S&P ends lower as Apple weighs, trade tensions ease
The S&P 500 ended the day down slightly but less than 1% below its all-time high as a drop in Apple stock countered easing U.S.-China...
Apple counters Goldman call on ‘negative impact’ of Apple TV+ trial
Apple Inc on Friday disputed a Goldman Sachs research note which stated that the company’s plans to account for the trial of its new streaming...
PG&E settles wildfire claims with insurers for $11 billion
PG&E Corp said on Friday it has reached an $11 billion settlement to resolve most claims by insurance carriers related to 2017 and 2018 wildfires...
Apple, Broadcom keep Wall Street gains in check
Losses in shares of U.S. technology majors Apple and Broadcom held the S&P 500 just under record levels on Friday, as traders balanced the latest...
Solid U.S. retail sales calm some worries about economy
U.S. retail sales increased more than expected in August, pointing to solid consumer spending that should continue to support a moderate pace of economic growth....
IMF has a decision to make in Argentina: rock or hard place?
The International Monetary Fund has a tough choice to make in Argentina: Unlock over $5 billion in funds under the country’s loan deal as the...
Exclusive: WeWork considers dramatic valuation cut in IPO
WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and $12 billion, a dramatic discount...
Apple, Broadcom rein in Wall Street gains on trade optimism
Losses in shares of U.S. technology majors Apple and Broadcom set Wall Street for a subdued end to the week, as traders balanced the latest...
Hong Kong exchange vows to press on with $39 billion LSE bid after rebuff
Hong Kong’s exchange refused to give up on its bid to take over the London Stock Exchange after the British bourse emphatically rejected its $39...
UPS to pay $8.4 million to resolve U.S. overcharging probe
The U.S. Justice Department said United Parcel Service Inc has agreed to pay the United States $8.4 million to resolve allegations it overcharged federal agencies...