 | | | | Verizon Communications Inc is cutting about 7 percent, or about 800 jobs, at its media unit, it said on Wednesday. | | | | | | Stocks oscillated between positive and negative territory on Wednesday as worries over U.S. politics, global economic growth and trade tensions offset a boost from quarterly earnings reports. | | | | | | Facebook Inc will make changes to better prevent users who have had their organization's pages removed for violating its rules from using duplicate pages to continue the same activity, it said on Wednesday. | | | | | | A corner of the market for initial public offerings is evading the freeze on stock market flotations inflicted by the U.S. government shutdown, putting the spotlight on listings that usually stay under most investors' radar. | | | | | | Amazon.com Inc spent $14.19 million on lobbying the U.S. government in 2018, according to a regulatory filing, beating its year-ago record, as large U.S. technology companies pushed back on issues such as privacy, immigration and new tariffs. | | | | | | From centre-stage in Davos last year, President Donald Trump told the world's corporate bosses that America is a great place to invest. It hasn't quite turned out that way. | | | | | | Wall Street struggled for direction on Wednesday, as early gains driven by a spate of upbeat earnings were offset by concerns about a potential economic downturn, trade tensions and longest government shutdown in U.S. history. | | | | | | Procter & Gamble Co raised its sales forecast for the year on Wednesday after quarterly results topped Wall Street expectations, boosted by price hikes and strong demand for premium fabric and skin care products. | | | | | | New Zealand's prime minister has assured Chinese telecoms equipment group Huawei Technologies Co Ltd of even-handed treatment after the small U.S. ally blocked the sale of some Huawei equipment citing national security concerns. | | | | | | Potential U.S. sanctions on Venezuela's crude oil exports would cut off the nation from Gulf Coast refiners that are among its biggest customers, likely forcing it to send more crude to China, India or other Asian countries, traders said on Wednesday. | | | | | |
