China's Tencent Music Entertainment Group missed Wall Street estimates for quarterly revenue on Monday, sending shares of the music streaming company down 11per cent in extended trading.
Yum Brands Inc on Monday named company veteran David Gibbs as its chief executive officer, succeeding Greg Creed, who will be retiring at the end of the year.
China's Tencent Music Entertainment Group missed Wall Street estimates for quarterly revenue on Monday, sending shares of the music streaming company down 11per cent in extended trading.
NEW YORK: Wall Street stocks finished a bruising session sharply lower on Monday (Aug 12) as worries about slowing growth and the protracted US-China trade war hit banking shares and the broader market. Adding to the dim prospects for a US-China trade deal and a steep drop in US Treasury...
Two U.S. senators asked Amazon.com Inc Chief Executive Jeff Bezos on Monday how the "Amazon's Choice" badge on certain products is determined and whether the mark deceives consumers into purchasing "products of inferior quality."
Verizon Communications Inc said on Monday it would sell its blogging website Tumblr to Automattic Inc, the owner of popular online-publishing tool WordPress.com.
Occidental Petroleum Corp expects to quickly reduce the US$40 billion in debt it took on with its purchase of Anadarko Petroleum, the company's finance chief said on Monday.
Morgan Stanley analysts said on Monday that they now expect the U.S. Federal Reserve to cut rates in September and then again in October.
Colombia's commerce regulator said on Monday it would fine ride-hailing company Uber Technologies Inc more than US$629,000 for obstructing a regulatory visit in 2017.
U.S. Transportation Secretary Elaine Chao said on Monday she has asked the new head of the Federal Aviation Administration (FAA) to assess the agency's performance in the wake of two fatal crashes of Boeing Co's 737 MAX planes since October.
