Apple CEO Cook breathes new life into old iPhones
(Reuters) – By delivering solid financial results that beat Wall Street’s expectations for both revenues and profits on Thursday, Apple Inc’s CEO Tim Cook put to rest concerns that the company’s flagship device, the iPhone X, wouldn’t be ready in time …
Asia shares relieved by Powell pick, pause for U.S. jobs test
SYDNEY (Reuters) – Asian shares took a breather on Friday as investors gave a guarded reception to Republican plans for massive U.S. tax cuts, while welcoming the appointment of a centrist at the helm of the Federal Reserve.
Singapore police examine Goldman’s role in 1MDB deals: Bloomberg
(Reuters) – Singaporean prosecutors and police are looking at Goldman Sachs Group’s relationship with scandal-hit Malaysian state investment fund 1MDB, Bloomberg reported, citing people familiar with the matter.
Asia shares relieved by Powell pick, await U.S. jobs test
SYDNEY (Reuters) – Asian share markets edged higher on Friday as investors gave a guarded reception to Republican plans for massive U.S. tax cuts, while welcoming the appointment of a centrist at the helm of the Federal Reserve.
Amazon to end Fresh grocery delivery service in some areas
(Reuters) – Amazon.com Inc is ending its Fresh grocery delivery service for select areas, though it continues to operate in more than a dozen cities from Los Angeles to Tokyo, it said in a statement on Thursday.
Starbucks cuts profit outlook as competitors close in
(Reuters) – Starbucks Corp trimmed its profit forecast and posted disappointing quarterly sales on Thursday, squeezed by competitors ranging from boutique coffee sellers like Intelligentsia and lower-price rivals including McDonald’s.
Apple sees strong holiday sales, smooth sailing for iPhone X
SAN FRANCISCO (Reuters) – Apple Inc on Thursday reported better-than-expected earnings and offered a rosy forecast for the holiday shopping season, allaying investor concerns about production delays on the new iPhone X and demonstrating remarkable str…
Starbucks sales and profit forecast disappoint, shares drop
(Reuters) – Starbucks Corp cut its profit forecast and posted disappointing quarterly results on Thursday, amid a bitter battle with competitors ranging from boutique coffee seller Intelligentsia to lower-price rivals like McDonald’s.
Trump taps Fed centrist Powell to lead U.S. central bank
WASHINGTON (Reuters) – President Donald Trump on Thursday tapped Fed Governor Jerome Powell to become head of the U.S. central bank, breaking with precedent by denying Janet Yellen a second term but signaling a continuation of her cautious monetary pol…
Raytheon wins $2.87 billion U.S. defense contract: Pentagon
WASHINGTON (Reuters) – Raytheon Co has been awarded a $2.87 billion contract for services supporting the Army, combatant commanders and other Department of Defense customers for live, virtual and constructive training domains, the Pentagon said on Thu…
