Business & Finance News
United Parcel Service Inc has warned customers that it will stop picking up shipments of heavy items starting next Wednesday to avoid any potential freight disruptions ahead of a union vote on Nov. 11, the company said on Thursday.
Apple Inc on Thursday said sales for the crucial holiday quarter could miss Wall Street expectations, which Chief Executive Tim Cook blamed on weakness in emerging markets, foreign exchange costs and uncertainty whether the iPhone maker can keep up with demand for new products.
World equity markets began November with a broad rally on Thursday after a brutal October, boosted by strong corporate earnings and signs that a trade war between economic giants, China and the United States, could be contained.
Media company CBS Corp beat analysts’ estimates for third-quarter revenue and profit on Thursday, driven by strong ad sales.
U.S. stocks rose for a third straight session on Thursday as President Donald Trump said trade talks with China were “moving along nicely,” reviving hopes that the two countries can resolve their trade dispute.
Starbucks Corp on Thursday reported a better-than-expected rise in quarterly sales at established cafes, helped by strong growth in the United States and a rebound in China, sending its shares up 5 percent in extended trading.
Barclays Plc said on Thursday that Nigel Higgins, the deputy chairman of Rothschild & Co , has been appointed to succeed John McFarlane as the company’s chairman.
JP Morgan has no interest in buying Deutsche Bank the U.S. bank’s chief executive told German daily Handelsblatt.
The chair of the House Financial Services Committee says he is still hopeful the Senate will vote on a bill that would make it easier for companies to raise capital and go public, despite a growing likelihood the legislation has stalled in the upper chamber.
U.S. stocks rose for a third straight day on Thursday as President Donald Trump said trade talks with China were “moving along nicely,” reviving hopes that the two countries can resolve their trade dispute.
Barclays Plc has picked Nigel Higgins, the deputy chairman of Rothschild & Co , as the company’s next chairman, Sky News reported on Thursday.
Thousands of Google employees and contractors staged brief midday walk-outs on Thursday at offices across Asia, Europe and North America to protest sexism, racism and unchecked executive power in their workplace.
Twenty-First Century Fox Inc Executive Chairman Lachlan Murdoch said Thursday it is still an “open question” whether the company will buy back the regional sports networks it sold to entertainment company Walt Disney Co in July as part of a $71 billion deal.
U.S. President Donald Trump and Chinese President Xi Jinping both expressed optimism on Thursday about resolving their bitter trade disputes ahead of a high-stakes meeting planned for the two leaders at the end of November in Argentina.
U.S. stocks rose for a third straight day on Thursday, as industrials gained after President Donald Trump said trade talks with China were “moving along nicely” and healthy results from chipmakers boosted optimism.
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