 | | | | Tesla Inc eked out a small quarterly profit on Wednesday and predicted it would be profitable every quarter this year, but acknowledged that the erosion of a federal tax credit in 2019 would cut into sales of its vehicles, disappointing investors. | | | | | | Facebook Inc on Wednesday reported its slowest quarterly revenue growth in more than six years as a public company but easily beat Wall Street's profit estimates, soothing investor concerns that rising costs would blunt growth. | | | | | | Foxconn Technology Group is reconsidering plans to make advanced liquid crystal display panels at a $10 billion Wisconsin campus, and said it intends to hire mostly engineers and researchers rather than the manufacturing workforce the project originally promised. | | | | | | The United States and China opened a pivotal round of high-level talks on Wednesday aimed at digging out from their months-long trade war amid deep differences over Chinese practices on intellectual property and technology transfer. | | | | | | The dollar slid and equities surged on Wednesday, fueled by Boeing and Apple's results and extended after the Federal Reserve pledged to be patient with future interest rate hikes, a change in tone that stock investors interpreted as a buy signal. | | | | | | Visa Inc beat Wall Street estimates for quarterly profit on Wednesday, as the payments network processed more transactions on the back of higher consumer spending in the holiday season. | | | | | | The U.S. Federal Reserve on Wednesday held interest rates steady and, in a formal policy shift, vowed to be patient in further lifting borrowing costs, the clearest signal yet the tightening cycle it began in 2015 may have ended. | | | | | | Microsoft Corp's Azure cloud computing platform grew at a slower pace in the December quarter compared with a year earlier, sending shares of the software giant nearly 3 percent lower in after-hours trade on Wednesday. | | | | | | U.S. stocks surged on Wednesday after the Federal Reserve said it would be patient in lifting borrowing costs further this year, reassuring investors worried about a slowing economy. | | | | | | Apple Inc said on Wednesday it had banned Facebook Inc from a program designed to let businesses control iPhones used by their employees, saying the social networking company had improperly used it to track the web-browsing habits of teenagers. | | | | | | New York's new Attorney General Letitia James and Governor Andrew Cuomo on Wednesday announced an investigation into Apple Inc's failure to warn consumers about a FaceTime bug that lets iPhones users listen to conversations of others who have not yet accepted a video call. | | | | | |
