Size, space and utility have made the three-row SUV a mainstay of American family life. But with more than dozen mainstream models on the market, choosing one can feel daunting. Thankfully, Edmunds has tested them all and identified the five best midsize three-row SUVs. From the top-ranked Hyundai P
July 29 (Reuters) – Low-cost carrier Frontier forecast third-quarter earnings above Wall Street estimates on Wednesday betting on higher airfares and strong demand following its rival Spirit’s exit, even as the Middle East conflict keeps jet fuel costs elevated. The company’s shares were up 2.4% in
July 29 (Reuters) – Grant Thornton Advisors will buy professional services firm CBIZ for $5 billion in cash, the companies said on Wednesday, in a deal that would create one of the biggest accounting services providers in the United States. CBIZ shares jumped 17.5% in premarket trading. The deal wou
By Marc Jones LONDON, July 29 (Reuters) – El Niño is unlikely on its own to lead to sovereign rating downgrades unless the weather phenomenon proves significantly more severe than expected or governments respond with costly support measures, one of S&P Global’s top analysts has said. Joydeep Mukherj
By Karl Plume and Katha Kalia July 29 (Reuters) – U.S. agribusiness Bunge Global raised its full-year adjusted profit forecast on Wednesday as it beat Wall Street estimates for second-quarter earnings on robust processing margins for soybeans and other oilseeds and strong demand. Soaring crude oil p
By Manya Saini July 29 (Reuters) – Fintech SoFi raised its 2026 revenue growth forecast above Wall Street expectations on Wednesday after posting a market-beating second quarter, driven by record member growth and loan originations. Despite an uncertain macroeconomic environment, elevated interest r
By Juveria Tabassum and Alexander Marrow July 29 (Reuters) – Procter & Gamble forecast slower revenue and profit growth in fiscal 2027 on Wednesday after quarterly sales missed estimates due to uneven demand in categories such as grooming and oral care from a “very challenging geopolitical and econo
By Amanda Cooper July 29 (Reuters) – Shares in companies driving the AI boom have been under pressure for weeks. Now their bonds are coming under strain too, pushing up the cost of insuring debt issued by companies such as Oracle, Nvidia and Apple against default. The move reflects growing concern a
BERLIN, July 29 (Reuters) – German defence contractor Rheinmetall reported a stronger-than-expected second-quarter operating profit on Wednesday as booming demand for military equipment helped drive a sharp increase in revenue across all business segments. Operating profit climbed to €562 million ($
By Laura Matthews NEW YORK, July 29 (Reuters) – Options traders expect a roughly $190 billion swing in Microsoft’s market value after it reports earnings on Wednesday, an unusually large move that underscores investors’ growing eagerness to see if billions of dollars in AI spending are beginning to
By Mircely Guanipa , Tibisay Romero and Deisy Buitrago PUNTO FIJO/EL PALITO, Venezuela, July 29 (Reuters) – The Paraguana Refining Center in Western Venezuela once symbolized the country’s oil wealth and its ambition to turn vast crude reserves into fuels and export revenue. Today, the 955,000-barre
By Sumit Saha July 28 (Reuters) – U.S. Midwest utility DTE Energy beat Wall Street estimates for second-quarter profit on Tuesday, as stronger earnings from its energy trading business helped offset weaker results at its electric and gas operations. DTE’s shares rose 2% in the morning trade. The com
By Rachel More BERLIN, July 29 (Reuters) – Porsche’s restructuring measures have enabled the luxury carmaker to confirm 2026 guidance despite multiple challenges, it said after reporting half-year results on Wednesday. CEO Michael Leiters said the company, majority owned by Volkswagen, had worked in
HANOI, Vietnam (AP) — Vietnam’s biggest conglomerate, Vingroup, is moving into global markets as business at home slows, planning nearly two dozen projects in at least 15 countries, from a “Vietnam Town” in Uzbekistan to smart cities in India and a riverfront development in Congo. Profits from Vingr
By Gregor Stuart Hunter, Rae Wee and Jihoon Lee SINGAPORE/SEOUL, July 29 (Reuters) – South Korean stocks plunged for a second straight session on Wednesday as Asia’s sparkling AI-fuelled rally turns into a record-breaking rout that is torching small investors. The benchmark KOSPI index dived as much
SINGAPORE, July 29 (Reuters) – Bank of Singapore, the private banking arm of Oversea-Chinese Banking Corp, has begun rolling out an agentic AI platform that will cut new account opening times for wealth clients down to 15 business days from more than 30. Here are some details: • The platform, named
July 29 (Reuters) – Aston Martin’s second-quarter loss narrowed from year ago, backed by solid sales of its Valhalla plug-in hybrid supercar and strict cost discipline, the British luxury carmaker said on Wednesday. The carmaker has been navigating U.S.-tariffs and taxes on luxury cars in its major
By Ariane Luthi ZURICH, July 29 (Reuters) – UBS booked a 17% jump in second-quarter profit on Wednesday, ahead of expectations, and said it plans to buy back shares worth $3 billion by the middle of next year at the latest. Of that, it intends to repurchase at least $1 billion of shares over the nex
TOKYO (AP) — Asian shares were mixed but South Korea’s Kospi stock index dropped 7% on Wednesday as doubts over massive investments in artificial intelligence once again led investors to dump chipmaker shares. U.S. futures edged lower. The latest rout was led by a plunge in shares in chipmaker SK Hy
A look at the day ahead in European and global markets from Ankur Banerjee Blockbuster earnings from chipmaker SK Hynix did little to quell investor fear about AI risk as a rout in chip stocks deepened, setting the stage for results from Big Tech firms this week. SK Hynix’s April-June operating prof
NEW DELHI (AP) — In an affluent neighborhood in Delhi, electric vehicle charging stations near a popular shopping area were busy with drivers powering up their scooters, trucks and cars. India’s capital city is in dire need of more charging facilities, EV drivers say, to implement an ambitious plan
By Ankur Banerjee SINGAPORE, July 29 (Reuters) – Asian stocks rebounded on Wednesday after a brutal selloff a day earlier as anxiety about valuations, rising competition and AI spending rocked markets ahead of crucial earnings from big tech firms and a Federal Reserve policy decision. Oil prices jum
LOS ANGELES (AP) — Members of the Hollywood Foreign Press, which founded and for decades owned the Golden Globe Awards, have sued Penske Media Corporation and others, alleging they engaged in fraud to acquire the valuable awards show in an attempt to create an entertainment industry monopoly. The la
NEW YORK (AP) — Two months after a major shakeup, CBS’s “60 Minutes” has hired a lineup of new correspondents and contributors in time for its 59th season, including Ross Douthat, a conservative opinion columnist at The New York Times, and Norah O’Donnell, former anchor of “CBS Evening News.” The sh
By Nora Eckert DETROIT, July 28 (Reuters) – Ford Motor on Tuesday raised its annual profit outlook for a second time this year, following rival GM’s move last week, citing “resilient” customers who are buying the company’s pricey pickup trucks. Ford’s shares were up 5.4% in after-hours trading after
By Rae Wee SINGAPORE, July 29 (Reuters) – The U.S. dollar held near a one-month high on Wednesday as hostilities flared anew in the Middle East, while traders awaited a key Federal Reserve interest rate decision later in the day. The Australian dollar slid after inflation data came in below expectat
By Laila Kearney NEW YORK, July 29 (Reuters) – Oil prices rose by more than $2 a barrel in early trade on Wednesday on shrinking U.S. crude inventories, recouping some of the previous session’s losses caused by a pause in fighting between Washington and Tehran. Brent futures increased by $2.71, or 3
July 28 (Reuters) – Cadbury parent Mondelez International beat Wall Street estimates for second-quarter revenue and profit on Tuesday, helped by steady demand for biscuits and chocolates in key markets, as well as higher pricing. Its shares rose nearly 2% in extended trading, after the company also
TORONTO (AP) — Amazon’s Prime Video will exclusively broadcast Wednesday night national NHL regular-season games in Canada in English and French beginning next season as part of a new 12-year licensing agreement with Rogers Communications Inc. announced Tuesday. The streaming service will also carry
WASHINGTON (AP) — A White House teleprompter operator who was put on unpaid leave after news reports he had used inside knowledge to make bets about President Donald Trump’s speeches on the online prediction market Kalshi is no longer in his post, according to a White House official. The official, w
