Tesla delivers its first Model 3 vehicles Friday in what is likely to be a milestone for electric cars and possibly for the entire auto industry.

US petroleum giants ExxonMobil and Chevron reported big jumps in second-quarter profits Friday, the latest boost from a recovery in oil prices that still feels shaky to many industry officials.

An organization led by the widow of Apple co-founder Steve Jobs announced Friday it was taking a majority stake in The Atlantic, a prestigious 160-year-old cultural magazine.

The US economy gathered speed in the second quarter, more than doubling the growth pace of the first three months of the year as consumer and defense spending accelerated, according to data released Friday.

ExxonMobil saw its second-quarter profits nearly double from the year-ago period due to higher oil prices and better refining margins, the company reported Friday.

American Airlines reported a dip in second-quarter profits on higher costs but offered a positive outlook, saying efforts to boost profits through its "basic economy" option were on track.

Russia's foreign ministry on Friday announced counter measures in response to tough new sanctions proposed by the United States, ordering Washington to reduce its diplomatic staff.

Freestyle queen Katie Ledecky on Friday cruised towards her fifth gold at the world championships as the fastest into the women's 800m final in Budapest on Friday.

Chinese internet giant Baidu said Friday that its net income had soared 83 percent in the second quarter -- a strong recovery from tumbling profits in 2016 thanks to drastic spending cuts.

France's state-owned energy company EDF saw its profit slip in the first half of the year as two of its nuclear reactors were taken offline due to safety concerns.

Japan's Nippon Steel & Sumitomo Metal said Friday it returned to profit in the April-June quarter thanks to brisk demand from the auto sector, but warned overproduction by China could hit its full-year earnings.

British telecoms and television broadcasting firm BT Group on Friday posted a 42-percent slump in profits during its first quarter, rocked by fresh fallout from an Italian accounting scandal.