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Earnings Report

Troubled Deutsche Bank accelerates restructuring

Germany's struggling Deutsche Bank says net profit fell to 401 million euros in the second quarter from 466 million euros a year earlier as the bank incurred higher costs from its restructuring.

Lilly: 2Q Earnings Snapshot

Eli Lilly and Co. (LLY) on Tuesday reported a second-quarter loss of $259.9 million, after reporting a profit in the same period a year earlier.

Business Highlights

___ NY Daily News slashes newsroom staffing in half NEW YORK (AP) — Half of the newsroom staff at the New York Daily News is being laid off, including the paper's editor in chief.