U.S. regulator stands by decision to block Winklevoss bitcoin ETF
The U.S. Securities and Exchange Commission on Thursday stood by a decision blocking an exchange-traded fund that would have tracked bitcoin, citing concerns about market manipulation.
Game publisher EA’s revenue forecast misses estimates
Electronic Arts Inc forecast tepid second-quarter revenue growth on Thursday, overshadowing quarterly results that topped analysts’ estimates and sending its shares down 7 percent in extended trading.
Amgen profit beats Street view, will not raise prices again in 2018
Amgen Inc on Thursday reported a better-than-expected second quarter profit and raised its full-year earnings forecast, and its chief executive pledged not to raise drug prices again this year.
Intel data center results, margin outlook disappoint, shares drop
Intel Corp’s fast-growing data center business missed Wall Street targets on Thursday as the world’s second-largest chipmaker faced stiff rivalry from Advanced Micro Devices Inc , and it again delayed the release of its next-generation chips until the…
Starbucks, others must pay California workers for tasks done after clocking out: court
California’s top state court said on Thursday that employers must pay their workers for small amounts of time they spend on work tasks after clocking out, in a ruling that will likely lead to the revival of a lawsuit against Starbucks Corp.
Chipotle price hikes, queso cheese boost sales past estimates
Chipotle Mexican Grill Inc topped analysts’ estimates for same-restaurant sales on Thursday, boosted by higher prices and demand for its queso cheese dip as its new CEO focuses on turning around the once-hot burrito chain.
Trade deal with EU trade greater in scope than expected: U.S. official
The U.S. administration got more out of a trade deal with the European Union than it had expected and the two will work together to deal with China’s market abuses, a top White House official told Reuters on Thursday.
U.S. regulator stands by decision barring Winklevoss bitcoin ETF
The U.S. Securities and Exchange Commission on Thursday stood by a decision to block an exchange-traded fund (ETF) that would have tracked bitcoin.
Amazon beats estimates, Wall St. breathes sigh of relief
Wall St breathed a sigh of relief on Thursday after Amazon.com’s quarterly results beat estimates, sending the online retailer’s stock to a record high and alleviating fears of deepening troubles across the FANG group after Facebook’s results sent its …
Walmart chooses Capital One Financial for credit card program
Walmart Inc said on Thursday it has tied up with Capital One Financial Corp for its store-branded credit card, ending its two-decade long partnership with Synchrony Financial .
