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NEW YORK: Financial shares led U.S. stocks lower on Tuesday to end a three-day rally as investors awaited comments from Federal Reserve Chair Jerome Powell at the end of the week.
San Francisco: Apple Inc plans to roll out the Apple TV+ movie and TV subscription service by November, part of a drive to reach US$50bil in service sales by 2020
NEW YORK/SAN FRANCISCO: Alphabet Inc's Google has shut down a service it provided to wireless carriers globally that showed them weak spots in their network coverage, people familiar with the matter told Reuters, because of Google's concerns that sharing data from users of its Android phone system might attract the scrutiny of users and regulators.
Lack of direction and communication rankle Fox personnel; Disney complains about the poor box office of its newly acquired studio
NEW YORK: U.S. stocks dropped in a broad sell-off on Monday as simmering geopolitical tensions spooked equity investors and drove a bond market rally while the protracted U.S.-China trade war stoked fears of impending recession.
WHEN Indian diners order biryani online from Rebel Foods, they’re greeted with a culinary history of the fragrant, slow-cooked rice dish.
NEW YORK: The S&P 500 recovered from steep early losses to end slightly higher on Wednesday as investors snapped up oversold shares and bond yields rebounded from significant lows that raised fears about a recession.
PARIS: Vivendi is in talks to sell a 10% stake in its prized and lucrative Universal Music Group (UMG) to Chinese tech group Tencent, the French media conglomerate said
SAN FRANCISCO: Quarterly reports this week from Walt Disney Co, CBS and Viacom will likely highlight increasing competition in video streaming and could spark volatility in the so-called communication services sector, which has outperformed since it was overhauled last year.