July 22, 2019

Microsoft to invest $1 billion in OpenAI

Microsoft Corp said on Monday it was investing $1 billion in San Francisco-based OpenAI and that the two had formed a multi-year partnership to develop artificial […]
July 22, 2019

Toshiba Memory sees ‘good chance’ of M&A in push for data center business

Japan’s Toshiba Memory said there was a “good chance” of acquisitions as it pushes to increase its share of the market for advanced storage products used […]
July 22, 2019

Microsoft settles U.S. charges it violated anti-bribery law, accepts criminal fine: SEC

Microsoft Corp agreed to pay more than $25 million, including an $8.75 million criminal fine imposed on its Microsoft Hungary unit, to settle U.S. charges it […]
July 22, 2019

Wall Street gains as earnings season gathers steam

U.S. stocks rose on Monday, lifted by technology companies, as investors eyed fresh U.S.-China trade developments during a busy week of corporate earnings with results from […]
July 22, 2019

Halliburton profit beats as company cuts cost; shares surge

Halliburton Co on Monday beat analysts’ estimates for second-quarter profit as its Completions and Production unit outperformed expectations, pushing its shares up 6.8 percent in early […]
July 22, 2019

Fitch cuts outlook for Boeing on 737 MAX issues

Fitch Ratings lowered its outlook for Boeing Co to “negative” from “stable” on Monday, citing regulatory uncertainty around the timing of its 737 MAX jets’ return […]
July 22, 2019

Halliburton profit beats on international demand for oilfield services

Halliburton Co on Monday beat analysts’ estimates for second-quarter profit, as higher international demand for its oilfield services cushioned weakness in North America, its largest market. […]
July 22, 2019

Stocks struggle, oil jumps on Middle East tensions

European stocks lingered on Monday, hamstrung by dialled-down expectations for a larger U.S. rate cut this month, while escalating tensions in the Middle East boosted oil […]
July 22, 2019

Equifax to pay up to $650 million in data breach settlement

Credit-reporting company Equifax Inc will pay up to a record $650 million to settle U.S. federal and state probes into a massive 2017 data breach of […]
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