July 17, 2019

Facebook faces more scrutiny from Congress over Libra cryptocurrency plan

Facebook Inc faces more questioning by U.S. lawmakers on Wednesday over its planned cryptocurrency, after a bruising first bout when senators from both parties condemned the […]
July 17, 2019

Wall St. flat as railroads slide after CSX signals trade impact

U.S. stocks treaded water on Wednesday as trade-related weakness hurt CSX Corp’s profit, leading to a decline in railroad stocks and offsetting gains in shares of […]
July 17, 2019

Microsoft, AT&T sign cloud deal worth more than $2 billion

Microsoft Corp and AT&T Inc on Wednesday said they reached a deal under which the telecommunications company will tap Microsoft’s Azure cloud service for its computing […]
July 17, 2019

Amazon under EU antitrust fire over use of merchant data

Amazon became the target of an antitrust investigation by the European Union on Wednesday over its use of merchants’ data, underlining regulators’ increasing focus on how […]
July 17, 2019

Boeing to spend $50 million to support 737 MAX crash victim families

Boeing Co said on Wednesday it will dedicate half of a $100 million fund it created to address two deadly crashes of its 737 MAX planes […]
July 17, 2019

Bank of America profit beats as healthy economy fuels loan growth

Bank of America Corp beat estimates for quarterly profit on Wednesday, as the United States’ second-largest lender’s loan book benefited from a healthy domestic economy. Powered […]
July 17, 2019

Futures flat as investors weigh bank results

Worries about the balance of monetary policy and growth kept U.S. stock futures flat on Wednesday, subduing the impact of solid results from Bank of America […]
July 17, 2019

Facebook to face more scrutiny from Congress on Libra

Facebook Inc will face more questioning on Wednesday by U.S. lawmakers over its planned cryptocurrency after a bruising first bout when senators from both parties condemned […]
July 17, 2019

Trade war, Brexit stoke debt and dollar, hit stocks and sterling

Resurgent trade tensions, concern over the outlook for corporate America and the growing risk of a chaotic Brexit in the United Kingdom curtailed appetite for equities […]
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