World stock markets climbed for the first time this week on Thursday, giving pause to a multiday selloff on fears of an escalating trade war between the United States and China that has pushed investors into safe-haven bonds and the U.S. dollar.
Gap Inc cut its 2019 profit forecast and posted the biggest drop in same-store sales in at least three years at its Gap brand, underscoring its struggles to compete with fast-fashion retailers in the face of changing customer preferences.
Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a public company.
Dell Technologies Inc Chief Financial Officer Thomas Sweet said on Thursday that the computer maker has been planning for a potential fourth round of U.S. tariffs on Chinese goods that could impact notebooks and monitors.
Amazon.com Inc is interested in buying prepaid cellphone wireless service Boost Mobile from U.S. carriers T-Mobile US Inc and Sprint Corp, according to two sources familiar with the matter.
U.S. wireless carriers T-Mobile US Inc and Sprint Corp are considering divesting wireless spectrum, according to two sources familiar with the matter, as the companies work to gain regulatory approval for their merger.
Juul Labs Inc is considering opening retail stores in the United States, a source familiar with the matter said on Thursday, a move that would help the controversial company cash in on the booming popularity of its e-cigarettes.
Oil prices fell almost 4% to their lowest in over two months on a smaller-than-expected decline in U.S. crude inventories and fears of a global economic slowdown due to the U.S.-China trade war.
General Electric Co's chief executive said on Thursday he was "really stunned" to learn that a major factory had only recently started using lean manufacturing techniques.
Comcast Corp's NBCUniversal said if anti-abortion laws in various U.S. states are upheld, it would "strongly impact" where it produces films and television shows in the future.
NBCUniversal and WarnerMedia on Thursday joined a wave of U.S. media companies, including Walt Disney Co, saying they will reconsider working in Georgia if a new law banning abortions after a fetal heartbeat can be detected takes effect.
Dell Technologies Inc reported a 3% rise in first-quarter revenue on Thursday, as more customers upgraded their systems ahead of Microsoft's planned phase out of Windows 7 and strong performance in its VMware Inc unit.
Uber Technologies Inc reported a $1 billion loss and a 20% rise in revenue on Thursday in its first quarterly report as a public company, in line with the ride-hailing service's forecasts.
Shares of Viacom Inc rose on Thursday on a report that CBS Corp's board is preparing for merger talks with the media company.
Gap Inc cut its full-year earnings forecast and reported bigger-than-expected declines in same-store sales, especially at its Gap brand outlets, on Thursday, sending its shares down nearly 10% after hours.