April 24, 2019

Facebook revenue jumps as U.S. privacy penalty looms

Facebook Inc beat analysts’ estimates for quarterly revenue on Wednesday, aided by growth in its Instagram business and a surge in advertising sales, while also setting […]
April 24, 2019

Wall Street edges lower, energy stocks fall

The S&P 500 slipped on Wednesday after ending the previous session with a record and the Nasdaq failed to hold all-time highs reached earlier in the […]
April 24, 2019

Bayer asks California appeals court to throw out $78 million Roundup verdict

Bayer AG on Wednesday asked a California appellate court to throw out a $78 million judgment it was ordered to pay to a school groundskeeper who […]
April 24, 2019

U.S. Justice Dept. staff seek Goldman guilty plea in 1MDB settlement: FT

A settlement with Goldman Sachs Group Inc over its role in the 1MDB corruption scandal should include a guilty plea at the parent company level, staff […]
April 24, 2019

Boeing abandons financial outlook, sees $1 billion in extra cost on 737 MAX

Boeing Co on Wednesday abandoned its 2019 financial outlook, halted share buybacks and said lowered production due to the grounding of its fastest-selling 737 MAX jet […]
April 24, 2019

Boeing axes 210 orders after India’s Jet stops flying

Boeing Co removed 210 aircraft from its order backlog and took an impairment charge over customer financing losses on Wednesday following the near-collapse of India’s Jet […]
April 24, 2019

Occidental offers $38 billion for Anadarko, topping Chevron

Oil and gas producer Occidental Petroleum Corp on Wednesday started the first takeover battle for a major oil company in years, offering $38 billion, or $57 […]
April 24, 2019

Oil hovers near six-month peak as U.S. stockpile build counters supply fears

Oil prices steadied on Wednesday near six-month highs after data that showed U.S. stockpiles rose to their highest levels since October 2017, countering fears of tight […]
April 24, 2019

S&P 500 hovers below record highs on mixed earnings

U.S. stocks hovered below their all-time highs on Wednesday, as investors digested a mixed batch of earnings reports and losses in energy stocks limited gains on […]
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