July 25, 2019

Apple pays $1 billion for Intel unit in push for chip independence

Apple Inc took a major step toward supplying its own smartphone chips by purchasing the majority of Intel Corp’s modem business in a deal valued at […]
July 25, 2019

U.S. attorney general, eight state AGs meet over big tech ‘stifling competition’: statement

Eight state attorneys general met on Thursday with U.S. Attorney General William Barr to discuss concerns about big tech companies, according to a statement from the […]
July 25, 2019

Amazon’s push for faster delivery dents profits, costs up 21%

Amazon.com Inc on Thursday reported a profit below Wall Street’s expectations and said income would slump slightly in the current quarter, as the online retailer ramps […]
July 25, 2019

T-Mobile beats estimates for phone subscribers

T-Mobile US Inc on Thursday beat analysts’ estimates for second-quarter net new phone subscribers who pay a monthly bill, boosted by the U.S. mobile carrier’s competitive […]
July 25, 2019

T-Mobile reschedules analyst call without giving reason

T-Mobile US Inc has rescheduled a call with analysts that was to be held on Thursday following its earnings release, the company said on its website. […]
July 25, 2019

Wall Street gives up record high following weak results, Draghi

Wall Street fell from record highs on Thursday following a flurry of downbeat quarterly results from Ford Motor and other companies and after European Central Bank […]
July 25, 2019

‘Toy Story 4’ delivers surprise revenue rise for Mattel

Mattel Inc reported a surprise rise in quarterly revenue on Thursday, as the success of the latest “Toy Story” movie boosted demand for its action figures […]
July 25, 2019

Wall St declines on weak earnings reports, ECB statement

U.S. stocks slid on Thursday after a handful of downbeat earnings pointed to a slowing global economy and as European Central Bank chief Mario Draghi’s comments […]
July 25, 2019

California, four automakers defy Trump, agree to tighten emissions rules

Four major automakers said on Thursday they have reached an agreement with California on fuel efficiency rules, bypassing a Trump administration effort to strip the state […]
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