Amazon.com Inc will need to raise prices in the United States by about 2.1%-2.6% on average to offset the impact of fresh tariffs slapped by the Trump administration on various Chinese goods, Bank of America Merrill Lynch analysts estimated.
Starbucks Corp said on Wednesday it expects 2020 adjusted profit growth to be lower than 2019 as it factors in the impact of a one-time tax benefit that has inflated its bottom line this year.
With just two weeks to go before their next policy-setting meeting, leading Federal Reserve officials are describing the U.S. economy and what they should do about it in subtly different ways, hints that a robust debate about whether and how much to cut interest rates is underway.
The National Transportation Safety Board (NTSB) on Wednesday cited driver errors and Tesla Inc's Autopilot design as the probable cause of a January 2018 crash of a Model S into a parked fire truck on a highway in California.
A bipartisan group of U.S. lawmakers on Wednesday asked the chief executive of Alphabet's Google to expand its use of technology that prevents copyright infringement to smaller creators who are "at a significant disadvantage."
New York Federal Reserve President John Williams on Wednesday said he is ready to "act as appropriate" to help America avoid an economic downturn but so far the economy appeared to be in a good place.
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Google, which is owned by Alphabet Inc , and its YouTube video service will pay $170 million to settle allegations that it broke federal law by collecting personal information about children, the Federal Trade Commission said on Wednesday.
British American Tobacco said it would launch two new tobacco heating products in Japan under its glo brand, as it seeks to close the gap with market leader Philip Morris International Inc in the country's fast-growing vaping industry.
New York Fed President John Williams says sluggish inflation is one of the central bank's most pressing issues
The U.S. trade deficit narrowed slightly in July, but the gap with China, a focus of the Trump administration's "America First" agenda, surged to a six-month high.
General Motors chief executive Mary Barra is set to meet with U.S. President Donald Trump and White House officials on Thursday to discuss a variety of issues including trade, ongoing contract talks and revising fuel efficiency standards, three people briefed on the matter said.
Discount brokerage company Charles Schwab Corp said on Thursday it will close its Singapore office, less than two years after opening it. "Charles Schwab Singapore will cease to provide services and will close its office in Singapore. We will no longer open new accounts for prospective clients," it said in a statement.
An internal probe at Nissan Motor Co has determined that Chief Executive Hiroto Saikawa and multiple other executives had received excess stock performance-related compensation in violation of company rules, a source said on Thursday.
Shares in Cathay Pacific Airways Ltd fell nearly 4% in early trade on Thursday following the resignation of its chairman after the market closed on the previous day.