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Business News
AB InBev earnings rise, sees US improving
AMSTERDAM (AP) -- Budweiser brewer AB InBev SA, the world's largest beer maker, says sales and underlying earnings grew in the second quarter, with 7.2 percent growth in Brazil, thanks in part to the World Cup, and it sees an improving economic outlook in the U.S....
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Sanofi 2nd quarter profit surges
PARIS (AP) -- French drug maker Sanofi said Thursday its earnings soared in the second quarter thanks to lower accounting charges than a year earlier, and the company lifted it full-year profit forecast....
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Shell profit up on higher oil prices
AMSTERDAM (AP) -- Royal Dutch Shell PLC, Europe's largest oil company, says second quarter earnings rose on higher production and higher selling prices for oil, and fewer one-time charges....
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Whole Foods plans major marketing push
NEW YORK (AP) -- Whole Foods is getting ready to launch its first national marketing campaign and expand home delivery as it looks to fend off bigger players muscling into the organic and natural foods category....
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US judge slaps $1.3B fine on Bank of America
NEW YORK (AP) -- A federal judge imposed a $1.3 billion civil penalty against Bank of America on Wednesday for its role in selling risky mortgages to Fannie Mae and Freddie Mac that were advertised as safe investments....
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