Square profit tops estimates on growth in subscription and services business
Payments processor Square Inc beat analysts' estimates for quarterly profit on Wednesday, as it earned more from its subscription and services business.
Payments processor Square Inc beat analysts' estimates for quarterly profit on Wednesday, as it earned more from its subscription and services business.
The U.S. Department of Justice has demanded documents related to the transmission used in about 2 million of Ford Motor Co's Fiesta and Focus vehicles sold throughout this decade, the Detroit Free Press reported on Wednesday.
Qualcomm Inc forecast current-quarter profit above Wall Street expectations and beat estimates for fourth-quarter revenue from its closely watched licensing business, sending its shares up 5% in extended trading.
Walmart de Mexico, Mexico's biggest retailer, said on Wednesday that sales at stores open for more than a year in Mexico rose 2.3% in October compared with the same month last year.
Oil prices dropped more than $1 a barrel on Wednesday after a much larger-than-expected build in U.S. crude inventories and after Reuters reported that the signing of a U.S.-China trade deal could be delayed until December.
Wearable device maker Fitbit Inc reported its first drop in revenue in five quarters on Wednesday as it faced intense competition from deeper-pocket companies such as Apple Inc and Samsung Electronics Co Ltd , underscoring challenges for buyer Alphabet Inc's Google.
Roku Inc reported a bigger net loss in the third quarter, as the video streaming device-maker spent more to attract subscribers to its video streaming platform, sending shares down 15% in extended trading.
U.S. and European regulators have asked Boeing Co to revise documentation on its proposed 737 MAX software fix, the planemaker confirmed Wednesday, a development that further complicates its efforts to return the jet to service by year-end.
U.S. printer maker Xerox Holdings Corp has made a roughly $33 billion cash-and-stock offer for personal computer maker HP Inc , a move on a company more than three times its size, people familiar with the matter said on Wednesday.
The U.S. Department of Justice has demanded documents related to the transmission used in about 2 million of Ford Motor Co's Fiesta and Focus vehicles sold throughout this decade, the Detroit Free Press reported on Wednesday.
Purdue Pharma LP and the company's Sackler family owners will be shielded until April 8, 2020, from sprawling opioid litigation to give the maker of OxyContin time to try to reach a legal settlement the company says is worth $10 billion.
Steel giant ArcelorMittal wants to cut 5,000 jobs in Italy because of low production levels at its Taranto plant, Italian Prime Minister Giuseppe Conte said on Wednesday, denouncing the plan as "unacceptable".
U.S. video streaming service Roku Inc beat expectations for third quarter revenue, earnings per share and adjusted EBITDA on Wednesday, benefiting from a widespread trend toward cord-cutting.
Qualcomm Inc shares rose more than 5% on Wednesday after it forecast current-quarter profit above Wall Street expectations, as its all-important licensing segment benefits from a deal with Apple Inc .
The acting head of the United Auto Workers (UAW) said on Wednesday that he will examine every department of the union in response to a spreading federal corruption probe that has damaged the union's standing during contract talks with Detroit's automakers.