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U.S. slams Russia's offer of citizenship to east Ukraine residents

April 24, 2019 - 7:51pm
The United States condemned on Wednesday Russian President Vladimir Putin's order simplifying the procedure for obtaining a Russian passport for residents of separatist-controlled eastern Ukraine.
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Tesla solar installations slide 36 percent in first quarter

April 24, 2019 - 7:43pm
Tesla Inc on Wednesday reported a 36 percent slide in solar installations and said it had implemented a new selling strategy months after ending a partnership to sell the rooftop systems in busy Home Depot stores.
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House panel chair accuses Trump of 'massive, unprecedented' obstruction

April 24, 2019 - 7:12pm
The Democratic chairman of the U.S. House Oversight Committee on Wednesday accused President Donald Trump of a "massive, unprecedented, and growing pattern of obstruction" after he ordered federal employees not to comply with congressional investigations.
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Microsoft tops $1 trillion as it predicts more cloud growth

April 24, 2019 - 7:11pm
Microsoft Corp on Wednesday briefly topped $1 trillion in value for the first time after executives predicted continued growth for its cloud computing business.
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New Trump immigration plan may increase visas for highly-skilled workers

April 24, 2019 - 6:59pm
A merit-based immigration proposal being put together by White House senior adviser Jared Kushner could lead to an increase in U.S. visas for highly skilled workers, sources familiar with the effort said on Wednesday.
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U.S. measles cases at highest since elimination in 2000: CDC

April 24, 2019 - 6:57pm
The United States has confirmed 695 measles cases so far this year, the highest incidence recorded since the country declared it had eliminated the virus in 2000, the U.S. Centers for Disease Control and Prevention said on Wednesday.
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Trump says he is holding big Pharma accountable in opioid fight

April 24, 2019 - 6:44pm
U.S. President Donald Trump touted progress in the fight against opioid abuse on Wednesday and promised to hold drugmakers accountable for their part in the crisis, a day after his administration brought its first related criminal charges against a major drug distributor and company executives.
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Exclusive: Iran's Zarif believes Trump does not want war, but could be lured into conflict

April 24, 2019 - 6:39pm
Iranian Foreign Minister Mohammad Javad Zarif does not believe U.S. President Donald Trump wants war with Iran, but he told Reuters on Wednesday that Trump could be lured into a conflict.
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Tesla promises return to profit in third quarter after large loss, may raise more capital

April 24, 2019 - 6:35pm
Tesla Inc lost $700 million in the first quarter but predicted it would return to profit in the third quarter as it cuts costs and improves delivery after facing issues ramping up shipments outside the United States.
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U.S.'s Pompeo says 'every indication' Islamic State inspired Sri Lanka attacks: CBS

April 24, 2019 - 6:12pm
U.S. Secretary of State Mike Pompeo said in a television interview on Wednesday there was "every indication" that Sunday's bomb attacks in Sri Lanka that killed 359 people were inspired by Islamic State.
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Spurned by Washington, North Korea's Kim seeks a friend in Putin

April 24, 2019 - 5:51pm
North Korean leader Kim Jong Un will meet Russian President Vladimir Putin on Thursday at a summit designed to show that Washington is not the only power able to set the agenda on Pyongyang's nuclear program.
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Facebook beats profit estimates, sets aside $3 billion for privacy penalty

April 24, 2019 - 5:35pm
Facebook Inc on Wednesday blew away Wall Street profit estimates in the first quarter as it kept a lid on the costs of making its social networks safer, and set aside $3 billion to cover a settlement with U.S. regulators, calming investors who had worried about the outcome of a months-long federal probe.
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Microsoft gets a boost from Windows as cloud stays on track

April 24, 2019 - 5:32pm
Microsoft Corp beat Wall Street estimates for quarterly profit and revenue on Wednesday, powered by a surprise boost in Windows revenue and as growth in its cloud business stayed on track.
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Tesla reports first-quarter losses, more to come

April 24, 2019 - 5:25pm
Tesla Inc on Wednesday reported a $700 million loss for the first quarter and said it would also lose money in the second as it struggled to deliver cars to customers and launched a cheaper version of its Model 3 sedan.
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Trump vows to resist Democratic probes; 'We're fighting all the subpoenas'

April 24, 2019 - 4:41pm
U.S. President Donald Trump vowed on Wednesday to resist every subpoena from congressional Democrats investigating his administration, promising an all-out legal war and drawing complaints of unprecedented obstruction from Democrats.
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Microsoft profit, revenue beat estimates on cloud growth

April 24, 2019 - 4:34pm
Microsoft Corp beat Wall Street estimates for quarterly profit and revenue on Wednesday, powered by adoption of its Azure cloud computing service and the subscription version of its Office software.
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Facebook revenue jumps as U.S. privacy penalty looms

April 24, 2019 - 4:31pm
Facebook Inc beat analysts' estimates for quarterly revenue on Wednesday, aided by growth in its Instagram business and a surge in advertising sales, while also setting aside up to $5 billion to cover anticipated official U.S. privacy penalties.
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Wall Street edges lower, energy stocks fall

April 24, 2019 - 4:26pm
The S&P 500 slipped on Wednesday after ending the previous session with a record and the Nasdaq failed to hold all-time highs reached earlier in the day while investors waited for more earnings reports.
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Boeing abandons outlook, takes $1 billion cost hit in MAX crisis

April 24, 2019 - 4:10pm
Boeing Co on Wednesday abandoned its 2019 financial outlook, halted share buybacks and said lowered production due to the grounding of its fastest-selling 737 MAX jet after two fatal plane crashes in five months had cost it at least $1 billion so far.
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Kim's right-hand man sidelined after North Korea-U.S. talks failed: South Korea lawmaker

April 24, 2019 - 4:04pm
North Korea has replaced Kim Jong Un's right-hand man who steered nuclear talks with the United States, apparently blaming him for a failed summit between the two countries, a South Korean lawmaker said on Wednesday.
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