Sherwin-Williams: 2nd quarter earnings snapshot
CLEVELAND — Sherwin-Williams Co. today reported second-quarter net income of $595.9 million. On a per-share basis, the company said it had profit of $6.48. Earnings,…
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Pfizer sales take a hit during pandemic
Pfizer reported a 32% plunge in second-quarter profit, mainly due to the global coronavirus pandemic limiting marketing of and new prescriptions for its medicines. Pfizer…
Cosmetology students, hairstylists describe a race divide
NEW YORK — After repeatedly being denied service by high-end salons because her hair was perceived as “too difficult” to style, Kanessa Alexander took an…
McDonald’s facing bumpy recovery, sales down 30%
Business did improve for McDonald’s throughout the second quarter as restrictions lifted across the globe, but the fast food giant faces a bumpy — and…
Wall Street returns to rallying; gold jumps to record high
NEW YORK (AP) — Wall Street’s rally got back on track Monday, while gold rushed to a record at the start of a week packed…
Regulators warn Under Armour over accounting disclosures
NEW YORK — Under Armour said today that it received a warning from U.S. regulators that the company and two of its executives could be…
Stocks resume rise, gold rushes to record ahead of busy week
NEW YORK — Stocks are rising on Wall Street today, while gold rushes to a record at the start of a week packed with potentially…
Virus vaccine put to final test in thousands of volunteers
The world’s biggest COVID-19 vaccine study got underway Monday with the first of 30,000 planned volunteers helping to test shots created by the U.S. government…
Walgreens CEO Pessina to step down, become executive chair
Walgreens’ Stefano Pessina will step down as CEO and become executive chairman once the drugstore chain finds a replacement for him. The current executive chairman,…
Orders for big-ticket manufactured goods jump 7.3% in June
WASHINGTON (AP) — Orders for big-ticket manufactured goods rose a solid 7.3% in June, the second big monthly gain as manufacturing tries to climb out…