Business & Finance News
Apple Inc on Tuesday forecast stronger-than-expected third-quarter revenue and Chief Executive Tim Cook said iPhone sales had started to stabilize in China, a sign that Apple’s price cuts there are helping limit sales declines.
Google parent company Alphabet Inc said on Tuesday former chairman and chief executive officer of the internet search giant, Eric Schmidt, will step down from its board at the end of his term in June.
Global equity markets edged higher on Tuesday as the Dow and S&P 500 indexes erased early lows caused by weak Chinese business surveys and a tumble in shares of Google parent Alphabet, while the euro strengthened on the heels of data that showed euro zone growth topped expectations.
Uber Technologies Inc CEO Dara Khosrowshahi and his top management team took the ride-hailing giant’s investor roadshow for its initial public offering to New York on Tuesday, as demand for its shares already exceeded supply.
The Nasdaq fell on Tuesday as shares of Google-parent Alphabet tumbled following a revenue miss and Apple dropped ahead of its results, though the S&P 500 eked out another record closing high.
For Warren Buffett, when all else fails, repeat what works.
The Nasdaq fell and S&P 500 was flat Tuesday after hitting all-time highs in the previous session as shares of Google-parent Alphabet tumbled following a revenue miss and Apple dropped ahead of its results.
U.S. Attorney General William Barr has recused himself from the Justice Department’s deliberations on whether to allow T-Mobile to proceed with its $26 billion acquisition of Sprint, according to a source familiar with the decision.
U.S. labor costs increased steadily in the first quarter as a jump in transportation and manufacturing wages was offset by small gains elsewhere, pointing to moderate inflation pressures even as the labor market tightens.
Facebook Inc on Tuesday debuted an overhaul of its core social network and new business-focused tools, the first concrete steps in its plan to refashion itself into a private messaging and e-commerce company.
Global equity markets edged lower on Tuesday, weighed by weak Chinese business surveys and a tumble in shares of Google parent Alphabet, while the euro strengthened on the heels of data that showed euro zone growth topped expectations.
Facebook Inc on Tuesday debuted an overhaul of its core social network and introduced new business-focused tools, the first concrete steps in its plan to refashion itself into a private messaging and e-commerce company.
Facebook Inc on Tuesday unveiled a redesigned app and rolled out its dating feature to 14 more countries as it tries to boost user-engagement on its social network.
The S&P 500 and the Nasdaq on Tuesday retreated from all-time highs hit in the previous session, after shares of Google-parent Alphabet tumbled following a revenue miss and Apple dropped ahead of its results.
Pfizer Inc on Tuesday reported first-quarter profit that beat Wall Street estimates and slightly raised its 2019 earnings forecast, as the company reined in costs and recorded higher sales of blood thinner Eliquis and Prevnar pneumonia vaccine.
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