Workday third-quarter profit, revenue beat; shares rise
Workday Inc beat Wall Street estimates for third-quarter profit and revenue on Tuesday, and raised its full-year forecast for sales in its biggest business, as...
Wall Street falls as trade hopes wane
U.S. stocks sold off for a third consecutive session on Tuesday after comments from President Donald Trump and Commerce Secretary Wilbur Ross threw cold water...
Saudi Aramco IPO institutional tranche 2.95 times oversubscribed
The institutional tranche of Saudi Aramco’s planned initial public offering (IPO) has been almost three times oversubscribed, receiving orders worth 189.04 billion riyals ($50.4 billion),...
U.S. has not ruled out imposing tariffs on imported autos: Commerce chief Ross
U.S. Commerce Secretary Wilbur Ross said on Tuesday the Trump administration has not ruled out imposing tariffs on imported autos, after letting a review period...
Former Bumble Bee tuna CEO found guilty of price fixing
The former chief executive of Bumble Bee Foods LLC, Chris Lischewski, was found guilty of price-fixing on Tuesday, a court filing showed....
U.S. banking regulators urge ‘responsible use’ of alternative lending data
U.S. banking regulators said on Tuesday that lenders must have robust compliance tools in place to ensure “responsible use” of non-traditional sources of financial data...
Institutional investors have subscribed for 6.3 billion shares for Aramco IPO so far – lead bank
Saudi Aramco has received orders worth 189.04 billion riyals ($50.4 billion) for the institutional tranche of its planned initial public offering (IPO), its financial advisers...
Amazon partners with Verizon on 5G in cloud computing expansion
Amazon.com Inc on Tuesday said it was extending its cloud to 5G networks in partnership with Verizon Communications Inc, so developers can run latency-sensitive programs...
Elon Musk on trial in U.S. for defamation over ‘pedo guy’ tweet
Tesla Inc boss Elon Musk went on trial on Tuesday for alleged defamation in appearing to describe a British diver who helped rescue a group...
Wall Street falls for third straight day as trade hopes dim
Wall Street set course for its third consecutive sell-off on Tuesday as investor optimism over a potential near-term respite from the U.S.-China trade war evaporated...