SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

Abbott Laboratories ( ABT ) reported better-than-expected sales and profits in the second quarter, but the stock still plummeted nearly 10% after management dialed back earnings and growth projections for the rest of the year. The company reported second-quarter sales of $11.14 billion, beating the consensus of $11.07 billion. Second-quarter sales increased 7.4% on a reported basis, 6.9% on an...

As the corporate services sector continues to navigate a landscape of cautious optimism, Cintas Corporation ( CTAS )‘s recent earnings report highlights a critical shift in investor sentiment. Despite surpassing earnings and sales expectations, the company’s stock dipped. Cintas ( CTAS ) shares are trading lower on Thursday after the company reported fourth-quarter earnings per share of $1.09, beating the...

10:50 AM EDT, 07/17/2025 (MT Newswires) -- (Updates with Tencent's response in the fourth paragraph and Alibaba's ( BABA ) most recent stock move in the last paragraph.) Alibaba Group Holding's ( BABA ) AliExpress, TikTok and WeChat are facing data privacy complaints from Austrian advocacy group noyb, which alleged Thursday that the companies did not comply with European Union...