Photoshop maker Adobe beats revenue, profit estimates
Adobe Inc beat analysts' estimates for quarterly profit and revenue on Tuesday, driven by growth in its digital media business that houses its flagship product Creative Cloud.
Adobe Inc beat analysts' estimates for quarterly profit and revenue on Tuesday, driven by growth in its digital media business that houses its flagship product Creative Cloud.
Global stocks rallied on Tuesday and benchmark government bond yields tumbled after European Central Bank President Mario Draghi hinted at economic stimulus, with equities getting an extra boost from confirmation that U.S. President Donald Trump would meet China's president to talk about trade.
Barrick Gold Corp, the world's No. 2 gold miner, believes its proposed offer to take full control of its African unit is "more than fair" and will engage with Acacia Mining Plc's board and minority shareholders to win them over, Chief Executive Mark Bristow told Reuters on Tuesday.
Sly Fox Brewing Co., a top craft brewery in Pennsylvania, is raising funds on WeFunder. The company already has brewpubs at other locations and is looking at opening two new locations in Pittsburgh. It is known for its award-winning brews, excellent food, nice ambiance. Sly Fox Brewing Co. also undertakes events to introduce itself to [...]
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Germany's government will buy three new Bombardier jets this year, RND newspapers reported on Tuesday, adding that the deal would have a volume of 240 million euros ($268.51 million).
President Donald Trump on Tuesday kept up pressure on the head of the Federal Reserve to lower interest rates, following a report that White House lawyers earlier this year explored whether they could legally strip Jerome Powell of the Fed chairmanship.
The United States is expected to be open to negotiations on an "enforceable mechanism" that could allow European planemaker Airbus to receive government funding on commercial terms and ease the risk of tit-for-tat sanctions, two U.S. sources said.
A leading U.S. House lawmaker on Tuesday called on Facebook Inc to halt development on its new cryptocurrency and for company executives to testify before Congress, adding to global concerns about what the digital currency could mean for data privacy and security.
U.S. House Financial Services Committee Chairwoman Maxine Waters said Tuesday that Facebook Inc should halt development of its announced cryptocurrency until Congress and regulators conduct a review.
Adobe Inc beat analysts' estimates for quarterly profit and revenue on Tuesday, driven by growth in its digital media business that houses its flagship product Creative Cloud, sending its shares up 4.6% after market.
Alphabet Inc's Google announced on Tuesday it would set aside $750 million in land and $250 million in financing to spur developers in the San Francisco Bay Area to build at least 20,000 homes and rehabilitate other housing over the next decade.
Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns.
Nissan Motor Co has plans to give multiple seats in its four proposed committees to alliance partner Renault SA's chief executive and chairman, Japan's Nikkei newspaper reported on Wednesday, citing sources.
PG&E Corp will pay $1 billion as part of its bankruptcy reorganization to more than a dozen local governments in California struck by wildfires in recent years, the company and lawyers for the governments said on Tuesday.
South Korea's biggest carrier Korean Air Lines said on Wednesday it has signed a memorandum of understanding to buy 30 Boeing planes for $9.67 billion.