September 7, 2018

Asia shares hit 14-month lows, yen advances on trade jitters

Asian shares slipped to a 14-month trough on Friday as investors feared a new round of Sino-U.S. tariffs could come at any moment, while a slump […]
September 6, 2018

Broadcom sees fourth-quarter boost from data center demand, iPhone launch

Broadcom Inc on Thursday forecast current-quarter revenue largely above estimates on higher demand for components that power data centers, while the launch of Apple Inc’s new […]
September 6, 2018

U.S. probing Wells Fargo’s wholesale banking unit: WSJ

The U.S. Justice Department is probing whether employees committed fraud in Wells Fargo & Co’s wholesale banking unit, following revelations that employees improperly altered customer information, […]
September 6, 2018

Apple to provide online tool for police to request data: letter

Apple Inc plans to create an online tool for police to formally request data about its users and to assemble a team to train police about […]
September 6, 2018

Fed likely to need to hike rates ‘a bit beyond neutral’: Evans

The Federal Reserve will likely have to raise interest rates past the neutral rate to keep the economy on a sustainable growth path and inflation around […]
September 6, 2018

Broadcom quarterly profit beats on data center demand

Broadcom Inc reported third-quarter profit above analysts’ estimates and the chipmaker forecast current-quarter revenue largely above expectations, driven by strong performance of its enterprise storage business. […]
September 6, 2018

Trade war uncertainty drags on global stock markets

Stock markets around the world declined on Thursday and emerging market stocks fell for the sixth day as investors shied away from risk and braced for […]
September 6, 2018

British Airways website suffers data breach; 380,000 payments affected

Financial data has been stolen from potentially hundreds of thousands of British Airways customers who made online bookings in recent weeks, extending a run of embarrassing […]
September 6, 2018

Tesla, Musk sought to ‘burn’ Citron, other short-sellers: lawsuit

The prominent short-seller Andrew Left has sued Tesla Inc and its Chief Executive Elon Musk, saying Musk fraudulently engineered his since-abandoned plan to take Tesla private […]
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