August 15, 2018

SEC scrutiny of Tesla grows as Goldman hints at adviser role

The U.S. Securities and Exchange Commission has sent subpoenas to Tesla Inc regarding Chief Executive Elon Musk’s plan to take the company private and his statement […]
August 15, 2018

U.S. investor sues AT&T for $224 million over loss of cryptocurrency

U.S. entrepreneur and cryptocurrency investor Michael Terpin filed a $224 million lawsuit on Wednesday against telecommunications company AT&T , accusing it of fraud and gross negligence […]
August 15, 2018

Cisco’s software push fuels quarterly beat, strong forecast

Cisco Systems Inc topped Wall Street targets for quarterly revenue and profit and forecast first-quarter sales above estimates on Wednesday, as the network gear maker’s transition […]
August 15, 2018

U.S. stocks drop on downbeat earnings, trade tensions

Wall Street fell in a day of heavy trading on Wednesday with the S&P 500 posting its biggest percentage drop since late June as investors turned […]
August 15, 2018

Uber narrows loss but is a long way from finding profit

Uber Technologies Inc said on Wednesday it narrowed its quarterly losses from a year earlier, although the ride-hailing company is still a long way from proving […]
August 15, 2018

Cisco tops revenue estimates as newer bets pay off

Cisco Systems Inc reported quarterly revenue above Wall Street estimates on Wednesday, driven by growth in the network gear maker’s newer businesses such as cyber security. […]
August 15, 2018

Qatar to aid Turkey, lira rallies, U.S. rejects lifting tariffs

The United States on Wednesday ruled out removing steel tariffs that have contributed to a currency crisis in Turkey if Ankara frees a U.S. pastor, as […]
August 15, 2018

White House condemns Turkey’s tariffs on U.S. imports

The White House on Wednesday condemned Turkey’s doubling of tariffs on U.S. cars, alcohol and tobacco imports, calling the action “a step in the wrong direction.” […]
August 15, 2018

Google provides data on U.S. political advertising

Google has added a section to its twice-yearly transparency report to show who buys U.S. election ads on its platform and how much money is spent […]
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