U.S. stocks slid on Thursday, weighed down by dismal reports from industrial companies including 3M, however strong earnings from Facebook and Microsoft, which hit the trillion-dollar valuation mark, kept the tech-heavy Nasdaq afloat.
Facebook Inc committed serious contraventions of Canadian privacy law and failed to take responsibility for protecting the personal information of citizens, Canada’s federal privacy commissioner said on Thursday.
Two drugmakers will pay nearly $125 million to settle claims they used charities that help cover Medicare patients’ out-of-pocket drug costs as a way to pay kickbacks aimed at encouraging the use of their medications, the U.S. Justice Department said on Thursday.
A capital raise for Tesla Inc will not come cheap and Chief Executive Officer Elon Musk must finally prove to investors that he can produce and deliver Model 3s and higher margin electric cars on time, Wall Street analysts said on Thursday.
Britain’s competition regulator on Thursday blocked Sainsbury’s proposed 7.3 billion pound ($9.4 billion) takeover of Walmart owned Asda – a huge blow to the supermarket groups who wanted to combine to overtake market leader Tesco.
Canada’s Bombardier Inc cut its full-year profit and revenue forecasts on Thursday, as its key railcar-making unit wrestled with delivery delays and manufacturing challenges relating to a few large projects, sending its shares plummeting more than 18 percent in early trading.
German hopes of creating a national banking champion able to challenge global competitors were dashed on Thursday when Deutsche Bank and Commerzbank ended merger talks due to the risks of doing a deal, restructuring costs and capital demands.
New orders for U.S.-made capital goods increased by the most in eight months in March, but a drop in shipments suggested business spending on equipment slowed down in the first quarter.
Southwest Airlines Co forecast better-than-expected second-quarter revenue growth on Thursday, citing demand from leisure and business customers, even as the low-cost carrier is forced to ground its 34 Boeing 737 MAX jets.
From the 12th floor of Jenoptik’s headquarters, chief executive Stefan Traeger points to his laser factory and the university that provides it with talent. Welcome to “Optics Valley” – a role model for Germany’s East in a big year for the region.
The number of Americans filing applications for unemployment benefits increased by the most in 19 months last week, but the underlying trend continued to point to labor market strength.
April 25, 2019 – New York, NY – Wall Street Reporter, the leading name in financial news since 1843, has recently published interviews with CEO’s of some of today’s most talked about, trending stocks. These […]
VANCOUVER, British Columbia, April 25, 2019 — The Yield Growth Corp. (CSE:BOSS) (OTCQB:BOSQF) (Frankfurt:YG3) is pleased to announce it is developing a new line of perfume roll ons inspired by the royal Attar tradition. The new blends are […]
Britain’s government has launched a leak inquiry over the disclosure of confidential discussions about the role of China’s Huawei Technologies in 5G network supply chains, according to the PoliticsHome website.
Southwest Airlines Co beat Wall Street’s lowered estimates for first-quarter profit on Thursday, as higher passenger revenue reduced the impact of more than 10,000 flight cancellations caused by winter storms, maintenance disruptions and the grounding of Boeing Co 737 MAX jets.
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