January 23, 2019

Verizon cuts 7 percent of jobs in media unit

Verizon Communications Inc is cutting about 7 percent, or about 800 jobs, at its media unit, it said on Wednesday. Powered by WPeMatico
January 23, 2019

Stocks seesaw, dollar off; global, U.S. worries weigh

Stocks oscillated between positive and negative territory on Wednesday as worries over U.S. politics, global economic growth and trade tensions offset a boost from quarterly earnings […]
January 23, 2019

Facebook takes steps to prevent removed pages from duplicating content

Facebook Inc will make changes to better prevent users who have had their organization’s pages removed for violating its rules from using duplicate pages to continue […]
January 23, 2019

Blank-check company IPOs moving ahead despite U.S. government shutdown

A corner of the market for initial public offerings is evading the freeze on stock market flotations inflicted by the U.S. government shutdown, putting the spotlight […]
January 23, 2019

Amazon spends company record on U.S. lobbying in 2018: filing

Amazon.com Inc spent $14.19 million on lobbying the U.S. government in 2018, according to a regulatory filing, beating its year-ago record, as large U.S. technology companies […]
January 23, 2019

CEOs sour on Trump policies, warn they hurt business, investment

From centre-stage in Davos last year, President Donald Trump told the world’s corporate bosses that America is a great place to invest. It hasn’t quite turned […]
January 23, 2019

Wall Street mixed as shutdown, trade tensions dampen upbeat earnings

Wall Street struggled for direction on Wednesday, as early gains driven by a spate of upbeat earnings were offset by concerns about a potential economic downturn, […]
January 23, 2019

Comcast tops profit forecasts as broadband business grows

Comcast Corp beat Wall Street profit and revenue estimates on Wednesday as its high-speed internet business grew and it lost fewer cable subscribers than expected. Powered […]
January 23, 2019

Procter & Gamble bets on demand for high-end fabric, skin-care products

Procter & Gamble Co raised its sales forecast for the year on Wednesday after quarterly results topped Wall Street expectations, boosted by price hikes and strong […]
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