September 7, 2019

Spirit Airlines sales to take $25 million hit from Hurricane Dorian

Spirit Airlines on Friday cut its third-quarter outlook for a key revenue measure as it estimates an approximate $25 million hit on its sales, hurt by […]
September 7, 2019

Roku targets UK as smart TV platform duel with Amazon hots up

Streaming company Roku, whose software runs one in three smart TVs in the United States, is turning to the British market as competition with Silicon Valley […]
September 7, 2019

Exclusive: WeWork to press on with IPO launch despite valuation concerns – sources

WeWork owner The We Company plans to proceed with an investor roadshow for its initial public offering (IPO) as early as next week, braving concerns over […]
September 6, 2019

U.S.-China trade conflict could take years to resolve: Kudlow

White House economic adviser Larry Kudlow said on Friday the United States wants “near term” results from U.S.-China trade talks in September and October but cautioned […]
September 6, 2019

Wall St. barely gains after mixed U.S. jobs data

The S&P 500 and Dow industrials closed slightly higher on Friday as investors digested a mixed U.S. jobs report and bet on a Federal Reserve interest […]
September 6, 2019

The S&P 500 inches higher; Treasury yields dip after Powell remarks, jobs report

The S&P 500 posted a nominal gain and Treasury yields edged lower on Friday, as remarks from Federal Reserve chief Jerome Powell firmed interest rate cut […]
September 6, 2019

Fed will continue to act ‘as appropriate’ to sustain U.S. growth

The U.S. Federal Reserve will continue to act “as appropriate” to sustain the economic expansion in the world’s biggest economy, Fed Chair Jerome Powell said Friday […]
September 6, 2019

Apple disputes Google security researcher findings on iPhone attack

Apple Inc on Friday disputed the way that researchers at Alphabet Inc’s cybersecurity team characterized an iPhone security flaw that they said could be used to […]
September 6, 2019

Wall St. week ahead: Another recent inversion could provide support for stocks

A decline in interest rates on long-term U.S. government bonds below the average stock dividend yield has received less attention than an inverted Treasury yield curve, […]
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