Oil prices rose for a fifth day on Wednesday, supported by a drop in U.S. inventories and investor expectations that the U.S. Federal Reserve will lower borrowing costs for the first time since the financial crisis more than a decade ago.
Wall Street analysts said Apple's earnings were solid but expect more from the iPhone going forward.
General Electric says Miller will remain with the company during the leadership transition.
General Electric shares rise after second-quarter earnings tops expectations and it gives a better-than-expected outlook for cash flow.
U.S. stocks opened higher on Wednesday, lifted by Apple's shares, as the iPhone maker's upbeat earnings eased concerns over the impact of the U.S.-China trade war, while investors awaited an almost certain cut in interest rates by the Federal Reserve.
Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which hit insurers with a record space market loss of 369 million euros ($411.21 million), insurance industry sources say.
U.S. labor costs rose at their slowest pace in 1-1/2 years in the second quarter, the latest indication of benign inflation that could allow the Federal Reserve to cut interest rates on Wednesday for the first time in a decade.
Ryanair has told its staff it has 500 more pilots and 400 more cabin crew than required and job losses will be announced in coming weeks.
Kraft Heinz Co said on Wednesday it would report results for the first six months of the year on Aug. 8, its first financial statement since disclosing a more than $15 billion writedown on its iconic Kraft and Oscar Mayer brands.
U.S. and Chinese negotiators wrapped up a brief round of trade talks on Wednesday that both sides described as "constructive," including discussions over further Chinese purchases of American farm goods and an agreement to reconvene in September.
Facebook Inc on Wednesday defeated an appeal by American victims of Hamas attacks in Israel, who sought to hold the company liable for providing the group a social media platform to further its goals.
Millennial parents are the most likely to feel social pressure to overspend on their children's back-to-school needs.
BlackRock Inc, the world's largest asset management firm, said on Wednesday it had raised $2 billion for its flagship opportunistic credit fund, Global Credit Opportunities, reflecting investor demand for alternative investments.
U.S. stocks rose on Wednesday on a boost from Apple's upbeat earnings report, but a drop in chip stocks capped gains, while investors awaited a widely expected interest rate cut by the Federal Reserve.
Ryanair has 500 more pilots and 400 more cabin crew than needed, and job losses will be announced in the coming weeks, Chief Executive Michael O'Leary told staff in a video message https://vimeo.com/350780012/5abde31242.