01:03 PM EDT, 07/07/2025 (MT Newswires) -- Consumer stocks were declining Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) dropping 1.7%. In corporate news, Tesla (TSLA) shares fell past 7% after news over the weekend that Chief Executive Elon Musk plans to launch a new political...

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,...

01:13 PM EDT, 07/07/2025 (MT Newswires) -- Mastercard ( MA ) said Monday it expanded its US Small Business Navigator platform with a new offer launched in collaboration with Fiserv ( FI ) . Under the offer terms, the first 1,000 small businesses to apply and qualify before Dec. 31 will receive a select Fiserv's ( FI ) Clover device...

01:07 PM EDT, 07/07/2025 (MT Newswires) -- GE Aerospace (GE) said Monday it has struck a multi-year agreement with China Airlines to provide maintenance, repair and overhaul services for GE9X engines powering the airline's 14 new Boeing 777X aircraft. China Airlines has been a GE Aerospace customer since 1999 when it first purchased GE CF6-80C2 powered Boeing 747-400 aircraft, the...