Consumers want a folding iPhone and will pay $600 more for it, UBS survey shows
UBS said folding smartphone technology is "particularly important for Apple."
UBS said folding smartphone technology is "particularly important for Apple."
A cautious calm returned to stock markets on Wednesday as softer rhetoric from Washington on the U.S.-China trade war soothed investors, though demand for safe-haven assets like government debt underscored lingering anxiety over recession risks.
China's top sport utility vehicle maker Great Wall Motor said in a stock exchange filing on Wednesday that its joint venture with BMW was proceeding as planned, though it was still awaiting regulatory approval.
Germany's Bayer said the next U.S. lawsuit scheduled to be heard over claims that its glyphosate-based weedkiller Roundup causes cancer would likely be postponed.
Burger chain Wendy's Co reported quarterly revenue on Wednesday that fell short of analysts' estimates, hit by tough competition in a crowded U.S. fast-food market.
SoftBank Group Corp's second Vision Fund could start investing as soon as next month, founder and Chief Executive Masayoshi Son said, as the technology conglomerate reported a leap in profits at its first $100 billion fund.
Here are the biggest calls on Wall Street on Wednesday
U.S. stocks futures turned lower on Wednesday after investors flocked to safe-haven gold and U.S. government bonds amid worries over the escalation in U.S.-China trade war denting global growth.
Women face unique risks when it comes to saving for retirement, according to a survey from Nationwide Advisory Solutions.
U.S. package delivery company FedEx Corp will terminate its contract at the end of this month for small-package ground deliveries with Amazon.com Inc , Bloomberg reported on Wednesday.
Disney+ is set to launch in November. Needham said Disney's streaming customers will "mostly come" from Netflix because "US consumers have shown a reluctance to add" additional streaming services.
China's Great Wall Motor on Wednesday said that its joint venture with BMW faced regulatory uncertainties as both companies pledged to proceed with plans for developing a low-cost electric car.
Subway Restaurants will test Beyond Meat Inc meatballs in 685 restaurants across the United States and Canada starting next month, the latest chain to jump on the meat alternatives bandwagon.
One sector of the S&P 500 has a recent track record of holding onto gains made shortly after steep, sudden losses.
While the rate of return isn't anything to write home about, you get inflation protection and the guarantee that you won't lose your principal.