Business & Finance News
Facebook Inc , Alphabet Inc and Twitter Inc told a U.S. House panel on Tuesday that the social media companies are not discriminating against content for political reasons.
European Commission President Jean-Claude Juncker will visit U.S. President Donald Trump in Washington on July 25 to discuss strained trade ties.
Britain’s government cannot accept a plan put forward by pro-European Union rebels in parliament that could see Britain stay in the bloc’s customs union, junior trade minister George Hollingbery told parliament on Tuesday.
BAE System’s CEO said international partners would be brought in to help to develop Britain’s proposed new fighter jet in 2019, also signaling that teaming up with a rival Franco-German project in future was possible.
EU antitrust chief Margrethe Vestager will brief Google CEO Sundar Pichai by telephone later on Tuesday on her ruling on the company’s Android mobile operating system, a person familiar with the matter said.
Johnson & Johnson on Tuesday reported better-than-expected second quarter profit as sales of pharmaceuticals surged 20 percent despite a sharp decline in blockbuster arthritis drug Remicade, and its shares rose more than 4 percent.
AirAsia Group Bhd CEO Tony Fernandes said the group had not yet taken a decision on which aircraft manufacturer to pick for new plane orders and that he was not planning to go to this week’s air show in Farnborough, England.
Wall Street rose on Tuesday as Federal Reserve Chairman Jerome Powell’s optimistic view on the U.S. economy and solid earnings from Dow component Johnson & Johnson lifted expectations of a robust second-quarter earnings season.
JPMorgan Chase & Co has made a strategic investment in Volley.com, a San Francisco-based startup that uses artificial intelligence to help large enterprises automatically generate training content for employees, the companies said on Tuesday.
Shares of Netflix Inc headed for their worst day in two years on Tuesday, falling as much as 14 percent after reporting a surprise shortfall in new subscribers in a quarter marked by the lack of a blockbuster new show and World Cup soccer.
Boeing will press for deeper price cuts from suppliers with overlapping operations once it completes its planned acquisition of the regional jet business of Brazil’s Embraer, Chief Executive Dennis Muilenburg told Reuters on Tuesday.
Fannie Mae and Freddie Mac’s stock prices slipped on Tuesday after Federal Reserve Chairman Jerome Powell told a Senate panel that he thinks it’s important in the longer run the housing financial system be off the government’s balance sheet.
Amazon.com Inc will provide a new set of real-time statistics and graphics on live baseball games later this season, expanding its cloud computing deal with U.S. Major League Baseball, the two organizations told Reuters.
UnitedHealth Group Inc, the largest U.S. health insurer, on Tuesday reported second-quarter medical costs slightly higher than Wall Street expectations, sending its shares down 4 percent and weighing on the rest of the sector.
AirAsia Group Bhd CEO Tony Fernandes said the group had not taken a decision on which aircraft manufacturer to pick for new plane orders and that he was not planning to go to the air show in Farnborough, England, this week.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
