Apple Inc sold more iPhones than Wall Street expected in the third quarter and forecast revenue in the current period would top many analysts' targets, soothing fears that demand for Apple's most important product had hit a wall.
SAN FRANCISCO/BENGALURU Twitter Inc reported its slowest growth in quarterly revenue since going public in 2013 and disappointed investors yet again with a lowered outlook for the current quarter.
SAN FRANCISCO/BENGALURU Twitter Inc reported its slowest growth in quarterly revenue since going public in 2013 and frustrated investors yet again with a disappointing outlook for the current quarter.
Verizon Communications Inc disappointed Wall Street on Tuesday by reporting a smaller-than-expected subscriber gain for its main wireless business, while its CEO gave few details about plans to increase revenue from its planned purchase of Yahoo Inc's internet assets.
NEW YORK Goldman Sachs Group Inc was sued on Tuesday by a major shareholder of a Malaysian bank it once advised, and which accused the Wall Street bank of fraudulently shortchanging it in a merger to curry favor with that country's prime minister.
SAN FRANCISCO The U.S. Federal Reserve is expected to keep interest rates unchanged this week, deferring any possible increase until September or December, as policymakers hold out for more evidence of a pickup in inflation.
China's Le Holdings Co Ltd , also known as LeEco, said on Tuesday it would buy U.S. consumer electronics company Vizio Inc for $2 billion.
SEOUL At last February's Super Bowl, Hyundai Motor hired 'X-Men' movie star Ryan Reynolds for an ad plugging the new version of its Elantra sedan. Not in the script: a slide in first-half sales of the South Korean automaker's U.S. mainstay.
CARACAS/BOGOTA Even for Venezuela's notoriously opaque economy, it was a sweetheart deal that went too far.
WASHINGTON The top state prosecutors in New York and Massachusetts said on Tuesday they will refuse to comply with a subpoena from U.S. congressmen for details on their investigations into whether Exxon Mobil misled investors on climate change risks.
Mega-donors gave millions to back the White House candidates of their choice. It didn't go quite as planned.