Ford 2Q profit up 6 percent to $1.3 billion
DEARBORN, Mich. (AP) -- Ford Motor Co.'s second quarter net income rose 6 percent to $1.3 billion as the company saw record profits in North America and made money in Europe for the first time in three years....

Eurozone economy picking up steam despite France
LONDON (AP) -- A closely watched survey suggests economic growth in the 18-country eurozone picked up during July despite ongoing concerns over France, the currency bloc's second-largest economy....

Spain's Repsol sees profits jump on YPF bond gains
MADRID (AP) -- Spanish energy company Repsol says its second quarter net profit nearly doubled following capital gains it made from extricating itself from Argentina's YPF, which was nationalized in 2012....

Nokia profits rise after sale of handset division
HELSINKI (AP) -- Telecommunications and wireless equipment maker Nokia Corp. saw its shares surge on Thursday after it reported higher profits and an improved earnings outlook in the wake of its sale to Microsoft of its troubled handset division....

South Korea unveils stimulus after ferry sinking
SEOUL, South Korea (AP) -- South Korea's government announced a $40 billion stimulus plan Thursday after the shock of a deadly ferry sinking slowed economic growth to the lowest level in three quarters....

Oil drifts down despite China manufacturing bounce
The price of oil fell Thursday, giving back part of its sizeable jump the day before, despite improvement in Chinese manufacturing....

Swiss drug maker Roche posts 7 percent profit drop
GENEVA (AP) -- Swiss drugmaker Roche Holding AG on Thursday posted a net profit drop of 7 percent compared with a year ago, weighed down by a strong Swiss franc and charges from one of its diagnostic units....

LG Electronics says 2Q profit more than doubled
SEOUL, South Korea (AP) -- LG Electronics Inc. said Thursday its quarterly profit more than doubled as its mobile division ended three quarters of losses....

Cheaper wireless plans cut into AT&T 2Q profit
NEW YORK (AP) -- AT&T Inc. on Wednesday posted lower net income for the latest quarter due to cheaper cellphone plans it introduced as a response to aggressive pricing from smaller competitor T-Mobile US....

Facebook 2Q earnings, revenue soar
MENLO PARK, Calif. (AP) -- Facebook is on a roll. The world's largest online social network posted sharply higher earnings on Wednesday as revenue from mobile advertising continued to grow, and more people used it, more often....

AP Photo
AP Photo/Gene J. Puskar
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