Broadcom Posts Better Margins, Revenue
said Thursday its margins and revenue improved in the latest period, even as demand remains sluggish amid U.S.-China trade tensions along with export restrictions to Huawei Technologies Co.
GE Chief Says Assets Sales Will Reap $38 Billion
CEO Larry Culp sees stronger demand at the company's power division but warns interest rates will boost pension obligations by $7 billion.
Verizon Ventures Prepares for 5G Startup Wave
As wireless carriers begin rolling out next-generation 5G network technology and as 5G-enabled smartphones reach consumers, some investors are readying for a boom in new startups.
United Auto Workers Official Charged in Widening Federal Probe
Vance Pearson, director of the UAW's Region 5 office in Missouri, was charged in a widening federal investigation into corruption within the UAW's top ranks. He is the tenth person charged in the yearslong probe.
Oracle's Slightly Cloudier Future
The software giant's shift in leadership comes just as Wall Street is looking for refreshed growth.
Groupon Shares Slide as Investors Fret Over Possible Yelp Deal
Investors aren't buying into Groupon's plans to reverse its yearslong slump by making a splashy deal.
Google Subpoenaed for Details on Its Ad Business
The subpoena includes more than 200 questions and demands for records. Many of the questions appear designed to solicit evidence that Google engaged in anticompetitive conduct in building up its powerful position.
Old Navy Plans to Open 800 More Stores
Gap's Old Navy brand plans to open hundreds of stores as it prepares to split from its parent company at a time when slower sales and online rivals are challenging many bricks-and-mortar chains.
Google Pays More Than $1 Billion to Settle French Tax Cases
The Alphabet subsidiary is paying more than $1 billion in fines and back taxes to settle a pair of tax disputes in France, where it has faced a number of investigations over the yers.
Kroger's Sales Rise after Digital Investments
Kroger Co. reported slightly higher sales in its latest quarter after recent investments in online ordering and other efforts to draw in new customers.