January 30, 2020

After dismal 2019, Samsung pins modest recovery hopes on chip market pick-up

Samsung Electronics Co is counting on a gradual recovery in memory chip demand from data centers and 5G smartphone makers to help it bounce back in […]
January 30, 2020

U.S. economy growing moderately in fourth-quarter; likely missed Trump’s 3% goal in 2019

The U.S. economy likely maintained a moderate pace of growth in the fourth quarter, and probably again fell short of attaining the Trump administration’s coveted but […]
January 30, 2020

Virus fears push Asian stocks to seven-week low, boost safe-haven assets

Asian stocks and currencies fell on Thursday as the death toll from a new virus spreading in China rose and more cases were reported around the […]
January 30, 2020

Oil falls as virus death toll climbs, U.S. stocks grow

Oil prices fell on Thursday as the death toll from the new virus in China climbed to 170 and more airlines canceled flights to the country’s […]
January 30, 2020

Facebook warns revenue growth slowing, costs remain high

Facebook Inc said on Wednesday that growth would continue to slow as its business matured and it reported a surge in quarterly expenses, disappointing Wall Street […]
January 29, 2020

CalTech wins $1.1 billion jury verdict in patent case against Apple, Broadcom: source

The California Institute of Technology on Wednesday won a $1.1 billion jury verdict in a patent case against Apple and Broadcom , a Caltech legal team […]
January 29, 2020

Oreo maker Mondelez sees coronavirus hurting first-quarter sales

Mondelez International Inc , the maker of Oreos and Chips Ahoy cookies, on Wednesday said it expects first-quarter revenue will be impacted by the coronavirus spreading […]
January 29, 2020

Jaguar Land Rover CEO Ralf Speth to step aside in September: FT

Jaguar Land Rover’s Chief Executive Officer Ralf Speth will step down in September when his contract ends, but will retain an advisory role at the British […]
January 29, 2020

Tesla extends profit run, promises record production, driving stock up 13%

Tesla Inc on Wednesday posted the second quarterly profit in a row on record vehicle deliveries and said it would deliver more than 500,000 units this […]
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