Futures edge lower as Netflix tumbles
U.S. stock futures slipped on Thursday after streaming pioneer Netflix posted its first drop in U.S. subscribers since 2011, kicking off earnings for the so-called...
ASOS warns on profit again after botching warehouse revamps
British online fashion retailer ASOS warned on profits for the third time since December, saying problems ramping up warehouses in the United States and Germany...
Novartis raises full-year targets, aims to settle U.S. lawsuit
Novartis boss Vas Narasimhan raised full-year targets on Thursday and announced that $700 million has been set aside in the hope of settling a decade-old...
Honeywell beats quarterly profit estimates, raises 2019 forecast
Honeywell International Inc on Thursday reported a better-than-expected quarterly earnings and raised its full-year sales and profit forecasts, riding on higher demand for aircraft parts...
Goldman Sachs’ equities-backed earnings results may pressure
Booming stock markets around the globe helped Goldman Sachs Group Inc offset declines in other businesses last quarter, but those gains may not be sustainable,...
GM’s mid-engine Corvette gears up to take on Europeans
General Motors Co was set on Thursday to unveil its newly designed mid-engine 2020 Corvette in a splashy tribute to its emblematic sports car, even...
Renault’s Senard expects Nissan’s new board to embrace alliance
Renault is confident that alliance partner Nissan’s new board will work to reinforce their partnership as it struggles to turn the page on the Carlos...
Verizon resurrects media business as safe haven on the internet
Banning pornography from Tumblr was not necessarily meant to define Verizon Media’s strategy to turn around a collection of Internet has-beens. But that is how...
Trump’s tariffs trip up the all-American RV industry
Carrie Gray points to a stack of unwelcome mail on a conference table at the offices of Renegade RV, one of the leading U.S. manufacturers...
BMW to pick new CEO, Zipse emerges as favorite
BMW is set to name Oliver Zipse as its new chief executive, picking the manufacturing expert to help the German automaker make the shift to...