February 13, 2020

Royal Caribbean cancels 18 cruises, warns coronavirus hit to yearly profit

Royal Caribbean Cruises Ltd on Thursday said it had canceled 18 cruises in Southeast Asia and joined larger rival Carnival Corp in warning that its full-year […]
February 13, 2020

Wall Street slips as coronavirus fears mount

Wall Street lost ground on Thursday, backing away from record highs as investors digested new coronavirus developments and mixed corporate earnings. Powered by WPeMatico
February 13, 2020

Emerson says will not pursue a break-up following internal review

Emerson Electric Co told investors on Thursday it would not pursue a break-up following a review it launched last year into whether to separate its industrial […]
February 13, 2020

Judge OKs Philly refiner’s bankruptcy plan, sale to property developer: documents

The Philadelphia Energy Solutions oil refinery site will be sold for $252 million and redeveloped under a plan approved in bankruptcy court on Thursday, ending months […]
February 13, 2020

U.S. accuses Huawei of stealing trade secrets, assisting Iran

U.S. prosecutors on Thursday accused Huawei of stealing trade secrets and helping Iran track protesters in its latest indictment against the Chinese company, escalating the U.S. […]
February 13, 2020

U.S. gives Huawei another 45 days to buy from American suppliers

The Trump administration said Thursday it was issuing a 45-day extension allowing U.S. companies to continue doing some business with China’s Huawei Technologies Co Ltd. Powered […]
February 13, 2020

Judge grants Amazon motion for pause in Microsoft’s Pentagon contract work

A U.S. judge on Thursday granted Amazon.com Inc’s request to temporarily halt the U.S. Department of Defense and Microsoft Corp from moving forward on an up-to-$10 […]
February 13, 2020

Nvidia forecast tops expectations on cloud sales despite coronavirus hit

Nvidia Corp on Thursday forecast first-quarter revenue that topped Wall Street expectations, powered by sales of its chips to cloud computing vendors, even as it projected […]
February 13, 2020

Mattel beats profit estimates as cost cuts take hold

Mattel Inc on Thursday beat estimates for quarterly profit as it benefited from a robust cost-cutting program, even as holiday season sales of its flagship Barbie […]
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