US bank earnings rose 21 pct in Q2, lending up


US bank earnings rose 21 pct in Q2, lending up

The Federal Deposit Insurance Corp. said Tuesday that the banking industry earned $34.5 billion in the second quarter, up from $28.5 billion in the second quarter of 2011.

Yum Brands’ Q3 profit beats forecasts, up 18 pct

Chain restaurant operator Yum Brands Inc. says its fiscal third-quarter profit climbed 18 percent. (27 mins ago)

Chinese shares sink 5.4 pct on liquidity worries

China’s main share benchmark sank 5.4 percent in early trading Monday on heavy selling of market heavyweights triggered by renewed worries over a potential tightening of liquidity. (35 mins ago)

Intuit cuts 7 pct. of work force in reorganization

Financial software company Intuit Inc. said Thursday it is slashing about 7 percent of its work force as part of a reorganization. (1 hour ago)