Big Tech companies reported mixed quarterly earnings on Thursday, a day after their top executives faced a tough congressional grilling over their market power and alleged monopolistic practices....
Pandemic whacks Google ad sales, causing parent Alphabet to report first quarterly revenue decline in company history
MOUNTAIN VIEW, Calif. (AP) — Pandemic whacks Google ad sales, causing parent Alphabet to report first quarterly revenue decline in company history.
MONTICELLO, Ind. (AP) — A Chicago businessman has bought a northern Indiana amusement park that abruptly closed in February and hopes to reopen the 94-year-old tourist destination's rides and...
FRANKFURT, Germany (AP) — Airbus' chief executive said Thursday that his company sees no short-term benefit from Boeing's troubles with its grounded 737 MAX because the competing A320 is sold out...
SAN FRANCISCO (AP) — Facebook reported solid third-quarter results Wednesday showing steady growth in its user base even as it faces broad regulatory threats and criticism over its power and...
HELSINKI (AP) — Danish shipping group A.P. Moller-Maersk is warning that trade tensions between the United States and China could weigh on business.
The company said a brewing trade war between the two had created uncertainty and could "reduce global container trade by 0.5 to 2.0 percent during 2019-2020".
Maersk's share price was down 1 percent in afternoon trading in Copenhagen.
OMAHA, Neb. (AP) — Norfolk Southern's second-quarter profit raced ahead 43 percent as the railroad handled 6 percent more freight.
The company said Wednesday that it earned $710 million, or $2.50 per share, in the quarter. That's up from $497 million net income, or $1.71 per share a year ago.
The results surpassed the $2.31 per share that Wall Street analysts surveyed by Zacks Investment Research expected on average.
NEW YORK (AP) — Procter & Gamble is hitting back at activist investor Nelson Peltz, saying in a letter Tuesday that he's not entitled to a board seat just because he wants it.
Peltz's hedge fund has a 1.5 percent stake in the consumer products company. He has used that position to push for a seat on the board to help reverse what he says is P&G's disappointing financial performance over the last decade.
SAN FRANCISCO (AP) — Yahoo's financial performance improved slightly during the fourth quarter while the company dealt with the fallout from massive security breaches that have jeopardized the $4.8 billion sale of its internet operations to Verizon Communications.