SAN FRANCISCO: Microsoft Corp beat analysts' estimates for fourth-quarter revenue and profit on Thursday (Jul 18), even as sales growth began to slow for its cloud product Azure and Office software. Since Chief Executive Satya Nadella took over in 2014, Microsoft has been shifting away from its ...
WASHINGTON: The number of Americans filing applications for unemployment benefits increased moderately last week, pointing to still strong labour market conditions despite signs that economic activity was slowing. Other data on Thursday (Jul 18) showed factory activity in the mid-Atlantic region ...
Boeing said on Thursday it would take an after-tax charge of US$4.9 billion in the second quarter related to estimated disruptions from the grounding of its 737 MAX after two deadly crashes.
President Donald Trump wants a cheaper dollar, saying earlier this month the United States should match what he says are efforts by other countries to weaken their own currencies - giving them an unfair trade advantage.
Boeing said on Thursday it would take an after-tax charge of US$4.9 billion in the second quarter related to estimated disruptions from the grounding of its 737 MAX after two deadly crashes.
NEW YORK: Wall Street stocks finished higher on Thursday (Jul 18), snapping a two-day skid following dovish comments from a top Federal Reserve official that shifted attention from mixed earnings. Major indices were in the red through early afternoon but rallied after New York Federal Reserve Bank ...
U.S. President Donald Trump said on Thursday his administration was looking closely at Amazon's contract with the U.S. Defence Department after getting complaints from other tech companies.
Microsoft Corp on Thursday reported fourth-quarter revenue that beat analysts' estimates, powered by growth in its flagship cloud product Azure.
U.S. stock futures slipped on Thursday after streaming pioneer Netflix posted its first drop in U.S. subscribers since 2011, kicking off earnings for the so-called FANG group on a sour note.
The U.S. Justice Department has told T-Mobile US Inc and Sprint Corp to wrap up a deal by the end of next week to sell assets that need to be divested or face a lawsuit aimed at stopping their proposed merger, a source familiar with the deal said on...
