 | | | | Ford Motor Co on Wednesday reported slightly higher-than-expected third-quarter profit and stuck to its targets for the year, raising investor hopes for a strong fourth quarter and sending its shares up 7 percent after hours. | | | | | | Wall Street stock indexes tumbled on Wednesday as spooked investors ran for safety on global economic and political worries while U.S. Treasuries prices climbed and the U.S. dollar surged. | | | | | | European planemaker Airbus SE is working to improve quality and slash costs on the production of its new A220 jet, company executives said on Wednesday, ahead of a gathering with suppliers this week in Montreal. | | | | | | U.S. home appliances group Whirlpool Corp reported a quarterly profit that beat analysts' estimates on Wednesday, boosted by price increases and higher sales in North America as consumers spend more on durable goods in a strong economy. | | | | | | Chipmaker Advanced Micro Devices Inc's quarterly revenue rose 4 percent, helped by higher sales of its processors and graphics chips used in computers and data centers. | | | | | | Tesla Inc made good on Chief Executive Officer Elon Musk's promise that it would turn a profit in the third quarter as it ramps up production of its Model 3 sedan, sending its shares up 7 percent in after-market trade. | | | | | | Visa Inc topped Wall Street estimates for quarterly profit on Wednesday, as the world's largest payments network benefited from higher credit- and debit-card spending in a strengthening U.S. economy. | | | | | | Microsoft Corp beat Wall Street estimates for revenue and profit in its first quarter on Wednesday, as more businesses signed up for its Azure cloud computing services and Office 365 software. | | | | | | U.S. stocks tumbled again on Wednesday, confirming a correction for the Nasdaq and erasing the Dow and S&P 500's gains for the year, as disappointing forecasts from chipmakers and weak home sales data fueled worries about economic and profit growth. | | | | | | New York's attorney general sued Exxon Mobil Corp on Wednesday, alleging that the world's largest oil company for years misled investors about the risks of climate change regulations on its business. | | | | | | Mick Mulvaney, the head of the U.S. Consumer Financial Protection Bureau (CFPB) on Wednesday fined a payday lender $200,000 for wrongly hounding borrowers but the penalty fell short of the $3 million his predecessor was seeking, said three sources familiar with the move. | | | | | |
