• Mini recalls about 35K cars to bolster side crash resistance

    Updated: Wed, Jul 29, 2015

    DETROIT (AP) — Mini is recalling about 35,000 cars in the U.S. and Canada because they don't meet side-impact crash-test requirements. The recall includes certain Cooper and Cooper S Hardtop two-door cars from 2014 and 2015, as well as the 2015 John Cooper Works Hardtop two-door. The...

  • US strength helps Goodyear top expectations

    Updated: Wed, Jul 29, 2015

    AKRON, Ohio (AP) — The Goodyear Tire & Rubber Co. on Wednesday reported a drop in second-quarter profit as a strong U.S. dollar cut into international sales, but the results beat Wall Street expectations. The tire maker's profit fell 9.9 percent to $192 million, or 70 cents per share....

  • Oculus debuts virtual reality film 'Henry'

    Updated: Wed, Jul 29, 2015

    BEVERLY HILLS, Calif. (AP) — Oculus is hedging its bets that an adorable critter named Henry can help convince consumers — and Hollywood — about the viability of virtual reality as a storytelling medium. The VR company, which Facebook acquired for nearly $2 billion last year, debuted...

  • Exelon beats 2Q profit forecasts

    Updated: 5 min ago

    CHICAGO (AP) — Exelon Corp. (EXC) on Wednesday reported second-quarter net income of $638 million. The Chicago-based company said it had net income of 74 cents per share. Earnings, adjusted for one-time gains and costs, were 59 cents per share. The results exceeded Wall Street...

  • MasterCard meets 2Q profit forecasts

    Updated: 12 min ago

    PURCHASE, N.Y. (AP) — MasterCard Inc. (MA) on Wednesday reported second-quarter net income of $921 million. The Purchase, New York-based company said it had net income of 81 cents per share. Earnings, adjusted for non-recurring costs, were 85 cents per share. The results met Wall...

  • PG&E beats 2Q profit forecasts

    Updated: 15 min ago

    SAN FRANCISCO (AP) — Pacific Gas & Electric Co. (PCG) on Wednesday reported second-quarter earnings of $406 million. The San Francisco-based company said it had profit of 83 cents per share. Earnings, adjusted for non-recurring costs, were 91 cents per share. The results surpassed...

  • Revlon posts 2Q profit

    Updated: 16 min ago

    NEW YORK (AP) — Revlon Inc. (REV) on Wednesday reported second-quarter earnings of $26 million. The New York-based company said it had net income of 49 cents per share. Earnings, adjusted for one-time gains and costs, came to 55 cents per share. The beauty products maker posted...

  • Altria sells more Marlboros, raises earnings outlook

    Updated: 39 min ago

    RICHMOND, Va. (AP) — Altria's second-quarter profit climbed, benefiting from selling more cigarettes and raising prices. The Marlboro maker also lifted its 2015 adjusted profit forecast and announced a $1 billion stock repurchase program. The increase in cigarettes sold is unusual in...

  • Humana beats 2Q profit forecasts

    Updated: 44 min ago

    LOUISVILLE, Ky. (AP) — Humana Inc. (HUM) on Wednesday reported second-quarter earnings of $431 million. The Louisville, Kentucky-based company said it had profit of $2.85 per share. Earnings, adjusted for non-recurring gains, came to $1.67 per share. The results exceeded Wall Street...

  • Hess reports 2Q loss

    Updated: 52 min ago

    NEW YORK (AP) — Hess Corp. (HES) on Wednesday reported a second-quarter loss of $567 million, after reporting a profit in the same period a year earlier. On a per-share basis, the New York-based company said it had a loss of $1.99. Losses, adjusted for non-recurring costs and to...

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