U.S. weekly jobless claims hit nine-month low; productivity rebounds
The number of Americans filing for unemployment benefits dropped to a nine-month low last week, suggesting a tightening labor market would continue to keep the...
ICE makes case for eBay talks following earnings report
New York Stock Exchange owner Intercontinental Exchange Inc (ICE) would “love” to speak with eBay Inc about a potential deal if its management is interested,...
Yum Brands misses sales, profit estimates as Pizza Hut battles rivals; shares drop
Yum Brands Inc shares fell 4.7% after it reported quarterly same-store sales and profit that missed analyst expectations on Thursday, as stiff competition took a...
Huawei sues Verizon over patents; Verizon blasts ‘PR stunt’
China’s biggest telecommunications equipment maker will square off in court against the No. 1 U.S. wireless carrier over whether Verizon Communications Inc should pay Huawei...
EU antitrust regulator stresses fair rules as Germany, France call for overhaul
Europe’s future must be based on fair competition rules, EU antitrust regulators said on Monday, after Germany and France reiterated calls for a speedy overhaul...
Coronavirus impact on financial markets and economies
Financial markets appear to be recovering from the damage done in late January by the coronavirus outbreak in China....
Twitter notches first $1 billion quarterly revenue, beating estimates; shares jump
Twitter Inc pulled in $1 billion in quarterly revenue for the first time on Thursday, beating expectations as efforts to make its platform more user-friendly...
China tariff cut set to power Wall Street to record highs
Wall Street’s main indexes were set to hit record highs at the open on Thursday as China’s plan to chop additional tariffs on some American...
Twitter notches first $1 billion quarterly revenue, beating estimates
Twitter Inc pulled in $1 billion in quarterly revenue for the first time, beating expectations as efforts to make its platform more user-friendly brought in...
Futures climb on China plan to cut tariffs on U.S. products
U.S. stock index futures rose on Thursday as China’s plan to halve additional tariffs on some American goods helped allay fears over the financial fallout...