Google unveils computer with ‘quantum supremacy’, rivals say wait a qubit
Alphabet Inc’s Google said on Wednesday it achieved a breakthrough in computing research by using a quantum computer to solve in minutes a complex problem...
Oil rises on surprise U.S. crude drawdown, prospect of OPEC action
Oil rose nearly 2% on Wednesday after government data showed a surprise draw in U.S. crude stocks and as the prospect of deeper output cuts...
Caterpillar cuts profit outlook as China construction sales slump
Industrial bellwether Caterpillar Inc reported a drop in sales in the United States and China in the third quarter, leading it to cut its outlook...
Walmart offers holiday deals early to avoid shorter holiday season
Walmart Inc will offer online holiday deals a few days earlier this year in order to minimize the impact from a shorter selling period between...
Boeing sees 737 MAX U.S. approval before year-end, shares rise
Boeing Co said on Wednesday it still expects U.S. regulatory approval for its grounded 737 MAX in the fourth quarter, sending its shares higher despite...
Snap drops as Wall Street puts focus on disappointing revenue outlook
Shares of Snap Inc fell 6% on Wednesday, as Wall Street focused more on a disappointing revenue outlook than regulators no longer investigating the company...
Bitcoin plunges to five-month low vs dollar after Zuckerberg testimony
Bitcoin’s price dropped on Wednesday to its lowest level against the dollar since the middle of May after Facebook Chief Executive Officer Mark Zuckerbeg, in...
Metro Bank reports third-quarter loss, deposit outflows as Chairman exits
Britain’s troubled Metro Bank reported a loss for the third quarter, said its chairman Vernon Hill has stepped down two months early, and warned it...
WeWork’s Claure warns layoffs are coming
WeWork’s new executive chairman Marcelo Claure wrote in a memo to employees on Wednesday that layoffs were in the works at the U.S. office-space sharing...
Apple, Boeing lead Wall Street higher
Wall Street edged higher on Wednesday, led by gains in Boeing and Apple shares, even as weak earnings from Caterpillar and Texas Instruments raised concerns...