January 30, 2019

Facebook profit beats Wall Street, shares jump after hours

Facebook Inc on Wednesday easily beat Wall Street’s profit estimates, soothing investor concerns that increased spending on the privacy of its users would blunt growth. Powered […]
January 30, 2019

Tesla sees profit in every 2019 quarter, but faces logistics risks

Tesla Inc warned on Wednesday it will need to begin building cars in China and lower the price of its Model 3 sedan to make money […]
January 30, 2019

Currency hit to North American companies’ third quarter results most in 10 quarters: report

The negative effect of currency fluctuations on North American companies’ results in the third quarter of 2018 was the most in 10 quarters, according to a […]
January 30, 2019

In a shift, U.S. Fed says will be ‘patient’ on future rate hikes

The Federal Reserve on Wednesday signaled its three-year-drive to tighten monetary policy may be at an end amid a suddenly cloudy outlook for the U.S. economy […]
January 30, 2019

NY AG, governor probing Apple’s response to FaceTime bug

New York Governor Andrew Cuomo and new Attorney General Letitia James on Wednesday said the state was probing Apple Inc’s failure to warn consumers about a […]
January 30, 2019

Microsoft’s Azure revenue growth slows, shares fall

Microsoft Corp on Thursday reported results largely in line with Wall Street’s targets, though Azure cloud computing sales grew more slowly in the December quarter than […]
January 30, 2019

NY AG, Governor Cuomo launch probe into Apple’s FaceTime bug

New York’s new Attorney General Letitia James and Governor Andrew Cuomo on Wednesday announced an investigation into Apple Inc’s failure to warn consumers about a FaceTime […]
January 30, 2019

Fed leaves rates unchanged, says will be ‘patient’ on future hikes

The Federal Reserve held interest rates steady on Wednesday but said it would be patient in lifting borrowing costs further this year as it pointed to […]
January 30, 2019

Instant View: Fed holds rates steady

The Federal Reserve held interest rates steady on Wednesday but said it would be patient in lifting borrowing costs further this year as it pointed to […]
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