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...
Health insurer Anthem signals better-than-feared 2020 earnings, shares rise
Anthem Inc on Wednesday signaled earnings for 2020 could be better than feared, allaying some concerns that rising medical costs are eating into profits and...
Nasdaq eyes upside from free e-trades as profit tops expectations
Nasdaq Inc may see its market share of retail stock executions increase as a result of online brokers moving to free trades, the transatlantic exchange...
Sterling steadies as EU considers Brexit request; stocks inch up
World stock indexes edged up on Wednesday, with the S&P 500 boosted by gains in shares of Apple that offset Texas Instruments’ disappointing forecast, and...
Boeing hit with new industrial setbacks as 737 MAX crisis deepens
Boeing Co cut production of its flagship Dreamliner and delayed the arrival of a successor to its 777 mini-jumbo, piling new pressures on a rejigged...
Spirit Airlines close to agreeing major Airbus order: sources
U.S. budget carrier Spirit Airlines is close to agreeing a provisional deal to order as many as 100 single-aisle aircraft worth up to $12 billion...