AT&T revenue misses estimates as customers keep phones longer AT&T Inc's (T.N) quarterly revenue missed estimates due to lower equipment sales as customers held onto phones longer and rival wireless carriers offered new promotions on unlimited data plans, the No. 2 U.S. wireless carrier said on Tuesday. It said it […]
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Asian stocks hover near two-year highs on U.S. optimism, euro steady Asian stocks extended gains for a fifth consecutive day on Wednesday, as renewed optimism about the world's biggest economy brightened the outlook for risk assets while the euro held on to previous gains as political concerns in France ebbed. […]
Tyson Foods eyes higher wages as U.S. labor market tightens Tyson Foods Inc (TSN.N), the biggest U.S. chicken company, said on Wednesday it may raise wages again for workers at all of its poultry plants, a sign of an intensifying battle for employees in a tightening labor market. The increases […]
U.S. judge blocks Trump order to restrict funding for sanctuary cities A U.S. judge on Tuesday blocked President Donald Trump's executive order that sought to withhold federal funds from so-called sanctuary cities, dealing another legal blow to the administration's efforts to toughen immigration enforcement. The ruling from U.S. District Judge […]
Trump tax plan will sharply slash corporate tax rates U.S. President Donald Trump is proposing to slash the corporate income tax rate and offer multinational businesses a steep tax break on overseas profits brought into the United States, officials said late on Tuesday. With financial markets eagerly anticipating a White […]
U.S. moves THAAD anti missile to South Korean site, sparking protests The U.S. military started moving parts of its controversial THAAD anti-missile defense system to a deployment site in South Korea on Wednesday amid high tensions over North Korea's missile and nuclear programs. The earlier-than-expected move prompted protests by hundreds […]
Trump administration to review dozens of U.S. national monuments U.S. President Donald Trump on Wednesday will order a review of national monuments created over the past 20 years with an aim toward rescinding or resizing some of them – part of a broader push to reopen areas to drilling, mining […]
Eighth time lucky NASA launches super balloon to collect near space data A stadium-sized pressure balloon launched by NASA in New Zealand began collecting data in near space on Wednesday, beginning a 100-day planned journey after several launch attempts were thwarted by storms and cyclones. The balloon, designed by the […]
Trump expected to order study of federal role in education President Trump is expected to sign an executive order Wednesday that would require Education Secretary Betsy DeVos to study how the federal government “has unlawfully overstepped state and local control,” according to a White House official. Trump has repeatedly pledged […]
For Wells Fargo directors, narrow wins may not be enough A shareholder vote scheduled for Tuesday could throw Wells Fargo & Co's (WFC.N) leadership into question if many directors, criticized for their slow response to the bank's phony-account scandal, fail to win solid majorities. A dozen of the 15 directors […]
