S&P 500, Dow edge down as oil prices, trade worries weigh
The S&P 500 closed slightly lower on Wednesday as falling crude prices and trade jitters held markets in check.
Roku’s platform drives quarterly revenue beat
Roku Inc topped Wall Street estimates for quarterly revenue on Wednesday as the company added more subscribers to its ad-supported platform, sending its shares up nearly 9 percent.
Fox tops profit, revenue estimates as cable earnings rise
Twenty-First Century Fox Inc’s quarterly profit and revenue topped Wall Street estimates on Wednesday, as the Rupert Murdoch-controlled media company earned higher fees from cable distributors.
Ford executive says baby offroader in product pipeline
Ford Motor Co plans to introduce a small utility vehicle based on its compact Focus sedan, with more rugged offroad styling cues than the Escape, a top executive said on Wednesday.
Fox’s revenue rises 18 percent
Twenty-First Century Fox Inc’s quarterly revenue jumped 17.7 percent as the Rupert Murdoch-controlled media company received higher fees from cable distributors.
S&P 500 ends flat; energy, trade jitters a drag
The S&P 500 ended flat on Wednesday as energy share declines and trade jitters kept gains in check.
Tronc weighing offer to sell newspaper business: report
Tronc Inc is weighing an offer to sell the Chicago Tribune and the rest of its newspaper holdings to a private equity firm, the Chicago Tribune reported on Wednesday.
Oil drops on China import data, weighing on equities
Oil prices slumped on Wednesday after Chinese import data showed a slowdown in demand and weighed on world equity markets, which traded near break-even as U.S. technology shares extended recent gains.
Wall St. dips as oil slide drags down energy shares
U.S. stocks were slightly lower on Wednesday as a steep fall in crude oil prices hit energy shares, more than offseting gains in technology and bank stocks.
Beer drinkers lose U.S. appeal over Anheuser-SABMiller merger
A federal appeals court on Wednesday rejected an antitrust challenge by 23 beer drinkers to Anheuser-Busch InBev SA’s $107 billion purchase in 2016 of SABMiller Plc, which they claimed would thwart competition and raise prices in the U.S. beer market….
