Apple mobilizes suppliers to unveil first 5G iPhones: Nikkei
Apple Inc is mobilizing suppliers to launch its first 5G iPhone range, the Nikkei Asian Review said on Wednesday.
Apple Inc is mobilizing suppliers to launch its first 5G iPhone range, the Nikkei Asian Review said on Wednesday.
Huawei Technologies captured a record 42% of China's smartphone market in the third quarter as local consumers rallied behind it after U.S. sanctions, leaving Apple to languish towards the bottom of the pile, market data showed.
General Electric Co posted a $1.3 billion loss in the third quarter on Wednesday, and said revenue was flat as it struggles to restore growth and profits after taking a $22 billion accounting charge a year ago.
As Tiger Woods staged his dramatic comeback at Augusta National Golf Club earlier this year, most of Emerson Electric Co's fleet of luxury corporate jets swooped in.
Oil prices fell on Wednesday as worries over a possible delay in resolving the U.S.-China trade war which has hurt global oil demand competed with a drop in U.S. crude inventories which buoyed prices.
Former Exxon Mobil Corp Chief Executive Rex Tillerson is expected to take the stand on Wednesday in a closely watched civil lawsuit accusing the company of hiding the true cost of climate change from investors.
World shares slipped off 21-month highs on Wednesday as the prospect of a U.S. interest rate cut was offset by reports a Sino-U.S. trade deal may be delayed, but a possible $50 billion merger between Fiat-Chrysler and PSA capped European losses.
Boeing Co Chief Executive Dennis Muilenburg will face a second day of questions Wednesday from U.S. lawmakers on its now grounded 737 MAX after sharp criticism at a Senate hearing Tuesday.
Ever since Johnson & Johnson disclosed this month that a government test had turned up asbestos in its Baby Powder, the company has attacked the validity of the result.
General Electric on Wednesday reported earnings and revenue that topped analysts' expectations.
Goldman Sachs downgraded GrubHub to neutral from buy and slashed its 12-month price target to $30 from $86, after the dismal earnings report.
U.S. stock index futures were little changed on Wednesday as investors digested a fresh batch of earnings reports ahead of a widely expected interest rate cut by the Federal Reserve later in the day.
Pizza Hut and KFC parent Yum Brands Inc reported quarterly profit below market expectations on Wednesday, hurt by poor performance at GrubHub Inc , the food delivery platform the restaurant operator bought a stake in a year ago.
When Apple Inc reports results on Wednesday, Wall Street expects flat fiscal fourth-quarter sales and lower full-year revenue compared with the prior year, mostly because of declining iPhone sales. Yet Apple's stock price has hit all-time highs in recent weeks, as has its price-to-earnings valuation.
World shares slipped off 21-month highs on Wednesday as the prospect of a U.S. rate cut was offset by reports a Sino-U.S. trade deal may be delayed, though a possible $50 billion merger between Fiat-Chrysler and PSA capped European losses.