Costco beats quarterly sales estimates
Costco Wholesale Corp on Thursday reported quarterly revenue above Wall Street estimates.
Costco misses quarterly sales estimates
Costco Wholesale Corp on Thursday reported quarterly revenue below Wall Street estimates, as the warehouse club operator cut prices and invested more in its online business to compete with Amazon.com Inc and Walmart Inc .
Lawyers of ex-Nissan boss: Carmaker could have planted evidence
The battle between Nissan Motor Co Ltd and its ousted Chairman Carlos Ghosn in Brazil’s courts escalated on Thursday after the Japanese carmaker sued his sister alleging “unjust enrichment” and his lawyers alleged Nissan could have planted evidence.
Wall Street ends flat as nervous investors flock to defensive shares
The S&P 500 finished little changed after a volatile session on Thursday, as investors continued to be spooked by uncertainty on both domestic and international issues, driving up bids for defensive shares while financials and consumer discretionary stocks were the biggest drags.
Trump says GM shift to electric vehicles is ‘not going to work’
President Donald Trump on Thursday said General Motors Co’s decision to shift much of its focus to electric vehicles will not succeed, and he asserted a new trade deal will make it harder for the company to move work to other countries.
Caterpillar CEO Jim Umpleby adds chairman role
Caterpillar Inc said on Thursday Chief Executive Officer Jim Umpleby would take on the additional role of chairman, effective immediately.
Global stocks lose steam as nerves persist, euro dips after ECB
A gauge of world equities was little changed after giving up early gains on Thursday, continuing a pattern seen for the past several sessions, while the euro eased after the European Central Bank formally ended its bond purchasing scheme.
Starbucks partners with UberEats for delivery in U.S., to double China stores
Starbucks Corp said on Thursday it is partnering with UberEats to deliver food and coffee from nearly a quarter of its restaurants in the U.S. and will nearly double its outlets in China over the next four years.
Adobe’s quarterly revenue surges 23 percent
Adobe Systems Inc on Thursday reported a 22.8 percent rise in quarterly revenue, helped by higher subscriptions for its flagship Creative Cloud suite of software that includes Photoshop.
Brazil judge allows ousted Nissan chairman access to Rio apartment
A Brazilian appellate judge on Thursday granted ousted Nissan Chairman Carlos Ghosn access to a Rio de Janeiro apartment, whose contents have become subject of an intense legal battle in local courts.
