Intel Corp on Thursday beat Wall Street estimates for third-quarter revenue and profit and raised its full-year revenue forecast, powered by sales to data centers and easing concerns about slowing demand during the U.S.-China trade war.
Three major U.S. retailers, including Walmart, are removing all 22-ounce bottles of Johnson & Johnson's baby powder from their stores, following the healthcare conglomerate's recall last week of some bottles due to possible asbestos contamination.
Luxury retailer Barneys New York Inc is close to being sold to licensing firm Authentic Brands Group LLC after a competing bid from a trade show executive failed to qualify for a bankruptcy auction, people familiar with the matter said on Thursday.
The British pound fell against the dollar on Thursday after British Prime Minister Boris Johnson's call for a national election, while global stock markets edged higher.
Striking workers at General Motors Co factories in the United States finish voting on Friday on a proposed four-year contract that could end a 39-day strike that has cost the No. 1 U.S. automaker more than $2 billion according to Wall Street.
American Airlines Group Inc and Southwest Airlines Co posted quarterly profit increases on Thursday thanks to strong U.S. travel demand even as the two carriers pointed to a rising cost impact from the continued grounding of the Boeing 737 MAX.
Pharmacy retailer CVS Health Corp said on Thursday it is pulling out 22 ounce bottles of Johnson & Johnson's baby powder from its stores and online as a precautionary measure.
Wall Street's heavy hitters are back in Saudi Arabia but the terms of engagement have changed.
"I think the shorts are going to be forced to cover as time goes on," says Ark Investment Management founder and CEO Catherine Wood.
CBC | Terri Coles ·| Oct 24, 019 With more than half a billion in new venture funding, Verafin is stepping into the spotlight On Wednesday, Canada's largest-ever venture funding deal was made for $515 million — a sizeable sum of money by any measure — going to a world leader in providing financial crime management
Visa Inc's quarterly profit beat analysts' estimates on Thursday, helped by growth in overall customer spending, which boosted fees for the world's largest payment processor.
Pharmacy retailer CVS Health Corp said on Thursday it is pulling all 22 ounce bottles of Johnson & Johnson's baby powder from its stores and online to comply with the U.S. healthcare conglomerate's recall last week of a lot of 22 oz bottles due to possible asbestos contamination.
Amazon.com Inc on Thursday forecast revenue and profit for the holiday quarter below expectations, as it faces fierce competition and rising costs from its plan to speed up delivery times globally.
U.S. weapons maker Raytheon Company reported better-than-expected third-quarter profit on Thursday and raised its full-year earnings and sales outlook, helped by higher demand for space programs, weapons and missile warning systems.
The S&P 500 and the Nasdaq rose on Thursday following strong quarterly reports from several technology companies, including Microsoft Corp , but dour results from 3M Co stymied the Dow Jones Industrial Average.