Earnings: today’s biggies
American Express beat in the first quarter, thanks to...cardmembers spending more.
Morgan Stanley beat Goldman Sachs and kept the crown among Wall Street banks
Shares of eBay took a dive after the e-commerce company forecast current-quarter profit largely below expectations.
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The fall of soda
Americans are consistenly choosing healthier drinks over the once-beloved sodas, the trading publication Beverage Digest showed. Sales of soda drinks decreased about 1.2 percent in the United States in 2016, falling for the 12th year in a row.
Until recently, Toyota was one of the auto industry’s major hold-outs against full electrification. But Chinese policies have forced a U-turn.