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By By BARBARA ORTUTAY | July 28, 2015 2:48 pm
Twitter 2Q revenue grows sharply but user growth stays slow

Business News

  • FDA approves stomach-filling balloon for weight loss
    Associated Press | July 28, 2015 2:48 pm
    Federal health regulators say they have approved an inflatable medical balloon that helps patients lose weight by filling up space in the stomach.
  • US agency denies request for Fiat Chrysler investigation
    Associated Press | July 28, 2015 2:24 pm
    U.S. auto safety regulators have rejected a request from an advocacy group to investigate power system failures in almost 5 million Fiat Chrysler vehicles that potentially could cause stalling and other problems.
  • Gilead beats Street 2Q forecasts on surge in sales, profit
    Associated Press | July 28, 2015 2:18 pm
    Truvada, Stribild and Complera -- catapulted to become the world's ninth-biggest drugmaker by revenue, up from No. 20 last year, propelled by Harvoni and, to a lesser extent, by Sovaldi. That was launched in December 2013, followed by Harvoni last October.
  • In Tech: New Motorola smartphones; faster future memory chip
    Associated Press | July 28, 2015 1:36 pm
    the Moto G, Moto X Play and Moto X Style -- will appeal largely to people who have to pay full prices for phones, rather than discounted prices that come with two-year service contracts.
  • Figures on government spending and debt
    Associated Press | July 28, 2015 1:12 pm
    Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.
  • SuperValu may spin off Save-A-Lot into separate company
    Associated Press | July 28, 2015 12:42 pm
    SuperValu said Tuesday that it may spin off its discount grocer Save-A-Lot into a separate publicly traded company as competition in the industry intensifies.
  • Correction: San Francisco-Soda Warning story
    Associated Press | July 28, 2015 10:42 am
    In a story July 26 about a lawsuit against San Francisco by the American Beverage Association, The Associated Press reported erroneously where the city's health warning labels would be posted. The labels are to be placed on advertisements for certain sugary drinks, not on the beverages.
  • Freeport-McCoRan launches business review to cut costs
    Associated Press | July 28, 2015 10:06 am
    Shares of Freeport-McMoRan jumped Tuesday after the company said it has started reviewing its mining and oil and gas businesses to look for cost-cutting opportunities in the face of weak markets for...
  • Ford surprises in 2Q with record North American profit
    Associated Press | July 28, 2015 9:42 am
    Ford Motor Co.'s net income jumped 44 percent to $1.9 billion in the second quarter as global sales rose and customers paid more for new trucks and SUVs with premium features.
  • Merck tops Street 2Q forecasts despite lower sales, profit
    Associated Press | July 28, 2015 7:18 am
    and bringing in billions of dollars a year. Merck's drug targets patients not helped much by the current drugs, those with a subtype called genotype 4 and those with chronic kidney disease.
  • Drugmaker Pfizer tops Street 2Q forecasts, raises forecast
    Associated Press | July 28, 2015 7:12 am
    Pfizer beat Wall Street expectations for the second quarter and raised its 2015 forecast, as sales of several products helped inoculate the world's second-largest drugmaker against revenue hits from...
  • Microsoft launches Windows 10: Here's what that means
    Associated Press | July 28, 2015 6:30 am
    Microsoft's new Windows 10 operating system debuts Wednesday, as the longtime leader in PC software struggles to carve out a new role in a world where people increasingly rely on smartphones, tablets and information stored online.
  • DuPont cuts forecast on agriculture sales drop
    Associated Press | July 28, 2015 6:24 am
    DuPont's second-quarter profit fell 12 percent, and the chemical company lowered its forecast for the year after a stronger dollar and a sales drop in its agriculture segment affected results.
  • UPS 2Q profit beats Street as overseas business improves
    Associated Press | July 28, 2015 6:12 am
    Overseas business helped UPS during its second quarter, as did the absence of a hefty charge recorded a year ago.

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