NEW YORK U.S. stocks sold off on Thursday, pushing the S&P 500 to its lowest in a month, as escalating worries about the Trump administration's ability to push through its agenda rattled investors.
Recent Business News
Applied Materials Inc , the world's largest supplier of tools used to make semiconductors, reported a better-than-expected quarterly profit helped by strong growth in its semiconductor business.
Alphabet Inc's Google has expanded its YouTube TV streaming service into 14 new U.S. markets to reach half of American households, with an additional 17 markets to launch in the next few weeks, the company said on Thursday.
BOSTON/NEW YORK Billionaire activist investor William Ackman on Thursday said Automatic Data Processing Inc's stock price could double in the next five years if the human resources outsourcing company cuts costs, streamlines its business and invests in technology upgrades.
FRANKFURT Airline entrepreneur Hans Rudolf Woehrl is interested in insolvent Air Berlin , a spokeswoman for his company INTRO-Verwaltungs GmbH told Reuters, responding to a media report saying he was planning a bid.
MEXICO CITY U.S. energy company Chevron Corporation said on Thursday it is set to enter Mexico's recently opened fuel sector, by importing, distributing and selling refined products in partnership with a local gas station network it did not name.