Uber reported a net loss of more than $5 billion for the second quarter, which caused the ride-hailing company’s shares to drop considerably as it missed analyst expectations. Lora Kolodny had the news for...
FedEx will no longer provide its ground delivery services to Amazon as the latter’s own fleet is turning into a threat for the company. Joseph Pisani had the news for the AP: FedEx says...
A major tea company is going to pot to boost sales. The company behind Arizona Iced Tea is getting into the market for marijuana-laced gummies and drinks in the U.S. and Canada, seeking new...
Spot gold, seen as a safe-haven investment, has gone through the roof, selling at $1,500 an ounce for the first time in more than six years as financial markets remain jittery. On Wall Street,...
An IT crisis has grounded a couple of hundred British Airways flights and delayed another 100 and more as the airline was forced to resort to manual check-ins. Andrew MacAskill and Paul Sandle had...
Two of the largest print media companies in the United States have agreed to merge in a deal valued at $1.4 billion. AP’s Tali Arbel had the news: Two of the largest U.S. newspaper...
Thomson Reuters Corp., the parent of the Reuters news service, raised its sales and earnings outlook for 2019 and 2020 on Thursday after reporting 4 percent organic revenue growth in the second quarter, which...
Shell has booked the lowest quarterly profit in 30 months for Q2 as lower oil prices bite into the bottom line. Ron Bousso had the news for Reuters: Royal Dutch Shell’s second-quarter profit slumped...
A hacker was arrested yesterday for the alleged breach of the security systems of Capital One gaining access to the data of 106 million people. Gene Johnson had the news for AP: A hacker...
Some of Tuesday’s top business news stories: Associated Press US, China revive trade talks with low hopes for progress, Joe McDonald Pfizer, Mylan strengthen ties, create new company, by Linda A. Johnson CNN Brexit...
