Gap cuts profit forecast after ‘extremely challenging’ quarter; shares slump 11%
Gap Inc cut its 2019 profit forecast and posted the biggest drop in same-store sales in at least three years at its Gap brand, underscoring...
Exclusive: Amazon interested in buying Boost from T-Mobile, Sprint – sources
Amazon.com Inc is interested in buying prepaid cellphone wireless service Boost Mobile from U.S. carriers T-Mobile US Inc and Sprint Corp, according to two sources...
Dell revenue rises 3% as Windows refresh spurs PC demand
Dell Technologies Inc reported a 3% rise in first-quarter revenue on Thursday, as more customers upgraded their systems ahead of Microsoft’s planned phase out of...
Dell planning for potential fourth round of U.S. tariffs
Dell Technologies Inc Chief Financial Officer Thomas Sweet said on Thursday that the computer maker has been planning for a potential fourth round of U.S....
Wall St. steadies after sell-off, but gains muted
U.S. stocks showed signs of stabilizing on Thursday, but gains were kept in check by conflicting comments on trade talks from President Donald Trump and...
FedEx aims to boost service, profit more from online shopping
FedEx Corp said on Thursday it will begin offering Sunday residential delivery and handoff fewer e-commerce packages to the U.S. Postal Service, as it works...
Gap cuts 2019 profit forecast after ‘extremely challenging’ quarter
Gap Inc cut its full-year earnings forecast and reported a bigger-than-expected drop in same-store sales, especially at its Gap brand outlets, on Thursday, sending its...
U.S.-based equity funds post $22 billion outflows amid trade tensions
Investors rattled by lingering trade tensions between the United States and China pulled roughly $22 billion from U.S.-based equity funds in the week ended May...
Wall St. slump continues on U.S.-China trade uncertainty
U.S. stocks lost ground again on Thursday, as conflicting comments on trade talks from President Donald Trump and Beijing reinforced investor nervousness that a lengthy...
WarnerMedia joins Disney, Netflix in reconsidering Georgia business over abortion law
WarnerMedia on Thursday became the third major U.S. media company to say it would reconsider working in Georgia if a new law banning abortions after...
