UPDATED: 7/26/17 8:37 am ET - adds details

Ford profit edges up on lower tax rate

Ford posted second-quarter net income of $2.04 billion, up 3.7 percent from the same period a year ago because of a favorable tax rate. Revenue rose slightly to $39.85 billion.

Strategy review may result in legally separate entities, Daimler says

Daimler is reviewing its company structure and may legally separate some divisions if it helps to make the company more customer focused.

Sign up for our daily newsletter

We'll send you the top news of the day each weekday afternoon.