January 31, 2019

Facebook lifts Nasdaq, S&P at open; downbeat earnings weigh on Dow

The S&P 500 and the Nasdaq opened higher on Thursday on upbeat results from Facebook Inc, extending a rally after the Federal Reserve’s pledge to be […]
January 31, 2019

General Electric sales top Wall Street estimates, shares rally

General Electric Co beat estimates for sales and cash flow in the fourth quarter and said it had reached a tentative deal to settle a subprime […]
January 31, 2019

General Electric CEO sees 2019 revenue to grow low to mid-single digits

General Electric Co’ CEO Larry Culp said on Thursday he expects the company’s 2019 industrial organic revenue growth to be up low to mid-single digits, led […]
January 31, 2019

UPS tops expectations in holiday quarter

United Parcel Service Inc reported a better-than-expected quarterly profit, as the company benefited from record volumes during the crucial holiday season. Powered by WPeMatico
January 31, 2019

U.S. weekly jobless claims race to near one-and-a-half year high

The number of Americans filing applications for unemployment benefits surged to near a 1-1/2-year high last week, which could raise concerns that the labor market is […]
January 31, 2019

Altria says Juul sales quintupled to $1 billion in 2018

Marlboro maker Altria Group Inc said on Thursday its affiliate e-cigarette maker Juul Labs Inc posted $1 billion in revenue in 2018, up from $200 million […]
January 31, 2019

Walmart, Amazon scrambling to comply with India’s new e-commerce rules

Walmart Inc-owned Flipkart and Amazon.com Inc’s Indian unit are rushing to rejig ownership structures and rework some key vendor relationships, as they seek to comply with […]
January 31, 2019

Explainer: What are India’s new foreign direct investment rules for e-commerce?

India late last year modified foreign direct investment (FDI) rules for its burgeoning e-commerce sector that has attracted Walmart Inc and Amazon.com Inc, creating new hurdles […]
January 31, 2019

Ride-hailing companies suspend Barcelona services after new regulations

Ride-hailing companies Uber and Cabify are to suspend their services in Barcelona in response to the regional government’s imposition of limits on how they operate in […]
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