MOUNTAIN VIEW, Calif. (AP) — Pandemic whacks Google ad sales, causing parent Alphabet to report first quarterly revenue decline in company history.

HELSINKI (AP) — Danish shipping group A.P. Moller-Maersk is warning that trade tensions between the United States and China could weigh on business.

The company said a brewing trade war between the two had created uncertainty and could "reduce global container trade by 0.5 to 2.0 percent during 2019-2020".

Maersk's share price was down 1 percent in afternoon trading in Copenhagen.

OMAHA, Neb. (AP) — Norfolk Southern's second-quarter profit raced ahead 43 percent as the railroad handled 6 percent more freight.

The company said Wednesday that it earned $710 million, or $2.50 per share, in the quarter. That's up from $497 million net income, or $1.71 per share a year ago.

The results surpassed the $2.31 per share that Wall Street analysts surveyed by Zacks Investment Research expected on average.

NEW YORK (AP) — Procter & Gamble is hitting back at activist investor Nelson Peltz, saying in a letter Tuesday that he's not entitled to a board seat just because he wants it.

Peltz's hedge fund has a 1.5 percent stake in the consumer products company. He has used that position to push for a seat on the board to help reverse what he says is P&G's disappointing financial performance over the last decade.