PepsiCo Soda Sales Slide, But Cost Cuts Bolster Bottom Line
PepsiCo continued to see sales slide for its sodas in the latest quarter, but the beverage giant said efforts to cut costs helped protect its bottom line.
NXP Deal Is Likely Qualcomm's Best Defense Against Broadcom
In Qualcomm's quest to avoid being swallowed by Broadcom, its best bet to remain independent may be completing its own giant acquisition. But it is running out of time.
Amazon's Latest Ambition: To Be a Major Hospital Supplier
Amazon is pushing to turn its nascent medical-supplies business into a major supplier to U.S. hospitals and outpatient clinics that could compete with incumbent distributors of items from gauze to hip implants.
Walgreens Makes Takeover Approach to AmerisourceBergen
Walgreens Boots Alliance has made a takeover approach to drug distributor AmerisourceBergen, a move that could help boost profitability at the drugstore giant and insulate it against threats in an increasingly competitive health-care landscape.
Drugmakers Funded Groups Promoting Opioid Use, Senator's Report Says
Five manufacturers of opioid painkillers gave nearly $9 million between 2012 and 2017 to patient advocacy groups and other nonprofits that have a history of promoting opioid use, according to a senator's report.
Google's New AMP Stories Bring Snapchat-like Content to the Mobile Web
Alphabet Inc.'s Google unveiled new technology that lets publishers create visual-oriented stories in a mobile-friendly format similar to the style popularized by Snapchat and Instagram
Fox Offers to Insulate Sky News to Mollify British Regulators
21st Century Fox offered to bolster the editorial independence of Sky PLC's news operations to meet concerns of British regulators and ease approval of its $16 billion bid for the portion of the pay TV giant it doesn't already own.
BMW Sales Rise in January
BMW said group sales rose 3.8% in January, boosted by the introduction of new and updated models.
BHP Flags Tax Hit After Change in U.S. Corporate Rate
BHP Billiton said it expects to recognize a $1.8 billion income-tax expense to reflect the reduction in the U.S. federal corporate-tax rate and other changes.
TUI Loss Narrows
TUI reported a narrowed net loss for the first quarter of fiscal 2018, and backed its full-year guidance.