The New York Times Co on Wednesday forecast a "fairly challenging" fourth quarter due to a drop in advertising revenue, which the publisher said may fall further due to changes in its ad platform, sending its shares down 9%.
CVS Health Corp reported higher-than-expected third-quarter profit on Wednesday as medical costs in its Aetna health insurance business came in below forecasts, and the company said its new strategy of using in-pharmacy clinics would contain healthcare spending going forward.
U.S. video streaming service Roku Inc reported a wider net loss in the third quarter on Wednesday, as it spent more to attract subscribers to its video streaming platform.
Private equity firm Blackstone Group Inc Chief Executive Stephen Schwarzman said on Wednesday he was optimistic that the United States and China would resolve their 16-month-long trade war, helping to ease tensions between two of the world's biggest economies.
Qualcomm Inc said on Wednesday it expected 200 million 5G smartphones to be sold in 2020, including flagship devices launching next fall, a reference Wall Street took as a hint that Apple Inc would offer the faster technology next year.
The board of Google parent Alphabet Inc expects to complete by next month an investigation into the company's handling of sexual harassment and other misconduct complaints against current and former executives, according to a filing in state court last month.
U.S. stocks slipped on Wednesday following a Reuters report the U.S.-China trade deal could be delayed until December.
The board of Google parent company Alphabet Inc is investigating executives' handling of sexual harassment and other misconduct claims, and expects to complete its probe by early December, according to a recent court filing.
A meeting between U.S. President Donald Trump and Chinese President Xi Jinping to sign a long-awaited interim trade deal could be delayed until December as discussions continue over terms and venue, a senior official of the Trump administration told Reuters on Wednesday.
The founder of Bridgewater Associates, the world's largest hedge fund, recently spelled out his thesis on why the economy is broken in a LinkedIn post titled: "The World Has Gone Mad and the System Is Broken."
You may have the perfect plan for travel this holiday season. Yet, one wrong move could sink your carefully crafted budget.
Asian shares paused near multi-month peaks on Thursday while bonds eked out a bounce as reports of delays in sealing a preliminary Sino-U.S. trade deal left investors frustrated at the lack of concrete progress.
Shares of SoftBank Group fell more than 4% in early trade on Thursday after the Japanese conglomerate reported a $6.5 billion quarterly loss, its first such loss in 14 years, dragged down by a massive hit at its giant Vision Fund.
Senate majority leader Mitch McConnell joined a bipartisan group of senators on Wednesday in introducing a bill to secure the pensions for nearly 90,000 retired coal miners as a recent wave of coal company bankruptcies threatens the solvency of the federal pension fund.
Canadian Prime Minister Justin Trudeau on Wednesday cited "positive momentum" in the U.S. process to ratify a new North American trade deal, which has been in limbo for months amid concerns over labor standards.