Disney+ is set to launch in November. Needham said Disney's streaming customers will "mostly come" from Netflix because "US consumers have shown a reluctance to add" additional streaming services.
U.S. package delivery company FedEx Corp will terminate its contract at the end of this month for small-package ground deliveries with Amazon.com Inc , Bloomberg reported on Wednesday.
Women face unique risks when it comes to saving for retirement, according to a survey from Nationwide Advisory Solutions.
U.S. stocks futures turned lower on Wednesday after investors flocked to safe-haven gold and U.S. government bonds amid worries over the escalation in U.S.-China trade war denting global growth.
Bank stocks are getting slammed this week as the trade war heats up but some analysts say that selling is misplaced.
The Federal Reserve's "midcycle adjustment" to interest rates could be morphing into something considerably more serious.
Corporate sustainability reports often omit financially material information, vary in their scope and depth and seldom undergo independent audits.
General Motors Co persuaded the federal judge who oversees nationwide litigation over defective ignition switches to narrow claims by owners who said their vehicles lost value because of the defect, which has been linked to 124 deaths.
Lyft Inc on Wednesday said a price war with rival Uber was easing, boosting shares of both companies and allowing Lyft to raise its outlook for the year and forecast a faster path to profitability.
U.S. companies posting strong earnings are still winning laurels from investors, even amid the broad stock sell-off over the last week, suggesting that the kind of indiscriminate selling seen the last time an apparent devaluation of China's yuan spooked global markets is far from imminent.
The U.S. Centers for Medicare and Medicaid Services (CMS) on Wednesday said it has finalized a decision to cover expensive cancer cell therapies sold by Gilead Sciences Inc and Novartis AG .
Albemarle Corp beat quarterly profit estimates on higher demand for bromine and raised its 2019 adjusted profit forecast on Wednesday, sending shares of the world's largest lithium producer up over 10% in extended trading.
Hedge fund Hoplite Capital is returning money to outside clients after a period of sluggish returns, the firm's founder, John Lykouretzos, told investors in a letter on Wednesday.
Chipmaker Broadcom Inc is in advanced talks to buy Symantec Corp's enterprise business, according to people familiar with the matter.
Albemarle Corp , the world's largest lithium producer, posted a better-than-expected quarterly profit on Wednesday, aided by higher sales and prices of bromine and lithium, and raised its 2019 adjusted profit forecast, sending shares up 6% at $71.62 in extended trading.