Unilever Raises Outlook After Quarterly Sales Volume Growth Hits 16-year High

Shares were almost 6% higher after the consumer-goods company's underlying sales growth accelerated to 5.8%-well above company-compiled estimates.

LVMH's Mainstay Fashion Arm Returns to Growth, Boosting Hopes of Luxury Recovery

The French luxury-goods conglomerate reported sales of $22.20 billion for the second quarter, offering signs of relief for the European luxury sector.

Meta Is Fighting a Mountain of Social-Media Lawsuits-at Just the Wrong Time