Snap’s Android fix, gender-changing lens boost users, shares up 11%
Snap Inc’s Snapchat on Tuesday beat analysts’ estimates for user growth and revenue, getting a boost from a better version of its Android app and the launch of a new augmented reality photo lenses.
Chipotle’s online focus delivers same-store sales beat
Chipotle Mexican Grill Inc’s focus on online ordering and aggressive spending on advertising paid off as it brought in more customers and helped it beat same-store sales estimates.
Trump administration split on renewing Chevron’s Venezuela license
The Trump administration is split over whether to renew a license this week for energy company Chevron Corp’s operations in Venezuela, with Secretary of State Mike Pompeo supporting a renewal and others opposing it, three sources with knowledge of the …
Visa earnings beat on higher customer spending
Visa Inc beat analysts’ estimates for quarterly earnings on Tuesday, as a robust economy encouraged customers to spend more and boosted fees for the world’s largest payment processor.
Warren Buffett’s charity lunch postponed after cryptocurrency promoter falls ill
Chinese cryptocurrency entrepreneur Justin Sun postponed his $4.57 million charity lunch with Warren Buffett after falling ill with kidney stones, according to a statement from a foundation he backs.
Starbucks to expand delivery with UberEats across U.S. in early 2020
Starbucks Corp said on Tuesday it would expand its partnership with UberEats to deliver food and coffee throughout the United States in early 2020.
Chinese bank seeks denial of Philadelphia Energy Solutions bankruptcy plan
A Chinese bank asked a federal judge on Tuesday to deny Philadelphia Energy Solutions’ initial bankruptcy requests, arguing it should get priority over any insurance payouts after a June fire destroyed a section of the PES refinery.
Facebook to create privacy panel, pay $5 billion to U.S. to settle allegations
The Federal Trade Commission is set to announce on Wednesday that Facebook Inc has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay $5 billion, two people briefed on the matter said.
Oil rises near $64/bbl on second downed Iranian drone
Oil rose to almost $64 on Tuesday, jumping late in the session after the head of U.S. Central Command said the United States may have taken down a second Iranian drone over the Strait of Hormuz last week.
White House’s Kudlow hopeful on U.S.-China trade talks, agriculture buys
White House economic adviser Larry Kudlow on Tuesday called it a good sign that top U.S. officials would be traveling to China to discuss reviving stalled trade talks, and said he expected Beijing to start buying U.S. agriculture products soon.
