Edition:
United Kingdom

Meredith Mazzilli

Twitter warns fake account purge to keep erasing users, shares drop 19 pct

27 Jul 2018

NEW YORK Twitter Inc on Friday said it lost 1 million monthly active users from the previous quarter and warned the closely watched figure could keep falling as it deletes more phony accounts, causing the biggest one-day decline in its shares since 2016. | Video

U.S. bank executives see delayed boost from tax overhaul

13 Apr 2018

NEW YORK Banks have not reaped the full benefit of U.S. tax cuts, Wall Street executives said on Friday after a string of quarterly results, with expected business growth and higher consumer spending yet to materialize. | Video

One killed in apartment fire at Trump Tower in New York

09 Apr 2018

NEW YORK One man was killed and six firefighters received minor injuries in an apartment fire on the 50th floor of Trump Tower in New York on Saturday, in a blaze that was quickly extinguished, fire officials said. | Video

Oscars draw smallest-ever U.S. television audience

05 Mar 2018

The Academy Awards attracted its smallest U.S. television audience ever on Sunday, according to Nielsen data reported by Walt Disney Co's ABC network, tracking a similar slide for other recent award shows and sports events.

Kohl's shares slide on rising expense concerns

01 Mar 2018

NEW YORK Kohl's Corp shares fell more than 6 percent on Thursday after the retailer forecast first-quarter earnings below Wall Street's expectations, partly due to higher costs, taking the shine off strong sales for the holiday shopping period.

Macy's shares jump at first sign of sales turnaround

27 Feb 2018

NEW YORK Macy's Inc on Tuesday said sales at established stores could mark their first annual gain in four years, pinning its hopes on a new loyalty program, more off-price selling and private-label brands. | Video

Blue Apron puts EBITDA breakeven on table for late 2018

13 Feb 2018

NEW YORK Blue Apron Holdings Inc said on Tuesday it could break even on a key measure of profitability earlier than Wall Street analysts had expected, fueling a brief surge in the meal-kit maker's shares. | Video

Wells Fargo sees no end yet to sales scandal costs, gets tax boost

13 Jan 2018

NEW YORK Wells Fargo & Co is not certain it has fully uncovered and fixed all problems related to a long-running sales scandal that has hurt the bank's reputation and sideswiped its efforts to cut costs, Chief Executive Tim Sloan said on Friday.

Wells Fargo sees no end yet to sales scandal costs, gets tax boost

12 Jan 2018

NEW YORK Wells Fargo & Co is not certain it has fully uncovered and fixed all problems related to a long-running sales scandal that has hurt the bank's reputation and sideswiped its efforts to cut costs, Chief Executive Tim Sloan said on Friday.

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