Major Hollywood studios may reconsider Georgia business over abortion law
The producer of the hit television series “The Walking Dead” and other major Hollywood film and TV studios said on Thursday they would reconsider locating...
Uber loses $1 billion in quarter as costs grow for drivers, food delivery
Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends heavily to build up its food delivery and freight businesses,...
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...