U.S. airlines flag high fuel costs, Southwest’s August bookings disappoint
(Reuters) – Southwest Airlines on Wednesday flagged softer August leisure bookings and joined two other U.S. airlines in warning of…
China bans government officials from using iPhones for work – WSJ
(Reuters) – China ordered officials at central government agencies not to use Apple (NASDAQ:AAPL)’s iPhones and other foreign-branded devices for…
Morgan Stanley still cautious on First Solar despite earnings profile being de-risked
Morgan Staley analysts raised First Solar (NASDAQ:FSLR) to Equal Weight from Underweight in a note Wednesday, with a price target…
Roku trims core loss forecast, plans to reduce 10% workforce
(Reuters) – Roku (NASDAQ:ROKU) on Wednesday trimmed its adjusted operating loss forecast for the third quarter and said it would…
Wall St slides on renewed inflation worries, economic data in focus
(Reuters) – Wall Street’s main indexes fell on Wednesday over concerns about sticky inflation as investors awaited the Federal Reserve’s…
Huawei’s new chip breakthrough likely to trigger closer US scrutiny -analysts
(Reuters) – Huawei Technologies’ breakthrough in making an advanced chip underscores China’s determination and capacity for fighting back against U.S.…
Asian banks tap US dollar bond markets for $4.75 billion
(Reuters) – At least two Asia Pacific banks, led by Commonwealth Bank and DBS Group (OTC:DBSDY), have aggressively tapped U.S…
FTC may file suit against Amazon later this month – WSJ
(Reuters) -The U.S. Federal Trade Commission may file a lawsuit later this month against Amazon.com (NASDAQ:AMZN) after the company did…
Elon Musk borrowed $1 billion from SpaceX in same month of Twitter deal – WSJ
(Reuters) – Elon Musk withdrew a loan of $1 billion from SpaceX – the two-decade-old rocket company run by the…
Apple inks new long-term deal with Arm for chip technology – filing
(Reuters) – Apple (NASDAQ:AAPL) has signed a new deal with Arm for chip technology that “extends beyond 2040,” according to…