growth targets.
Chevron Corp swung to a quarterly profit on Friday, helped largely by resurgence in oil and gas production as prices jumped and costs slipped.
MUENCHEN Volkswagen's luxury brand Audi will replace four out of seven management board members, three sources said on Friday.
MILAN Telecom Italia named Vivendi's Amos Genish as its general manager for operations on Friday as the French media giant tightened its grip on the Italian phone group, where it is the largest shareholder.
American Airlines Group Inc on Friday reported quarterly revenue and adjusted profit that beat analyst projections, helped by strong passenger demand and improving average fares.