(Reuters) – Apple Inc Chief Executive Tim Cook has committed to build three big manufacturing plants in the United States, the Wall Street Journal quoted U.S. President Donald Trump as saying.
NEW YORK (Reuters) – AT&T Inc’s quarterly profit topped Wall Street estimates on Tuesday as the No. 2 U.S. wireless carrier introduced new promotions bundling video with phone service that helped to attract new customers.
LOS ANGELES (Reuters) – Chipotle Mexican Grill Inc’s profit more than doubled on stronger sales, fewer giveaways and lower labor costs as the burrito seller tries to win back customers after food safety lapses tarnished its brand.
NEW YORK (Reuters) – As Facebook Inc geared up to report second-quarter results on Wednesday, traders in the options market are exhibiting a greater degree of bullishness in more than a year, options data showed.
BERLIN (Reuters) – BMW has suspended talks with Daimler on future cooperation projects after its rival disclosed alleged collusion among German carmakers to cartel authorities, Sueddeutsche Zeitung reported on Tuesday, citing industry sources.
SAN FRANCISCO (Reuters) – Silicon Valley baron Elon Musk insulted rival billionaire Mark Zuckerberg on Tuesday, escalating a tech wizard war of words over whether robots will become smart enough to kill their human creators.
WASHINGTON (Reuters) – U.S consumer confidence jumped to a near 16-year high in July amid optimism over the labor market while house prices maintained their upward trend in May, which could boost consumer spending after recent sluggishness.
FRANKFURT/HAMBURG (Reuters) – Daimler’s supervisory board will meet on Wednesday to discuss allegations that German carmakers were involved in anti-competitive behavior, sources familiar with the matter said.
(Reuters) – A Volkswagen AG executive charged in the automaker’s diesel emissions scandal plans to plead guilty on Aug. 4 in U.S. District Court in Detroit, a court spokesman said on Tuesday.
NEW YORK (Reuters) – Strong earnings boosted U.S. stocks on Tuesday, driving the S&P 500 to a record high while also sending a popular options-based gauge of expected price volatility down to a more than 23-year low.