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Facebook Shares Tumble as Growth Outlook Darkens

Facebook Shares Tumble as Growth Outlook Darkens

Facebook reported slower-than-expected revenue growth in the second quarter, indicating the social-media site felt some effects from recent controversies.

Published 3 months ago

Quant hedge funds lose their allure as performance sags

Quant hedge funds lose their allure as performance sags

Inflows into computer-powered quant funds are running at their slowest pace since 2009

Published 1 second ago

Shell Kicks Off Big Oil Earnings With Growth Spurt

Shell Kicks Off Big Oil Earnings With Growth Spurt

The world’s biggest oil companies are on a winning streak of rising profits and soaring cash flow. Royal Dutch Shell nearly tripling its net profit in the second quarter from a year earlier.

Published 3 months ago

Bud Loses More Drinkers in the U.S.

Bud Loses More Drinkers in the U.S.

Anheuser-Busch InBev reported higher profit helped by lower costs in the second quarter, but the world’s largest brewer continued to struggle in its quest to woo increasingly fickle American drinkers.

Published 3 months ago

Facebook Shares Tumble as Growth Outlook Darkens

Facebook Shares Tumble as Growth Outlook Darkens

Facebook reported slower-than-expected revenue growth in the second quarter, indicating the social-media site felt some effects from recent controversies.

Published 3 months ago

Bomb Explodes Near U.S. Embassy in Beijing

Bomb Explodes Near U.S. Embassy in Beijing

A person exploded a bomb just outside the U.S. Embassy in Beijing on Thursday, leaving the bomber injured but no others, the embassy said.

Published 3 months ago

President Trump’s Next Meeting With Putin Won’t Take Place Until Next Year, White House Says

President Trump’s Next Meeting With Putin Won’t Take Place Until Next Year, White House Says

The president won’t hold another official bilateral meeting with Vladimir Putin until next year, the White House said, citing the investigation into Russian interference in the 2016 election.

Published 3 months ago

Trump House Allies Move to Impeach Rosenstein

Trump House Allies Move to Impeach Rosenstein

House conservatives Wednesday night took the first step toward removing Deputy Attorney General Rod Rosenstein from office, marking a dramatic escalation in a dispute over lawmakers’ requests for information about the government’s most politically charged probes

Published 3 months ago

Bomb explodes near US embassy in Beijing

Bomb explodes near US embassy in Beijing

Apparent attacker injured but no others hurt in incident, authorities say

Published 1 second ago

Bomb Explodes Near U.S. Embassy in Beijing

Bomb Explodes Near U.S. Embassy in Beijing

No one was injured except for the person who detonated the bomb, the U.S. Embassy says.

Published 3 months ago

Qualcomm Plans to Abandon NXP Deal Amid U.S.-China Tensions

Qualcomm Plans to Abandon NXP Deal Amid U.S.-China Tensions

Qualcomm said it plans to scrap its $44 billion purchase of Dutch chip maker NXP after failing to secure approval in China, making the deal one of the most prominent victims of spiraling U.S.-China trade tensions.

Published 3 months ago

Facebook Shares Tumble as Growth Outlook Darkens

Facebook Shares Tumble as Growth Outlook Darkens

Facebook reported slower-than-expected revenue growth in the second quarter, indicating the social-media site felt some effects from recent controversies.

Published 3 months ago

Shell Launches $25 Billion Share Buyback as Profit Soars

Shell Launches $25 Billion Share Buyback as Profit Soars

Royal Dutch Shell launched a hotly anticipated $25 billion share buyback program as the company’s earnings nearly tripled in the second quarter.

Published 3 months ago

National Enquirer’s Yearslong Dealings With Trump Lawyer Fall Under Federal Scrutiny

National Enquirer’s Yearslong Dealings With Trump Lawyer Fall Under Federal Scrutiny

Michael Cohen and the tabloid publisher traded favors over many years, including helping mediate a lawsuit threat by former “Apprentice” star Omarosa Manigault-Newman and tackling emerging stories potentially unfavorable to the president. Authorities are trying to determine whether the publisher and Mr. Trump’s team violated campaign-finance laws.

Published 3 months ago

President Trump’s Next Meeting With Putin Won’t Take Place Until Next Year, White House Says

President Trump’s Next Meeting With Putin Won’t Take Place Until Next Year, White House Says

The president won’t hold another official bilateral meeting with Vladimir Putin until next year, the White House said, citing the investigation into Russian interference in the 2016 election.

Published 3 months ago