August 2, 2018

Financials weigh on Wall Street as tariff worries return

U.S. stocks fell on Thursday, weighed down by financials, as worries of a trade war between the United States and China were heightened after President Donald […]
August 2, 2018

Blue Apron shares sink as customers ditch its meal-kits

Shares of Blue Apron Holdings Inc slumped over 23 percent on Thursday after the meal-kit delivery company’s second-quarter revenue came in below estimates as fewer customers […]
August 2, 2018

U.S. jobless claims up slightly; factory orders rise

The number of Americans filing for unemployment benefits rose less than expected last week, pointing to sustained strength in the labor market despite trade tensions. Powered […]
August 2, 2018

China urges U.S. to ‘calm down’ in trade dispute, says its tactics will not work

China on Thursday urged the United States to “calm down” and return to reason after the Trump administration sought to ratchet up pressure for trade concessions […]
August 2, 2018

Apple in touch with Chinese telcos on ways to cut spam

Apple Inc is speaking with Chinese telecom firms to find ways to reduce spam received through its messaging service, a spokeswoman said, days after state media […]
August 2, 2018

Cisco in advanced talks to buy Duo Security: sources

Cisco Systems Inc is in advanced talks to acquire Duo Security, a venture capital-backed cyber security company, as it seeks to expand its offerings in cloud […]
August 2, 2018

Qualcomm expects $1 billion from chips for watches, speakers

Qualcomm Inc said Thursday it expects to bring in more than $1 billion in sales this fiscal year from semiconductor chips from smart watches, connected speakers […]
August 2, 2018

Yum Brands comparable sales miss as Pizza Hut, Taco Bell disappoint

Yum Brands Inc’s quarterly sales at established outlets fell short of Wall Street estimates on Thursday, as fewer customers dined at its Pizza Hut and Taco […]
August 2, 2018

Tech, industrials lead futures lower on renewed tariff fears

Technology and industrial companies pushed U.S. stock index futures lower on Thursday, as fears of a trade spat between the United States and China failed to […]
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