Microsoft approves $40 billion share repurchase program
Microsoft Corp said on Wednesday its board had approved a new share repurchase program of up to $40 billion and raised its quarterly dividend.
Fed cuts rates again, gives mixed signals for next move
The U.S. Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year on Wednesday in a widely expected move meant to sustain a decade-long economic expansion, but gave mixed signals about what may happen next.
S&P 500 ends near flat after Fed’s mixed signals on future policy
The benchmark S&P 500 index ended almost flat on Wednesday as Federal Reserve policymakers gave mixed signals about their next move after cutting interest rates by a quarter of a percentage point in a widely expected move.
Comcast gives away Xfinity Flex TV device, pounding shares of Roku
Comcast Corp said on Wednesday it will offer internet customers a free streaming media set top box that works with other services, stepping up competition with Roku Inc in the market for a device that organizes multiple subscriptions.
Tesla takes on Porsche with battle on Germany’s toughest circuit
Tesla wants to steal Porsche’s bragging rights by testing its Model S on the northern loop of Germany’s Nuerburgring circuit, using a marketing tool that German carmakers have long used to tout the superiority of their products.
Stocks fall, Treasury yield curve flattens after Fed cuts rates but sends mixed signals
U.S. stocks extended their losses and the U.S. Treasury yield curve flattened on Wednesday, after the U.S. Federal Reserve cut interest rates, as expected, but gave mixed signals regarding future rate moves.
Trump on Fed: ‘No “guts,” no sense, no vision!’
President Donald Trump blasted the Federal Reserve for delivering only a quarter-percentage point interest rate cut on Wednesday, saying the U.S. central bank and its chair, Jerome Powell, had “No ‘guts,’ no sense, no vision!”
Pennsylvania joins states opposed to merger of T-Mobile, Sprint
Pennsylvania is joining more than a dozen states that have filed a lawsuit aimed at stopping T-Mobile US’s $26 billion purchase of Sprint, New York Attorney General Letitia James said in a statement on Wednesday.
Instant view: Fed cuts rates again, gives mixed signals for next move
The U.S. Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year on Wednesday in a widely expected move meant to sustain a decade-long economic expansion, but gave mixed signals about what may happen next.
Fed cuts rates on 7-3 vote, gives mixed signals on next move
The U.S. Federal Reserve on Wednesday delivered a widely expected interest rate cut aimed at sustaining a record-long economic expansion, but gave few hints of whether or when it could reduce borrowing costs further.
