Apple aims for April launch of TV service with CBS, Viacom and Starz
Apple Inc is targeting an April event to introduce a streaming television service that will likely include subscription TV services from CBS Corp, Viacom Inc and Lions Gate Entertainment Corp’s Starz among others as well as its own original content, so…
Cisco quarterly revenue, profit beat estimates, shares rise
Cisco Systems Inc reported second-quarter revenue and profit above Wall Street estimates on Wednesday, as the network gear maker benefited from strong growth in its newer businesses such as application software and cyber security.
AIG swings to loss, hit by catastrophes and volatile market
American International Group Inc on Wednesday reported a quarterly loss as the insurer was hit with catastrophe losses and made a lower return on investments in a volatile market.
Johnson & Johnson supplier seeks bankruptcy over talc lawsuits
A key supplier of talc used in Johnson & Johnson’s baby powder filed for Chapter 11 bankruptcy on Wednesday in the wake of multibillion-dollar lawsuits alleging its products caused ovarian cancer and asbestos-related mesothelioma.
Senate Democrats press Trump for China IP, tech transfer commitments
Seven U.S. Democratic senators urged President Donald Trump on Wednesday to press China for a trade deal that fully addresses the technology transfer and intellectual property concerns outlined by U.S. Trade Representative Robert Lighthizer.
Wall Street rises on trade hopes, inflation data
Wall Street closed higher on Wednesday as investors were hopeful that the United States and China could iron out a trade deal and as benign inflation data suggested the Federal Reserve would hold interest rates steady in the near term.
Democratic lawmakers say U.S. military action in Venezuela ‘not an option’
Democratic lawmakers on Wednesday said Congress would oppose U.S. military intervention in Venezuela and challenged the credibility of President Donald Trump’s special envoy, Elliott Abrams, over his past embrace of American covert action.
Trump: China trade talks going ‘very well’ before high-level parley
U.S. President Donald Trump said on Wednesday trade talks with China were “going along very well” as the world’s two largest economies try to resolve their seven-month tariff war ahead of a March 1 deadline for a deal.
Apple ramps up self-driving program as Waymo says its tech improves
Apple Inc has sharply increased its efforts to test self-driving cars on public roads but lags far behind market leader Waymo on a key safety metric, according to data released on Wednesday by the California Department of Motor Vehicles.
U.S. charges former top Apple lawyer with insider trading
The former top corporate lawyer at Apple Inc was criminally charged by the U.S. Department of Justice on Wednesday with insider trading ahead of six of the iPhone maker’s quarterly earnings announcements.
