Parks push Disney earnings past Wall Street estimates
Walt Disney Co’s theme parks lifted quarterly earnings past Wall Street targets on Wednesday, helping offset big investments to support the media and entertainment company’s bid to draw audiences to streaming media.
Automakers expect White House to delay decision on auto tariffs: sources
Automakers expect U.S. President Donald Trump to delay a decision due next week on whether to impose steep tariffs on imported cars and auto parts on national security grounds for up to six months as talks continue with the European Union and Japan.
Intel shares sink as executives give three-year outlook
Intel Corp shares declined 2.5 percent after executives gave their three-year outlook at an investor day on the company’s Santa Clara, California campus.
Wall St. falls as investors cautious on trade; Intel slides
The benchmark S&P 500 fell on Wednesday for the third day in a row as investors remained cautious about the latest developments on U.S.-China trade talks even after hopeful comments from the White House regarding an eventual agreement.
Lyft shares hit record low, piling pressure on Uber ahead of IPO
Lyft Inc’s stock slumped nearly 11% on Wednesday to a record low after the ride-hailing company posted a deep quarterly loss, putting pressure on Uber Technologies Inc as it prepares to price its initial public offering.
Huawei says detained CFO to seek extradition stay, rights violated
Huawei said on Wednesday that it will seek to stay extradition proceedings against its detained chief financial officer, saying her business activities were conducted with the full knowledge of banking officials.
Uber drivers go on strike in London and New York ahead of IPO, early protests sparse
Uber drivers in London and New York started a series of multi-city strikes on Wednesday to protest the disparity between gig-economy conditions and the sums that investors are likely to make in Friday’s blockbuster stock market debut.
Stocks rebound on China trade deal indication, bonds fall
Equity markets in Europe and the United States climbed and safe-haven bond prices fell on Wednesday after the White House said it had received an indication from China that it wanted to make a trade deal with the United States that had appeared on the …
Wall Street rises on glimmers of hope in U.S.-China trade relations
U.S. stocks edged higher on Wednesday, on track to snap this week’s streak of losses as investors clung to hopeful notes within the latest developments in U.S.-China trade relations ahead of a crucial round of negotiations.
JPMorgan shareholders advised to vote against executive compensation by ISS
Proxy advisory group ISS has advised JPMorgan Chase & Co shareholders to vote against the bank’s executive compensation at its upcoming annual shareholder meeting, according to a report the firm published this week that was seen by Reuters.
