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U.S. attorney general, eight state AGs meet over big tech 'stifling competition': statement

Eight state attorneys general met on Thursday with U.S. Attorney General William Barr to discuss concerns about big tech companies, according to a statement from the Texas attorney general's office.



6 years ago

Amazon's push for faster delivery dents profits, costs up 21%

Amazon.com Inc on Thursday reported a profit below Wall Street's expectations and said income would slump slightly in the current quarter, as the online retailer ramps up spending to deliver goods faster and spark sales growth.



6 years ago

T-Mobile beats estimates for phone subscribers

T-Mobile US Inc on Thursday beat analysts' estimates for second-quarter net new phone subscribers who pay a monthly bill, boosted by the U.S. mobile carrier's competitive wireless plans aimed at fending off its bigger rivals.



6 years ago

T-Mobile reschedules analyst call without giving reason

T-Mobile US Inc has rescheduled a call with analysts that was to be held on Thursday following its earnings release, the company said on its website.



6 years ago

Wall Street gives up record high following weak results, Draghi

Wall Street fell from record highs on Thursday following a flurry of downbeat quarterly results from Ford Motor and other companies and after European Central Bank chief Mario Draghi's comments disappointed investors hoping for a more dovish stance on monetary policy.



6 years ago

'Toy Story 4' delivers surprise revenue rise for Mattel

Mattel Inc reported a surprise rise in quarterly revenue on Thursday, as the success of the latest "Toy Story" movie boosted demand for its action figures and a makeover of Barbie lifted sales of the iconic dolls, sending its shares up 5%.



6 years ago

Starbucks same-restaurant sales beat on U.S., China growth; shares rise

Starbucks Corp third-quarter sales at established stores surpassed estimates, getting a jolt from its two biggest markets, the United States and China, and sending its shares up nearly 6% after the bell on Thursday.



6 years ago

Invisalign maker warns of slowdown in China, shares plummet 27%

Invisalign shipments disappointed, "primarily due to a softness in China related to a tougher consumer environment," CEO Joe Hogan says.

6 years ago

Amazon's push for one-day delivery dents profits, costs up 21%

Amazon.com Inc on Thursday reported its first profit miss in two years and said income would slump in the current quarter, as the online retailer ramps up spending on one-day delivery to spark sales growth.



6 years ago

Starbucks raises profit view on U.S., China demand; shares near record

Starbucks Corp raised its annual earnings forecast after quarterly same-store sales exceeded Wall Street estimates on Thursday, as the world's largest coffee chain saw robust demand in the United States and China for its new beverages.



6 years ago

U.S. DOJ in talks with states to win support for T-Mobile, Sprint merger: WSJ

The U.S. Justice Department is negotiating with state officials to get them to support a planned settlement that would allow T-Mobile US Inc and Sprint Corp to merge by selling assets to Dish Network Corp , the Wall Street Journal reported, citing people familiar with the matter.



6 years ago

U.S. to pay farmers up to $16 billion for trade war losses, South to benefit

The U.S. government will pay American farmers hurt by the trade war with China between $15 and $150 per acre in an aid package totaling $16 billion, officials said on Thursday, with farmers in the South poised to see higher rates than in the Midwest.



6 years ago

Starbucks traffic surges, posts best sales growth in three years

Starbucks Corp attracted more customers in the latest quarter on an expanded line up of beverages and food offerings in the United States and China, leading the coffee chain to raise its fiscal 2019 profit forecast.



6 years ago

Alphabet shares soar on new details into YouTube, cloud growth

Alphabet Inc shares rose 9% after the company reported quarterly results that eased investors' concerns about the growth challenges facing its Google advertising business.



6 years ago

'Toy Story 4', Barbie star in Mattel's surprise revenue rise

Mattel Inc saw a big boost in demand for its action figures after the worldwide success of the latest "Toy Story" movie while a Barbie makeover lifted sales of the iconic doll, helping it report a surprise rise in quarterly revenue.



6 years ago