Edition:
United States

Business

Photo

Twitter, tech stocks hit as Wall Street turns lower

U.S. stocks headed lower on Wednesday with technology bearing the brunt of falls soon after opening as investors worried over rising bond yields, corporate costs and rising trade tensions with China.

Recent Business News

U.S. sanctions encourage McDonald's to cook up Russian fries

LIPETSK, Russia French fries at McDonald's restaurants from Moscow to Murmansk will be Russian from now on, as U.S. sanctions have spurred on a shift by the American fast-food chain to use local potatoes.

11:19am EDT

General Electric workers, shareholders protest at annual meeting

IMPERIAL, Pennsylvania General Electric CO employees and shareholders voiced frustration on Wednesday with the company's poor performance, while attending the first annual meeting under Chief Executive Officer John Flannery, who has presided over a 43 percent decline in GE's stock price since taking over on Aug. 1.

12:04pm EDT

Twitter trounces estimates as growth moves overseas

Twitter Inc reported its second profitable quarter on Wednesday and topped Wall Street estimates for revenue, profit and monthly active users, as advertisers in Asia and other markets outside the United States embraced its video ads.

Tech, Twitter 10:58am EDT

Bud brewer hopeful that aluminum tariffs won't hit U.S. allies

BRUSSELS Anheuser-Busch InBev , the world's largest brewer, is hopeful that the United States will grant permanent exemptions to aluminum imported from allies and wants U.S. Congress to look into price spikes that have already set in.

10:15am EDT

Boeing cruises past forecasts as margins, sales grow

Boeing Co's profit jumped by more than half in the first quarter, surging past Wall Street forecasts, and strong sales of commercial jets led it to raise its forecasts for cash flow and earnings after a record 2017. | Video

12:15pm EDT

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary