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The announcement underscores the threat to European and U.S. automakers posed by Chinese electric-vehicle manufacturers.

A small acceleration in the second quarter was better than analysts had expected.

It was a steep fall from last year’s record profit, but still enough for the company to introduce additional dividend payments and increase capital investment.

The satellite launch company, founded by Richard Branson, announced sweeping cuts last week as it struggled to recover from a high-profile rocket failure in January.

The economists, who won this year’s Nobel Memorial Prize in economics, have spent their careers studying how things can go wrong with banks.

The giant oil producer said it earned nearly $50 billion last quarter, the latest energy company to record outsize profits after the surge in crude...

The carrier’s woes are part of a summer full of problems for Europe’s travel industry, including staffing shortages and walkouts by fed-up employees.

The sharp jump in energy prices appeared to be tied to concerns that contracts with Russian suppliers of gas and oil could prompt penalties under...

Futures for the S&P 500 were pointing to a 0.9 percent decline after a roller coaster session on Monday in which the market fell as...