Apple today announced financial results for the second fiscal quarter of 2019, which corresponds to the first calendar quarter of the year. For the quarter, Apple posted revenue of $58.0 billion and net quarterly profit of $11.6 billion, or $2.46 per diluted share, ...
At F8, Facebook's annual developer conference, CEO Mark Zuckerberg stressed his vision of building a privacy-focused social network as he debuted the newest version of the company's core app. Zuckerberg said the redesigned Facebook, version FB5, will ...
Uber Technologies Inc. has demand for all of the shares offered in its initial public offering days after it began marketing the sale, people familiar with the matter said. The initial investor feedback comes after Uber kicked off its IPO roadshow with meetings in ...
It was an industrious day for General Electric. The beleaguered company's stock popped nearly 5% after it reported earnings on Tuesday that topped Wall Street's earnings and revenue expectations. GE CEO Larry Culp also reaffirmed the conglomerate's ...
In recent weeks several major developments affecting the roll out of 5G systems in the United States highlight the promise and the difficulties for near-term deployment of this transformative technology. British intelligence issued a report signaling its deep ...
(Reuters) - Small business owners around the country are preparing for a recession, according to a new survey by Bank of America Corp. More than two-thirds of business owners surveyed by the bank said they had taken steps to prepare for an economic ...
Spot.IM announced today that it has raised $25 million in Series D funding. We've written about the company's commenting platform before, but CEO Nadav Shoval said it's now building a broader "community platform." That platform goes beyond commenting ...
The benchmark targeted by the Federal Reserve is on the rise again and that's leading some to question whether the central bank could make adjustments as soon as this week to maintain control of the rate. The effective fed funds rate rose to 2.45 percent on ...
Feeling low on cash? Chase JPM, -0.09% knows why, at least according to a tweet the company has since deleted. The tweet was a play on a meme, in which someone asks why they have a problem. There seem to be obvious solutions, but the tweet ...
A Tesla Inc. analyst is disappointed Elon Musk neglected to mention a major source of revenue last quarter was the sale of certain regulatory credits the company discloses days after its initial earnings reports. While Musk noted in his April 24 letter to ...
ROME (Reuters) - Italy's economy returned to growth in the first quarter of the year, pulling clear of its third recession in a decade, while the unemployment rate receded in March, data showed on Tuesday. FILE PHOTO: People work at the construction site of a ...
BEIJING (Reuters) - Factory activity in China expanded for a second straight month in April but at a much slower pace than expected, an official survey showed on Tuesday, suggesting the economy is still struggling for traction despite a flurry of support ...
Beyond Meat has lifted its share price range ahead of its US flotation on Wednesday, valuing the plant-based meat-maker at nearly $1.5bn (£1.1bn). The US firm, which counts actor and environmentalist Leonardo DiCaprio among its investors, will now offer ...
As dockless shared-mobility devices spread nationwide, so do the risks of accident and injury. Here's why more federal safety oversight is needed. 1:48 PM ET. Jesse Halfon. Attorney specializing in product liability. Share; Tweet. LinkedIn; Email; Print. In April ...
Across the world, travelers identify the Marriott International (NASDAQ:MAR) name as a mark of quality and distinction. That reputation only improved when Marriott acquired Starwood Hotels & Resorts three years ago to become a colossus in the hotel ...
FireEye, one of the largest and most prominent security companies on the market, reported its fiscal first-quarter earnings after the bell Tuesday. The cybersecurity giant reported first-quarter loss of $78.3 million, or 38 cents a share, on revenues of $210 million ...
Home prices in 20 U.S. cities rose in February at the slowest pace since 2012, decelerating for an 11th straight month, as sellers continue to make properties more affordable to lure buyers. The S&P CoreLogic Case-Shiller index of property values increased 3 ...
The Department of Justice's antitrust chief told FOX Business on Tuesday that a key factor in determining the fate of the proposed Sprint-T-Mobile merger Opens a New Window. is the increasingly precarious financial position of Sprint Opens a New Window.
A newly proposed equivalency agreement between the provincial and federal governments could see Nova Scotia continuing to burn coal past 2040. The Halifax-based Ecology Action Centre is warning that the long-term projections of the proposed ...
Advanced Micro Devices (AMD) reported stronger-than-expected first-quarter financial results. Shares of AMD soared 6% in after-hours trade Tuesday. The chipmaker posted adjusted earnings per share of 6 cents, exceeding expectations for 5 cents per ...
ANZ Banking Group has met expectations against a difficult operating environment for banks by announcing a 2 per cent rise in cash profit from continuing operations to $3.564 billion. ANZ chief executive Shayne Elliott said the result was the product of work ...
Mondelez on Tuesday reported a stronger quarterly profit than expected as price increases across its portfolio of snacks in North America helped combat rising costs. The company behind popular sweets like Oreo cookies and Cadbury chocolates said a ...
Life can be full of hard decisions. For example: Should you dip your chips in queso, or guacamole? Thanks to a new guacamole-inspired cheese from grocery chain The Fresh Market, you no longer have to decide—and your Cinco de Mayo potentially just got ...
Insolvency proceedings against Reliance Communications (RCom) are set to begin, following the debt-laden telco's inability to carry through the ₹25,000-crore deal between the Ambani brothers. The National Company Law Appellate Tribunal (NCLAT), ...
Some days, grain traders who are naturally long the market have a hard time looking at the price charts. Farmers, who by nature are always long the market, have to take a gulp before they go to the computer or the paper to look at current prices. Times have ...
Shares of TVS Motor Co. closed 3% lower on Tuesday even before its March quarter results were declared. Notwithstanding the profit miss on poor sales growth, news reports that two-wheeler sales are still on the downtrend precipitated already weak investor ...
A Saskatchewan-based uranium mining company will recover $10.5 million in legal fees after winning a court case last year. The Tax Court of Canada ruled in favour of Cameco in a dispute with the Canada Revenue Agency last year over a multi-billion dollar ...
Vancouver tech startup Hootsuite has reportedly laid off dozens of staff. In a brief statement Tuesday, Hootsuite confirmed with Postmedia News that there had been some layoffs, but a spokesperson refused to say how many employees were let go. A report ...
(Reuters) - Canadian oil and gas producer Encana Corp said on Tuesday it expects cost savings from its acquisition of Newfield Exploration to be 20 percent higher than its estimates, and reported a 6 percent rise in quarterly adjusted profit as it sold oil at ...
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