(Reuters) - 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. FILE PHOTO: A 3D ...
Berkshire Hathaway Inc.'s BRK.B 0.06% investment in Occidental Petroleum Corp. OXY -2.08% is straight out of Warren Buffett's playbook. On Tuesday, the billionaire investor's firm agreed to inject $10 billion into Occidental's bid to acquire Anadarko ...
Shares of drugmaker Mallinckrodt MNK -15.61% Plc fell 16% Tuesday after news reports that the federal government is intervening in a pair of lawsuits that allege its subsidiary bribed doctors to drive sales of a pricey multiple-sclerosis drug. The U.S. ...
The machine vision company's exposure to the consumer electronics and automotive markets is weighing on it in 2019. Lee Samaha. (TMFSaintGermain). Apr 30, 2019 at 6:18PM. High-growth companies rarely grow revenue in a straight line, and Cognex ...
Wall Street capped a day of mostly wobbly trading with meager gains Tuesday, enough to nudge the Standard & Poor's 500 index to an all-time high for the third day in a row. The benchmark index spent much of the day hovering below its previous high, but it ...
The companies behind the digital exchange Bitfinex and the cryptocurrency Tether said the so-called stablecoin is backed by cash and short-term securities equal to 74 percent of the outstanding coins rather than completely pegged to the U.S. dollar.
SAN FRANCISCO — Google's parent company, Alphabet, said Tuesday that Eric Schmidt, its former chief executive, planned to relinquish his position on the board of directors in June. His departure will end an era for the internet giant, in a shake-up of one of ...
Australia's property price slide moderated in April, suggesting the worst of the housing slump may have passed. Housing values in the combined state and territory capitals fell 0.5 percent in April, compared to a 0.7 percent drop in March, according to ...
After announcing that they were launching a managed blockchain service late last year, Amazon Web Services is now opening that service up for general availability. It was only about five months ago that AWS chief executive Andy Jassy announced that the ...
Mondelez International Inc. MDLZ 0.63% leaned on overseas markets to drive its results in its latest quarter, reporting a stronger-than-expected adjusted profit. The maker of Oreo cookies, Ritz crackers and Wheat Thins on Tuesday reported earnings of 65 ...
Wheeled autonomous robots to bring online orders to your door have the green light to enter commercial service in Washington state. Gov. Jay Inslee signed rules of the road into law Tuesday after a robotic delivery vehicle rolled into his office to deliver the ...
Oil prices climbed as police and protesters clashed in the streets of Venezuela, escalating turmoil in the home of the world's biggest crude reserves. U.S. oil futures advanced 0.7 percent on Tuesday as Venezuelan opposition leader Juan Guaido's calls for the ...
The 2020 Range Rover looks a lot like the 2019 model, but it's under the hood where the big changes happened. Land Rover. We are living in a magical time when manufacturers are ditching V6 engines for inline-six engines, and the latest to jump on that ...
Early in Jurassic Park—the OG Jurassic Park—Dr. John Hammond gives a group of investors a preview of the park and its future attractions, complete with slideshows, glossy brochures, and a lunch served by staffers in Jurassic Park-logo aprons. Ian Malcolm ...
Hotels under the flag of Bethesda-based Marriott International remain among the premier lodging options in the nation despite an industrywide dip in customer satisfaction, according to new market data. Hotel guest satisfaction fell 1.3% across the board in ...
Tuesday's action just goes to show how strong the stock market has been. Despite an 8% drop in Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) following its earnings disappointment, the stock market was down but holding up pretty well. Eventually it took a ...
Genesee & Wyoming, Inc. (NYSE: GWR), an American short-line railroad holding company, held a conference call to discuss its first quarter 2019 results. The company reported adjusted earnings per share (EPS) of $0.78 for the first quarter of 2019, which ...
The US Environmental Protection Agency (EPA) said Tuesday that the weed killer glyphosate is unlikely to cause cancer in humans, but recommended new measures to prevent potential ecological risks, especially to monarch butterflies and other pollinators.
Airbus SE earnings surged in the first quarter as the European planemaker churned out higher numbers of the A320 narrow-body jet that's the biggest global rival to Boeing Co.'s grounded 737 Max. The company delivered 126 A320s, a model that appears to ...
The union representing workers at Evraz Regina is again raising safety concerns after another injury at the steel plant. Austin M. Davis, Regina Leader-Post. Updated: April 30, 2019. The Leader-Post. 1K subscribers. Subscribe · Evraz CEO calls recent ...
Atlanta small business owners are optimistic about the local economy but concerned about the national economic outlook, according to a survey Bank of America released Tuesday. While 67 percent of about 300 small business owners in the metro region ...
Treasury Wine Estates says its China performance is strong and Wine Australia export figures shouldn't be used as a proxy for its trading performance. Wine Australia export data showed volumes to China across the Australian wine industry were down by 14 ...
BOSTON (AP) — Shares of General Electric were up 5% in morning trading Tuesday after the company reported better-than-expected earnings and revenue for its second straight solid quarter. GE, which has been streamlining its business for years, reported ...
ANZ has beaten expectations to lift first-half cash profit two per cent to $3.56 billion but warned subdued credit growth, competition and compliance costs will keep bank sector earnings under pressure "for the foreseeable future". Cash profit for the six months ...
It may not feel like it now but summer will be here soon. In preparation for spending so much time in the sun, Consumer Reports has just released its list of the best sunscreens. After testing 82 products Consumer Reports once again gave its top rating to La ...
The Fed will announce its policy decision on Wednesday at 18:00 GMT. No action is expected, so Chair Powell's remarks in the subsequent press conference (18:30 GMT) will likely steal the show. Inflation has cooled lately, which combined with still-elevated ...
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