Healthy travel demand is cushioning results for American Airlines Group Inc and Southwest Airlines Co , the two said on Thursday, while warning they are losing customers as their Boeing 737 MAX jets remain parked in a global grounding.
Chipmaker Broadcom Inc said on Thursday it has entered into two multi-year agreements with Apple Inc for the supply of wireless components used in its products.
The S&P 500 ended slightly higher and the Nasdaq eked out a record closing high on Thursday, helped by a jump in Netflix, while news about the coronavirus outbreak spreading from China and mixed earnings results kept a lid on the market.
Intel Corp forecast full-year revenue above analysts' estimates on Thursday after beating fourth-quarter earnings expectations, powered by its closely watched data center and PC chips businesses, sending its shares up nearly 7%.
Insys Therapeutics founder John Kapoor was sentenced to 66 months in prison for his role in an opioid fraud scheme by a U.S. district judge in Boston on Thursday.
The first phase of battle over whether Huawei Chief Financial Officer Meng Wanzhou should be extradited to the United States wrapped up on Thursday after four days, with lawyers for Meng challenging prosecution claims that her alleged actions are a crime in Canada.
JPMorgan Chase & Co Chief Executive Officer Jamie Dimon got a half-million-dollar raise for 2019, bringing his total compensation for the year to $31.5 million, the company said in a filing on Thursday.
John Kapoor, the founder of Insys Therapeutics Inc , on Thursday was sentenced to 66 months in prison for his role in a bribery and fraud scheme that contributed to the U.S. opioid crisis.
Oilfield services provider Baker Hughes Co missed analysts' estimates for quarterly profit on Wednesday, hit by lower orders in its business that supplies turbines and compressors to liquefied natural gas (LNG) producers.
Abbott Laboratories Inc reported a 60% rise in fourth-quarter profit on Wednesday, boosted by strong sales of its diabetes and heart devices.
U.S. insurers are ramping up cyber-insurance rates by as much as 25% and trying to curb exposure to vulnerable customers after a surge of costly claims, industry sources said.
Most Wall Street banks announced their fourth quarter profits beat industry expectations last week. But by the end of this week, bank sources and compensation experts told Reuters, most of their staff will be underwhelmed by their bonuses.
The Renaissance Capital IPO ETF, a basket of the most recent 60 or so larger IPOs, has dramatically outperformed the S&P 500 year-to-date.
Johnson & Johnson narrowly missed quarterly revenue estimates on Wednesday as sales of its blockbuster psoriasis medicine Stelara and cancer drug Imbruvica fell short of expectations.
Oil prices fell on Wednesday as a market surplus forecast by the International Energy Agency (IEA) outweighed concern over disruptions to Libya's crude output.