Financial News

Associated Press Business

  • Twitter is profitable again in 1st quarter, grows overseas April 25, 2018
    SAN FRANCISCO (AP) — Twitter is reporting its second profitable quarter with very strong profit and revenue numbers, sending shares up sharply in premarket trading.
    The Associated Press
  • Comcast challenges Murdoch with rival bid for UK-based Sky April 25, 2018
    LONDON (AP) — U.S. media conglomerate Comcast has made a 22 billion pound ($30 billion) bid for London-based pay TV operator Sky in move that threatens a rival bid by Rupert Murdoch.
    The Associated Press
  • China says it welcomes visit by US officials amid trade spat April 25, 2018
    BEIJING (AP) — China's foreign ministry said Wednesday that it welcomes a planned visit by U.S. Treasury Secretary Steve Mnuchin to Beijing next week amid trade tensions between the world's two largest economies.
    The Associated Press
  • EPA security chief also worked for owner of tabloid company April 25, 2018
    WASHINGTON (AP) — The security chief for the head of the Environmental Protection Agency worked on the side as a private investigator for the owner of a tabloid news company with close ties to President Donald Trump.
    The Associated Press
  • Cambridge Analytica fights back on data scandal April 24, 2018
    LONDON (AP) — Cambridge Analytica unleashed its counterattack against claims that it misused data from millions of Facebook accounts, saying Tuesday it is the victim of misunderstandings and inaccurate reporting that portrays the company as the evil villain in a James Bond movie.
    The Associated Press

CNBC Finance


  • Rolls-Royce, Airbus to collaborate on new UltraFan engine April 25, 2018
    LONDON (Reuters) - Rolls-Royce and Airbus have signed a deal to collaborate on development of the UltraFan, a new engine that is intended to 25 percent more fuel efficient than the earliest version of the Trent engine, the British company said on Wednesday.
  • Twitter beats estimates as growth moves overseas; shares jump April 25, 2018
    (Reuters) - Twitter Inc reported its second profitable quarter on Wednesday and topped Wall Street estimates for revenue and monthly active users, as advertisers in Asia and other markets outside the United States embraced Twitter's video ads.
  • Porsche appeals against seizure of files in emissions raid April 25, 2018
    BERLIN (Reuters) - Porsche has appealed against the seizure of files by prosecutors during a raid last week on the sports car brand's premises related to inquiries into emissions manipulations, prosecutors said.
  • Shire bid marks Takeda's latest - and biggest - push for global status April 25, 2018
    TOKYO (Reuters) - Takeda Pharmaceutical Co Ltd's $64 billion bid for London-listed rare disease specialist Shire Plc bolsters its credentials as Japan's most outward facing drugs firm, a mould-breaking image that has been more than a decade in the making.
  • World stocks move toward longest losing streak of the year April 25, 2018
    LONDON (Reuters) - World shares were on their longest losing streak of the year on Wednesday, as a rise in U.S. bond yields above 3 percent and warnings from top global firms about rising costs fed fears a boom in earnings may have peaked.

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