11:10 AM EDT, 06/05/2025 (MT Newswires) -- (Update with Trump's social media post in third paragraph.) Chinese President Xi Jinping told President Donald Trump to remove negative measures in trade negotiations and said that Trump was welcome to visit China, Bloomberg reported Thursday, citing a transcript of the phone conversation between the leaders published by China's state broadcaster. Xi agreed...

11:12 AM EDT, 06/05/2025 (MT Newswires) -- Procter & Gamble ( PG ) plans to reduce up to 7,000 non-manufacturing jobs and exit brands in certain markets as part of the consumer goods company's two-year restructuring program to streamline operations. The maker of Crest toothpaste and Pampers diapers expects to lay off about 15% of its non-manufacturing workforce over the...

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,...

The Toro Company ( TTC ) reported second-quarter fiscal 2025 sales decreased 2% year-over-year (Y/Y) to $1.32 billion on Thursday, missing the consensus of $1.35 billion. Residential segment sales fell 11.4% year over year to $297.4 million, owing to lower shipments of walk power mowers, zero-turn mowers, and portable power products and the prior year’s Pope Products sale. Segment earnings declined to $16.1 million from $36.1 million, impacted by higher material, manufacturing,...