August 2, 2018

Kellogg margins hurt by cuts to snack prices, higher costs

Kellogg Co reported lower-than-expected quarterly profit margins on Thursday as the cereal maker spent more on marketing and transportation and had to cut prices on snack […]
August 2, 2018

Apple hits $1 trillion mark, boosts Nasdaq and S&P

Apple became the first $1 trillion publicly listed U.S. company on Thursday, leading a rebound in technology stocks and pushing the benchmark S&P 500 and the […]
August 2, 2018

Tesla shares surge as investors embrace cash comments, Musk apology

Shares of Tesla Inc jumped more than 12 percent on Thursday, after the company convinced investors that it was able to yield positive cash flow and […]
August 2, 2018

Tesla shares rise as investors embrace cash comments, Musk apology

Shares of Tesla Inc jumped 11 percent on Thursday, after the company convinced investors that it was able to yield positive cash flow and turn a […]
August 2, 2018

Financials weigh on Wall Street as tariff worries return

U.S. stocks fell on Thursday, weighed down by financials, as worries of a trade war between the United States and China were heightened after President Donald […]
August 2, 2018

Blue Apron shares sink as customers ditch its meal-kits

Shares of Blue Apron Holdings Inc slumped over 23 percent on Thursday after the meal-kit delivery company’s second-quarter revenue came in below estimates as fewer customers […]
August 2, 2018

U.S. jobless claims up slightly; factory orders rise

The number of Americans filing for unemployment benefits rose less than expected last week, pointing to sustained strength in the labor market despite trade tensions. Powered […]
August 2, 2018

China urges U.S. to ‘calm down’ in trade dispute, says its tactics will not work

China on Thursday urged the United States to “calm down” and return to reason after the Trump administration sought to ratchet up pressure for trade concessions […]
August 2, 2018

Apple in touch with Chinese telcos on ways to cut spam

Apple Inc is speaking with Chinese telecom firms to find ways to reduce spam received through its messaging service, a spokeswoman said, days after state media […]
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