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Verizon quarterly revenue tops estimates as subscribers rise

NEW YORK Verizon Communications Inc's quarterly revenue topped Wall Street analyst estimates on Thursday and the company added more phone subscribers than expected, sending shares of the No. 1 U.S. wireless carrier up in pre-market trading.

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Could the 1987 stock market crash happen again?

NEW YORK On the 30th anniversary of the 1987 stock market crash, U.S. stocks are at a record high and investors are concerned that steep valuations may mean a correction is overdue, despite healthy corporate earnings and economic growth. | Video

7:38am EDT

Nissan to suspend domestic production of cars for Japan market

TOKYO Nissan Motor Co Ltd is suspending domestic production of vehicles for the Japanese market for at least two weeks to address misconduct in its inspection procedures that led to a major recall, it said on Thursday.

8:39am EDT

Futures lower as technology stocks dip

U.S. stock index futures pointed to a lower start for Wall Street led by a drop in tech stocks Apple and eBay, on a day that marks 30 years since the 1987 Black Monday stock market crash.

7:39am EDT

Amazon offered billions in tax breaks for second U.S. headquarters

U.S. cities are offering Amazon.com Inc at least as much as $7 billion in tax breaks ahead of a Thursday deadline as they compete to house its second headquarters.

7:09am EDT

Rosneft's Sechin says no watershed in oil market, U.S. shale oil a risk

VERONA, Italy A global deal to cut oil output has not led to a breakthrough on high inventory levels, while an expected rise in U.S. shale oil output may destabilize the market in 2018, the head of Russia's Rosneft, Igor Sechin, said on Thursday.

8:12am EDT


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