July 26, 2018

Zuckerberg loses $16 billion in record Facebook fall

Facebook Inc Chief Executive Officer Mark Zuckerberg’s fortune took an almost $16 billion hit on Thursday, as the social media giant headed for the biggest one-day […]
July 26, 2018

Raytheon earnings beat, but cash flow concerns hit shares

Tomahawk missile maker Raytheon Co on Thursday raised its earnings forecast for 2018 and reported stronger than expected results, but its shares fell on investor concerns […]
July 26, 2018

It started with a kiss: how Juncker wooed Trump

Jean-Claude Juncker was hailed as a hero by European business on Thursday for making Donald Trump blink and withdraw a threat to slap punitive import tariffs […]
July 26, 2018

Turning from China, Mnuchin says U.S. focused on EU pact

U.S. trade officials will immediately focus on resolving steel and aluminum tariff issues with the European Union, while a broader trade agreement between the parties likely […]
July 26, 2018

Facebook’s plunge hits Nasdaq; easing trade worries lift Dow

The Nasdaq Composite fell on Thursday as Facebook led a selloff in technology stocks, but the Dow gained as fears of a transatlantic trade war eased […]
July 26, 2018

Qualcomm ends $44 billion NXP bid after failing to win China approval

Qualcomm Inc walked away from a $44 billion deal to buy NXP Semiconductors after failing to secure Chinese regulatory approval, becoming a high profile victim of […]
July 26, 2018

U.S. Treasury chief: ‘Disappointed’ Qualcomm deal not ok’d: CNBC

U.S. Treasury Secretary Steven Mnuchin on Thursday said he was very disappointed over Qualcomm Inc’s failed bid to buy NXP Semiconductors NV after China did not […]
July 26, 2018

Retailers set sights on Facebook, Google ad revenue

People with hay fever hate dust. That was the premise of a marketing drive launched by British vacuum cleaner maker Dyson with U.S. retailer Target Corp. […]
July 26, 2018

Qualcomm’s $44 billion NXP offer deadline passes, no word from China

The deadline for Qualcomm Inc to buy NXP Semiconductors passed at midnight U.S. eastern time without any word on Chinese regulatory approval, likely shutting the door […]
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