PepsiCo quarterly profit falls 2 percent

- PepsiCo Inc reported a 2 percent fall in second-quarter profit as carbonated soft drink volumes declined 2 percent in North America.

Recent Business News

NY Fed found serious problems at Deutsche Bank's U.S. arms: source

FRANKFURT, - The Federal Reserve Bank of New York has found serious problems in Deutsche Bank's U.S. operations, including shoddy financial reporting, weak technology and inadequate auditing and oversight, a person close to the matter told Reuters.

Whirlpool posts lower profit, cuts outlook on acquisition expenses

- Whirlpool Corp on Wednesday reported a lower quarterly profit as sales fell in every region except North America. The company also cut its full-year earnings outlook, citing expenses from two pending acquisitions.

6:41am EDT

Delta Air quarterly profit rises, aided by U.S. demand

- Delta Air Lines on Wednesday posted a higher quarterly profit as it flew fuller planes and had revenue increases in the United States and Europe.

7:54am EDT

Fiat CEO says tie-up with Volkswagen was never on agenda

TURIN Italy - Fiat Chrysler CEO Sergio Marchionne on Wednesday quashed speculation of a possible tie-up with Germany's Volkswagen , saying the idea had never been on the agenda.

Deals, Germany 7:38am EDT

Wall Street rejects Ackman's Herbalife 'death blow'

NEW YORK - Billionaire investor William Ackman's latest volley of accusations against Herbalife Ltd on Tuesday missed its mark on Wall Street, with investors sending the stock price soaring 25 percent.

5:24am EDT


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