Tuesday, 10 September 2019

Baker Hughes says GE's presence on its board to shrink

Baker Hughes says GE's presence on its board to shrink

Baker Hughes said on Tuesday it would repurchase $250 million worth of its stock from General Electric Co and the industrial conglomerate's presence in the oilfield services company's board would shrink to one from five.

Wall Street mixed as investors flee growth for value

The S&P 500 ended little changed on Tuesday, with a rally in energy and industrial shares countering a drop in the technology and real estate sectors as investors favored value over growth.

Bond yields up, stocks flat on shifting ECB views

Bond yields climbed and a gauge of world stock markets recovered from previous lows to trade flat on Tuesday, as uncertainty grew over the mix of stimulus the European Central Bank will add to boost a slumping economy this week amid fresh signs global growth was slowing.

Ahead of election year, more Americans lack health insurance, incomes stall

The share of Americans without health insurance rose for the first time in a decade last year and U.S. household income hardly budged, according to a government report on Tuesday that laid bare issues that could be central to the U.S. presidential election next year.

Apple reveals triple-camera iPhone; $5 monthly streaming TV undercuts Disney

Apple Inc on Tuesday revealed a triple-camera iPhone, matching a feature rivals already have, and rolled out a streaming TV service priced to undercut Disney and Netflix.

Apple leans on devices business in global battle against Disney, Netflix

Apple Inc , the company that transformed the music, mobile and personal computing industries, is relying on the ubiquity of its iPhones and iPads to take on Disney and Netflix in the battle for streaming TV customers.

Factbox: Apple's streaming TV service to cost $4.99/month; unveils new iPhones

Apple Inc on Tuesday launched a new streaming TV service, which will showcase original shows at a monthly price of $4.99, and unveiled three iPhone models featuring new camera systems.

Women gained in income and jobs in 2018, U.S. Census data shows

Women are landing more full-time jobs, bringing in bigger paychecks and rising out of poverty, according to U.S. Census data released on Tuesday.

White House adviser plays down expectations for U.S.-China talks

A senior White House adviser tamped down expectations on Tuesday for the next rounds of U.S.-China trade talks, urging investors, businesses and the public to be patient about resolving the two-year trade dispute between the world's two largest economies.

JPMorgan Chase lowers 2019 outlook for net interest income to $57 billion

JPMorgan Chase & Co lowered its outlook for 2019 net interest income by about $500 million on Tuesday, following similar moves by rival big banks Wells Fargo & Co and Citigroup Inc .

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