Dell Technologies Inc, HP Inc, Microsoft Corp and Intel Corp on Wednesday opposed U.S. President Donald Trump's proposal to include laptop computers and tablets among the Chinese goods targeted for tariffs.
Oracle Corp on Wednesday forecast current-quarter profit above estimates, as the business software maker benefited from demand for its on-premise IT, cloud services and license support businesses, sending its shares up as much as 7% in extended trading.
T-Mobile US Inc is preparing an alternative plan if a deal to sell wireless assets to Dish Network Corp falls through, according to two sources familiar with the matter.
Facebook Inc's plans to create a global cryptocurrency will face scrutiny from the U.S. Senate Banking Committee on July 16, the latest sign that policymakers around the globe are casting a wary eye on the project.
Jeffrey Gundlach, chief executive of DoubleLine Capital and the most widely followed bond investor, said the Federal Reserve's dovish turn in its policy statement on Wednesday took its lead from the bond market.
Papa John's International Inc, which has been struggling to boost sales, said on Wednesday it would spend $80 million to boost its brand image and support its franchisees in the United States from the third quarter of fiscal year 2019.
The U.S. bond market's gauges of investors' inflation views climbed on Wednesday as the Federal Reserve signaled it may lower interest rates later this year to counter slowing global growth and sluggish domestic inflation.
The U.S. Federal Reserve on Wednesday said it was ready to battle growing global and domestic economic risks with interest rate cuts beginning as early as next month, as it took stock of rising trade tensions and growing concerns about weak inflation.
The New York Stock Exchange on Wednesday set the reference price for Slack Technologies Inc's direct listing at $26 per share.
Slack Technologies Inc, whose instant messaging app has taken workplaces by storm, is scheduled to go public via a direct listing on June 20, instead of the more popular initial public offering route.
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.
The Fed chief said that despite reports that Trump was looking to demote or fire him, he doesn't plan on leaving anytime soon.
Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook spoke to the central bank about the digital currency called Libra
While the Federal Reserve still sees no rate cut in 2019, traders are convicted a rate reduction is coming as soon as July.
Aiming to jumpstart dormant talks, the top U.S. trade negotiator said on Wednesday he will confer with his Chinese counterpart before next week's meeting between President Donald Trump and Chinese President Xi Jinping in Japan as the two countries take another shot at resolving their damaging trade dispute.