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Starbucks to expand delivery with UberEats across U.S. in early 2020

Starbucks Corp said on Tuesday it would expand its partnership with UberEats to deliver food and coffee throughout the United States in early 2020.



5 years ago

Texas Instruments quarterly revenue falls 9 percent

Texas Instruments Inc reported an 8.7% drop in quarterly revenue on Tuesday, as it grappled with slowing demand for microchips that started late last year.



5 years ago

Chinese bank seeks denial of Philadelphia Energy Solutions bankruptcy plan

A Chinese bank asked a federal judge on Tuesday to deny Philadelphia Energy Solutions' initial bankruptcy requests, arguing it should get priority over any insurance payouts after a June fire destroyed a section of the PES refinery.



5 years ago

Facebook to create privacy panel, pay $5 billion to U.S. to settle allegations

The Federal Trade Commission is set to announce on Wednesday that Facebook Inc has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay $5 billion, two people briefed on the matter said.



5 years ago

Oil rises near $64/bbl on second downed Iranian drone

Oil rose to almost $64 on Tuesday, jumping late in the session after the head of U.S. Central Command said the United States may have taken down a second Iranian drone over the Strait of Hormuz last week.



5 years ago

U.S. Justice Department launches antitrust review of big tech firms

The U.S. Justice Department said on Tuesday it was opening an investigation of major digital tech firms on whether they engage in anticompetitive practices.



5 years ago

Texas Instruments beat profit estimates, shares up 6%

Texas Instruments Inc beat Wall Street estimates for quarterly profit and revenue on Tuesday, signaling a relief against the backdrop of a global slowdown in demand for microchips and sending its shares up 6% in extended trading.



5 years ago

Big Tech faces broad U.S. Justice Department antitrust probe

The U.S. Justice Department said on Tuesday it was opening a broad investigation of major digital technology firms into whether they engage in anticompetitive practices, the strongest sign the Trump administration is stepping up its scrutiny of Big Tech.



5 years ago

Exclusive: Deutsche Bank's problem derivatives cloud recovery - sources

Deutsche Bank AG's turnaround strategy rests in large part on shedding 288 billion euros of unwanted assets. Three bank insiders said it will take years, tying up capital that could have generated income of 500 million euros ($557 million) a year.



5 years ago

Texas Instruments quarterly beat soothes demand jitters, shares up 6%

Texas Instruments Inc provided some relief that a global slowdown in microchip demand would not be as long as feared, posting quarterly profit and revenue that beat Wall Street estimates on Tuesday.



5 years ago

China's credit push to small firms falters in factory heartland

China's campaign to boost loans to small firms was supposed to support the economy during its biggest slowdown in decades, but banks' reluctance to lend has left exporters and manufacturers in its southern industrial belt struggling to pay the bills.



5 years ago

UPS adding Sunday delivery next year, joining rival FedEx

United Parcel Service Inc next year will join rival FedEx Corp in adding Sunday delivery services, efforts viewed as bids to fend off customer-turned-competitor Amazon.com Inc .



5 years ago

Snap's Android fix, gender-changing lens boost users, shares up 9%

Snap Inc's Snapchat on Tuesday beat analysts' estimates for user growth and revenue, getting a boost from a better version of its Android app and the launch of new augmented reality photo lenses.



5 years ago

Bank drops objection to financing request by bankrupt Philadelphia Energy Solutions

A bank dropped its objection on Tuesday to Philadelphia Energy Solutions Inc's initial bankruptcy requests after the two sides struck an agreement over the terms of new financing.



5 years ago

Chipotle's online shift fuels highest sales growth in two years

Chipotle Mexican Grill Inc's aggressive push into online orders, amped up ads around fresh ingredients and the addition of healthier meals helped the burrito chain post its highest sales growth at established restaurants in over two years.



5 years ago