President Trump and Iranian President Hassan Rouhani exchanged taunts at the United Nations General Assembly with Trump vowing more sanctions against Tehran and Rouhani suggesting his American counterpart suffers from a “weakness of intellect.”
Business & Financial News, U.S & International Breaking News
Apple shaves cost from displays in newest iPhones: analyst firm
Apple Inc shaved some parts from the display in its largest new iPhone, helping keep costs under control in what has become the priciest component of its phones in recent years, according to a new cost analysis of the device.
Investors at Smith & Wesson parent support call for gun safety report
Investors at American Outdoor Brands Corp approved a call for the gun maker to produce a safety report, officials said during its annual meeting on Tuesday, marking a second win for religious activist shareholders focused on firearms makers after a series of mass shootings in the United States.
Nike profit tops targets but margins disappoint some
Nike Inc topped first-quarter profit on Tuesday, but a small rise in gross margins and no change in its 2019 forecast despite the launch of a successful ad campaign was not enough for some investors, sending shares down 4 percent after hours.
Google to acknowledge privacy mistakes as U.S. seeks input
Leading internet search engine Google will acknowledge that it has made "mistakes" on privacy issues in testimony an executive of the Alphabet Inc unit will deliver to a U.S. Senate committee on Wednesday, according to a document reviewed by Reuters.
No class action for unhappy Uber drivers: U.S. appeals court
Uber Technologies Inc won a legal victory on Tuesday as a federal appeals court said drivers seeking to be classified as employees rather than independent contractors must arbitrate their claims individually, and not pursue class-action lawsuits.
Oil jumps, then pares gains as Trump pressures OPEC again
Oil prices rose Tuesday on global supply concerns following U.S. sanctions on Iran's oil exports, with benchmark Brent surging to a four-year high, then retraced gains to settle just slightly higher after U.S. President Donald Trump called again on OPEC to boost crude output.
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