July 24, 2019

GM Cruise to delay commercial launch of self-driving cars to beyond 2019

General Motors Co’s self-driving unit, Cruise, said on Wednesday it was delaying the commercial deployment of cars past its target of 2019 as more testing of […]
July 24, 2019

AT&T wireless business grows but premium TV subscribers decline

AT&T Inc exceeded analyst expectations on Wednesday for net wireless subscribers who pay a monthly bill, as it eked out some growth in a saturated market […]
July 24, 2019

MAX jetliner grounding crisis pushes Boeing to biggest-ever loss

Boeing Co posted its largest-ever quarterly loss on Wednesday, diving nearly $3 billion into the red as it wrestles with a longer-than-expected grounding of its best-selling […]
July 24, 2019

GSK raises 2019 earnings expectations after standout quarter for Shingrix

GlaxoSmithKline beat second quarter profit expectations with the help of strong demand for its shingles vaccine, prompting the British drugmaker to forecast a smaller fall in […]
July 24, 2019

UPS profit rises as e-commerce shipping speeds up

United Parcel Service Inc on Wednesday said demand for its Next Day Air and Ground services drove better-than-expected quarterly profit as large retailers rushed packages to […]
July 24, 2019

Oil edges up on U.S. stock decline, Mideast tensions

Oil prices edged higher on Wednesday, supported by a sharp fall in U.S. crude stocks and tensions over Iran. Powered by WPeMatico
July 24, 2019

Facebook to pay record $5 billion U.S. fine over privacy violations; critics call it a bargain

Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and the social media giant will restructure its […]
July 24, 2019

Deutsche Bank stumbles to big loss on road to reinvention

Deutsche Bank reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges faced by Chief Executive Christian Sewing as he […]
July 24, 2019

Caterpillar’s earnings disappoint on weak China sales, higher costs

Caterpillar Inc’s earnings on Wednesday missed Wall Street’s estimates, hurt by a combination of weak sales in China, and higher production and restructuring costs, leading to […]
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