January 2, 2019

S&P 500 futures fall sharply after Apple cuts guidance

S&P 500 futures fell 1.5 percent as trading resumed late on Wednesday after Apple cut its forecast for the holiday quarter. Powered by WPeMatico
January 2, 2019

GM sold 200,000 electric vehicles in U.S. by 2018, triggering tax-credit phaseout: source

General Motors Co hit 200,000 total electric vehicles sold in the United States by the end of 2018, reaching a threshold that triggers a phase-out of […]
January 2, 2019

Netflix poaches Activision’s Neumann for CFO role

Netflix Inc said on Wednesday it had appointed media finance veteran Spencer Neumann from Activision Blizzard as its chief financial officer. Powered by WPeMatico
January 2, 2019

Prosecutor drops insider trading case against former Deutsche Boerse CEO

The Frankfurt prosecutor’s office has dropped an insider trading case against former Deutsche Boerse Chief Executive Carsten Kengeter in exchange for payments of almost 5 million […]
January 2, 2019

Global growth worries, higher oil flatten yield curve

The Treasury yield curve flattened on Wednesday afternoon as shorter-dated yields rose on higher oil prices, while at the long end, the benchmark 10-year U.S. government […]
January 2, 2019

Oil volatile, ends up 2 percent but demand concerns still weigh

Oil prices rose about 2 percent in choppy trading on Wednesday, supported by a slight recovery on Wall Street, even as concerns remained about weakening global […]
January 2, 2019

Stocks pare losses but economic concerns linger

Stocks recovered much of their losses on Wednesday as investors took advantage of cheaper shares to ring in the new year, but lingering economic concerns from […]
January 2, 2019

Tesla shares drop on price cut, disappointing Model 3 deliveries

Shares in Tesla Inc dropped as much as 9 percent on Wednesday on worries of future profitability, after the electric car maker cut U.S. prices for […]
January 2, 2019

Google wins U.S. approval for new radar-based motion sensor

Alphabet Inc’s Google unit won approval from U.S. regulators to deploy a radar-based motion sensing device known as Project Soli. Powered by WPeMatico
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