GM halts two renovation projects as it looks to cut costs
General Motors Co is halting work on two renovation projects at facilities in the Detroit area as it offers voluntary severance packages to 18,000 salaried workers in North America.
UPS to halt pickups for heavy items before vote on contract offer
United Parcel Service Inc has warned customers it will stop picking up shipments of heavy items next Wednesday to avoid potential freight disruptions before union voting on a tentative contract ends on Nov. 11, the company said on Thursday.
Starbucks same-store sales boosted by U.S., China rebound; shares soar
Starbucks Corp on Thursday reported a better-than-expected rise in quarterly sales at established stores as it benefited from higher prices in the United States and a rebound in China, sending its shares up nearly 9 percent.
Apple warns on holiday sales amid weakness in emerging markets
Apple Inc on Thursday warned that sales for the crucial holiday quarter would likely miss Wall Street expectations, which Chief Executive Tim Cook blamed on weakness in emerging markets and foreign exchange costs.
UPS to halt pickups for heavy items ahead of union vote
United Parcel Service Inc has warned customers that it will stop picking up shipments of heavy items starting next Wednesday to avoid any potential freight disruptions ahead of a union vote on Nov. 11, the company said on Thursday.
Apple gives cautious sales forecast amid weakness in emerging markets
Apple Inc on Thursday said sales for the crucial holiday quarter could miss Wall Street expectations, which Chief Executive Tim Cook blamed on weakness in emerging markets, foreign exchange costs and uncertainty whether the iPhone maker can keep up wit…
CBS third-quarter revenue, profit tops estimates
TV broadcaster and media company CBS Corp beat analysts’ estimates for third-quarter revenue and profit on Thursday, boosted by strong advertising sales and higher digital subscriptions.
Starbucks global same-store sales rise more than expected, shares surge
Starbucks Corp reported a better-than-expected rise in quarterly sales at established cafes on Thursday, helped by strong growth in the United States and a rebound in China, sending its shares up more than 8 percent.
Global stocks begin November stronger, lifted by results, trade war progress
World equity markets began November with a broad rally on Thursday after a brutal October, boosted by strong corporate earnings and signs that a trade war between economic giants, China and the United States, could be contained.
Wall Street climbs for third day, trade optimism helps
U.S. stocks rose for a third straight session on Thursday as President Donald Trump said trade talks with China were “moving along nicely,” reviving hopes that the two countries can resolve their trade dispute.
