Year: 2018

Nike Inc beat analysts’ estimates for first-quarter revenue on Tuesday, as new launches of footwear and apparel fueled sales in North America.

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Apple Inc shaved some parts from the display in its largest new iPhone, helping keep costs under control in what has become the priciest component of its phones in recent years, according to a new cost analysis of the device.

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The Dow and S&P 500 ended lower on Tuesday as a boost from the energy sector and strong consumer confidence data was offset by losses in chipmakers and utilities ahead of an expected Federal Reserve interest rate hike.

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Oil prices rose Tuesday on global supply concerns following U.S. sanctions on Iran’s oil exports, with benchmark Brent surging to a four-year high, then retraced gains to settle just slightly higher after U.S. President Donald Trump called again on OPEC to boost crude output.

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U.S. stocks were mixed on Tuesday as a boost from the energy sector and strong consumer confidence data helped offset losses in chipmakers and utilities ahead of an expected Federal Reserve interest rate hike.

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Michael Kors’ swoop on Versace leaves a shrinking universe of fashion brands determined to go it alone and fend off luxury empire builders, raising the pressure on those struggling financially to lift sales or sell out.

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Dunkin’ Donuts said on Tuesday it plans to rebrand itself as “Dunkin'” as part of new CEO Dave Hoffman’s plans to bring beverages and breakfast meals to the forefront of the restaurant chain’s menu.

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U.S. stocks were flat on Tuesday as the boost from energy sector and strong consumer confidence data helped offset losses in chipmakers and rate-sensitive shares ahead of an expected Federal Reserve interest rate hike.

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Music streaming services Spotify and Deezer joined European business and industry bodies in calling on EU regulators to take tougher action to curb what they say are the unfair practices of online platforms.

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Oil prices rose on Tuesday but eased off a four-year high after U.S. President Donald Trump called on OPEC to increase crude output, even he as called for heavier sanctions on major oil producer Iran.

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Uber Technologies Inc won a legal victory on Tuesday as a federal appeals court said drivers seeking to be classified as employees rather than independent contractors must arbitrate their claims individually, and not pursue class-action lawsuits.

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U.S. consumer confidence surged to an 18-year high in September as households grew more upbeat about the labor market, pointing to sustained strength in the economy despite an increasingly bitter trade dispute between the United States and China.

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U.S. President Donald Trump’s top trade official said on Tuesday that changing China’s economic policies to become more market-oriented “is not going to be easy” even with tariffs now in place on $250 billion worth of Chinese goods.

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Alphabet Inc’s Google said on Tuesday it would allow certain regulated cryptocurrency exchanges to advertise in the United States and Japan, easing an earlier ban on all cryptocurrency ads.

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Canada is not making concessions needed to reach a deal with the United States for a trilateral NAFTA pact and is running out of time before Washington proceeds with a Mexico-only agreement, a top U.S. official said on Tuesday.

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