The lawsuit alleges companies including CVS Health, Mars and Unilever unfairly targeted the social-media platform over safety standards.

The company projected weaker-than-expected revenue growth and said it would continue to ratchet up spending to meet anticipated demand for artificial-intelligence services.

BNP Paribas entered into exclusive talks to buy the investment-management arm of insurer AXA and reach a long-term partnership for 5.1 billion euros ($5.52 billion), in a deal that would create a European asset-management giant.

CEO Glenn Chamandy is focusing on ways to both optimize production by using underused capacity in places such as Latin America and improve product quality of the basic apparel that Gildan is known for.

Shell said its second-quarter earnings came in ahead of expectations, and that it would buy back $3.5 billion of shares this quarter.

ArcelorMittal reported a 38% fall in second-quarter earnings on lower steel prices and shipments but said it expected demand to improve in the second half of 2024.