May 30, 2019

Gap cuts 2019 profit forecast after ‘extremely challenging’ quarter

Gap Inc cut its full-year earnings forecast and reported a bigger-than-expected drop in same-store sales, especially at its Gap brand outlets, on Thursday, sending its shares […]
May 30, 2019

Uber loses $1 billion in quarter, hitting forecast, as revenue rises 20%

Uber Technologies Inc reported a $1 billion loss and a 20% rise in revenue on Thursday in its first quarterly report as a public company, in […]
May 30, 2019

Dell revenue rises 3% as Windows refresh spurs PC demand

Dell Technologies Inc reported a 3% rise in first-quarter revenue on Thursday, as more customers upgraded their systems ahead of Microsoft’s planned phase out of Windows […]
May 30, 2019

Equities advance after week-long selloff, bond yields steady

World stock markets climbed for the first time this week on Thursday, giving pause to a multiday selloff on fears of an escalating trade war between […]
May 30, 2019

Not clear UK has made final decision on Huawei: U.S. national security adviser Bolton

U.S. President Donald Trump’s national security adviser John Bolton said on Thursday it was not clear to the United States that a decision on British government […]
May 30, 2019

Nissan’s technology could pay in Renault-FCA deal: sources

Nissan’s advanced technologies including platforms and electric powertrains could give it leverage in a merger involving Renault and Fiat Chrysler, thanks to a royalty system it […]
May 30, 2019

Wall Street rises after trade-driven selloff

U.S. stocks rose for the first time this week on Thursday, as President Donald Trump said trade talks with China are doing well, offering a glimmer […]
May 30, 2019

CBS board plans merger talks with Viacom: CNBC

CBS Corp’s board is preparing for merger talks with media company Viacom Inc, CNBC reported on Thursday, citing sources. Powered by WPeMatico
May 30, 2019

Trump says U.S. doing well in trade talks with China

President Donald Trump said on Thursday the United States was doing well in trade talks with China and that Beijing wanted to make a deal with […]
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