U.S. stocks rallied more than 1% on Thursday, buoyed by gains in the trade-sensitive technology and industrial sectors as China expressed hope on trade negotiations with the United States, easing concerns that rising tensions could stoke a recession.
Dell Technologies Inc marginally beat Wall Street estimates for revenue on Thursday, boosted by higher sales of its personal computers and cloud services.
U.S. Treasury yields rose on Thursday with 30-year yields climbing from record lows, as hopes on U.S.-China trade talks and a dismal seven-year note auction cooled the recent torrid rally in the bond market.
Waymo, the self-driving car unit of Google parent Alphabet Inc, on Thursday urged the National Highway Traffic Safety Administration (NHTSA) to "promptly" remove regulatory barriers for cars without steering wheels and brake pedals.
A federal judge in Manhattan on Thursday partially dismissed a lawsuit by investors in General Electric Co that accused the company of concealing $24 billion in insurance liabilities and using fraudulent accounting to prop up its power business.
The U.S. Securities and Exchange Commission said on Thursday that it had fined and settled with California-based Juniper Networks, Inc. more than $11.7 mln to resolve charges that it violated the Foreign Corrupt Practices Act (FCPA).
Dell Technologies Inc beat Wall Street profit estimates on Thursday boosted by a higher demand for its cloud services and personal computers, sending its shares up 6% in extended trading.
Dell Technologies Inc beat Wall Street profit estimates on Thursday, helped by higher demand for desktops, as well as a focus on more profitable contracts within its server unit in China, sending the company's shares up 9% in extended trading.
Making surfboards is a dying craft in California. But at least one surfboard maker hopes the tide will turn once Trump's latest tariffs take effect.
Ratings agency Standard & Poor's said on Thursday that Argentina's decision to "unilaterally" extend maturities on its short-term debt constituted a "default," and warned that the country's local and foreign currency sovereign credit ratings were now in "selective default."
The United States and China gave signs on Thursday that they will resume trade talks as the two economic superpowers discussed the next round of in-person negotiations in September ahead of a looming deadline for additional U.S. tariffs.
Asian shares ticked higher on Friday as China struck a hopeful tone on trade with the United States but continued fears about a global growth slowdown, or even a recession, capped sharp rallies.
South Korean battery maker SK Innovation Co Ltd on Friday said it plans to sue compatriot LG Chem Ltd and its U.S. subsidiary in the United States over alleged patent infringement related to electric vehicle (EV) batteries.
Oil prices eased on Friday after three days of gains, with concerns about the state of the global economy amid the U.S.-China trade war keeping prices in check.
U.S. electric vehicles maker Tesla Inc said on Friday it had raised prices for some vehicles in China, a decision that comes as the Chinese yuan trades at its weakest levels in more than 10 years.