Apple, Boeing bolster Wall Street at open
Wall Street opened higher on Wednesday as a surge in shares of Apple, Boeing and General Electric after their results overshadowed concerns over the economic...
Buffett’s Berkshire sells newspaper business, including hometown paper, to Lee Enterprises
Warren Buffett’s Berkshire Hathaway Inc said on Wednesday it is selling its newspaper operations to Lee Enterprises Inc , abandoning an industry the billionaire investor...
Britain’s BBC to cut 450 newsroom jobs in cost-cutting drive
The BBC said on Wednesday it will cut around 450 jobs from its news division as part of an 80 million pound savings drive and...
Wall St. set for gains as Apple, Boeing take focus off coronavirus
Wall Street was set to extend its recovery on Wednesday as a surge in shares of Apple and Boeing after their results overshadowed concerns over...
Boeing swings to annual loss as 737 MAX costs double
Boeing Co on Wednesday swung to its first annual loss since 1997 on mounting 737 MAX costs and indicated it would again cut production of...
Big volatility options trade points to mystery investor ’50 Cent’
Large options trades some people have attributed to the mysterious investor known as “50 Cent” have become more profitable in recent days, as fears of...
Boeing swings to annual loss as 737 MAX costs climb to $19 billion
Boeing Co expects nearly $19 billion in costs related to the grounding of its 737 MAX jets, the U.S. planemaker said on Wednesday as it...
Exclusive: HSBC considering exit from Turkey – sources
HSBC is considering exiting Turkey as part of broader cost-cutting measures under interim Chief Executive Noel Quinn, sources familiar with the matter said....
Mastercard beats profit estimates on strong holiday season spending
Mastercard Inc beat Wall Street estimates for quarterly profit on Wednesday as customers spent more on its cards during the U.S. holiday shopping season, boosting...
GE beats profit, cash flow estimates on aviation, lower spending
General Electric Co quarterly profit and cash flow beat analysts’ estimates on Wednesday, boosted by its aviation unit, but the industrial conglomerate set a relatively...