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NEW YORK (Reuters) - Verizon Communications Inc (VZ.N) reported an increase in quarterly profit, helped by tax reform and phone subscriber additions.

    Net income attributable to Verizon was $18.7 billion, or $4.56 per share, in the fourth quarter ended Dec.

    (Reuters) - Procter & Gamble Co (PG.N) on Tuesday reported a 68 percent drop in quarterly profit, due to the sale of its beauty brands to Coty Inc (COTY.N) and a charge related to the recent U.S.

    (Reuters) - JPMorgan Chase & Co (JPM.N) said it would increase wages, hire more and open new branches as part of a $20 billion investment following the overhaul of the U.S.

    (Reuters) - Johnson & Johnson (JNJ.N) reported adjusted quarterly profit and revenue slightly above analysts’ expectations on Tuesday, as the healthcare company gained from strong demand for new drugs including cancer and psoriasis treatments.

    MOSCOW (Reuters) - Russian figure skater Ksenia Stolbova and ice dancer Ivan Bukin will not be allowed to take part in next month’s Olympic Games, the Russian Figure Skating Federation said on Tuesday, citing a directive from the International Olympic Committee (IOC).

    MELBOURNE (Reuters) - Marin Cilic advanced to the semi-finals of the Australian Open on Tuesday after top seed Rafa Nadal retired hurt when trailing 3-6 6-3 6-7(5) 6-2 2-0 in their match at Rod Laver Arena.

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