U.S. House passes debt limit and spending bill, sends to Senate
The U.S. House of Representatives on Thursday approved bipartisan legislation to increase federal spending over the next two years on discretionary defense and non-defense programs...
Amazon’s push for one-day delivery dents profits, costs up 21%
Amazon.com Inc on Thursday reported its first profit miss in two years and said income would slump in the current quarter, as the online retailer...
U.S. top diplomat says he hopes Hong Kong protests remain peaceful: Bloomberg interview
U.S. Secretary of State Mike Pompeo said on Thursday he hoped protests in Hong Kong would remain peaceful and China would show restraint....
U.S. to pay farmers up to $16 billion for trade war losses, South to benefit
The U.S. government will pay American farmers hurt by the trade war with China between $15 and $150 per acre in an aid package totaling...
After PR gov resigns, protesters don’t want successor
As people celebrated Ricardo Rossello’s resignation as Puerto Rico Governor, protesters on Thursday rallied against his successor, Secretary of Justice Wanda Vázquez, who is next...
Intel eases chip demand concerns with raised forecast, shares gain
Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown...
Alphabet second-quarter revenue beats estimates; shares soar
Alphabet Inc reported quarterly revenue and earnings that beat expectations on Thursday, easing concerns about the short-term growth challenges facing Google, YouTube and the company’s...
U.S. attorney general, eight state AGs meet over big tech ‘stifling competition’: statement
Eight state attorneys general met on Thursday with U.S. Attorney General William Barr to discuss concerns about big tech companies, according to a statement from...
Intel beats estimates, raises full-year revenue forecast; shares up 6%
Intel Corp beat analysts’ estimates for quarterly profit and raised its full-year revenue forecast on Thursday, raising hopes that a recent slump in chip demand...
Equities fall, bond yields rise on Draghi remarks, mixed earnings
U.S. stocks backed off record highs and government bond yields ticked up on Thursday following mixed earnings reports and rosier-than-expected economic sentiment from the European...