July 25 (Reuters) - Lazard ( LAZ ) reported a profit for the second quarter on Thursday, driven by a recovery in its core investment banking business. The bank posted net income of $50 million, or 49 cents per share, in the three months ended June 30. That compares with a loss of $124 million, or $1.41 per share, in...

July 25 (Reuters) - Southwest Airlines ( LUV ) beat analysts' expectations for second-quarter profit on Thursday and said it would introduce both assigned and premium seating in its cabins, marking a significant shift away from its traditional business model. Airlines are enjoying a summer travel boom, borne out by the fact that more than 3 million people passed through...

BEIJING (Reuters) - Apple's ( AAPL ) market share in China shrank by two percentage points in the second quarter of 2024, as the tech giant faced intensifying competition from rivals like Huawei, according to data from market research firm Canalys. The decline underscores the difficulties the U.S. tech giant faces in its third-largest market. Huawei's smartphone shipments surged 41%...

July 25 (Reuters) - Hasbro ( HAS ) posted a smaller-than-expected drop in second-quarter sales on Thursday as steady digital gaming demand offset a slump in core toy sales, while cost-control strategies helped the toymaker beat profit expectations. The Nerf toy gun maker's turnaround strategy to limit expenses and maintain a tight inventory amid an industrywide slowdown in toy demand...