August 7, 2019

Samsung’s new Note takes on Huawei in selfie beauty pageant

Samsung unveiled a new version of the Galaxy Note smartphone on Wednesday with fast 5G network connection and improved camera features, hoping the premium model helps […]
August 7, 2019

Lyft raises forecast for 2019 as price war with Uber eases, ridership rises

Lyft Inc posted a jump in revenue on Wednesday in its second-quarter results, allowing the ride-hailing company to lift its forecasts as more riders used the […]
August 7, 2019

Lithium producer Albemarle raises 2019 adjusted profit forecast

Albemarle Corp raised its 2019 adjusted profit forecast after posting a 10% jump in the second quarter on Wednesday, as the world’s largest lithium producer sold […]
August 7, 2019

AIG profit beats on strong underwriting, investment income

Insurer American International Group Inc beat Wall Street estimates for quarterly profit on Wednesday, boosted by improved underwriting in general insurance business and higher investment income, […]
August 7, 2019

IAC explores option to spin off Match, ANGI; beats quarterly revenue

IAC/InterActiveCorp said it was exploring the possibility of spinning off its stake in Tinder-parent Match Group and online homeservices provider ANGI Homerservices as it reported a […]
August 7, 2019

Fox Corp beats profit estimates on higher affiliate fees

Media company Fox Corp beat Wall Street estimates for quarterly profit on Wednesday, boosted by higher fees collected from cable and satellite operators and online distributors. […]
August 7, 2019

S&P 500 ends slightly higher after rebounding with bond yields

The S&P 500 recovered from steep early losses to end slightly higher on Wednesday as investors snapped up oversold shares and bond yields rebounded from significant […]
August 7, 2019

Rush into U.S. bonds curbs global stock markets; gold touches six-year high

Investors rushed into the safety of U.S. government bonds on Wednesday, muting a broad stocks rally as fears of a global recession grew. Powered by WPeMatico
August 7, 2019

Former Defense Secretary Mattis rejoins General Dynamics board

Former U.S. Defense Secretary Jim Mattis rejoined the board of General Dynamics Corp on Wednesday, seven months after quitting his job in the Trump administration over […]
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