Wall Street moves higher as chip stocks rebound
A bounce back in trade-sensitive chipmakers pushed U.S. stocks higher on Tuesday, after Washington cut off a Chinese semiconductor maker from its U.S. suppliers.
Apple spruces up Macs, iPad Pros and raises prices
Apple Inc refreshed some of its lesser-known products at a New York event on Tuesday, adding iPhone features like facial recognition to the iPad Pro and faster processors and better displays to some Mac computers that had gone years without a major up…
Under Armour shares surge as turnaround efforts take hold
Under Armour Inc’s shares surged 25 percent on Tuesday after the sportswear maker’s upbeat quarterly earnings and full-year profit forecast underscored the success of its multi-year plan to lower costs and reduce bloated inventory.
U.S. consumer confidence at 18-year high; house price gains slow
U.S. consumer confidence rose to an 18-year high in October, driven largely by a robust labor market, bolstering expectations that strong economic growth would continue through early 2019.
Israel, Boeing sign reciprocal spending deal: ministry
Boeing has agreed to spend billions of dollars in Israel over the coming decade if it wins major defense contracts, Israel’s Economy Ministry said on Tuesday.
General Electric reveals deeper regulatory probe, restructuring
General Electric Co slashed its dividend on Tuesday, said it faces a deepening federal accounting probe and vowed to restructure its power unit, as new Chief Executive Larry Culp took his first steps to revive the struggling conglomerate.
Wall Street gains as chip stocks lead bounce back
U.S. stocks moved higher on Tuesday, led by a strong rebound in trade-sensitive chipmakers after Washington cut off a Chinese semiconductor maker from its U.S. suppliers.
Chesapeake Energy shares tumble on $4-billion WildHorse deal
Chesapeake Energy Corp on Tuesday agreed to buy Texas oil producer WildHorse Resource Development Corp in a nearly $4 billion cash-and-stock deal that knocked down the natural gas producer’s shares by more than 12 percent.
Apple gives aging Macs, iPad Pros an update in New York
Apple Inc refreshed some of its lower-profile products at a New York event on Tuesday, adding iPhone features like facial recognition to the iPad Pro and faster processors and better displays to some Mac computers that have not had a major update in y…
U.S. leads world equities higher on hopes of U.S.-China trade deal
Broad gains in the U.S. equity market turned global stocks higher on Tuesday after President Donald Trump said a “great deal” could be struck with China that would relieve fears of a growing trade war between the world’s two largest economies.
