Home Depot same-store sales misses on wet weather, lumber prices

Home Depot Inc reported its slowest growth in quarterly same-store sales in at least three years on Tuesday, missing Wall Street estimates, as the home improvement chain was hurt by wet weather in ...

Trump's Huawei ban raises hopes for Chinese chip suppliers

Washington's blacklisting of technology giant Huawei has taken a toll on U.S. semiconductor shares, but China-listed firms have rallied as investors bet they can gain from Beijing's stepped-up effo...

J.C. Penney posts worse-than-expected drop in same-store sales, share drop

J.C. Penney Co Inc reported a steeper-than-expected fall in quarterly comparable-store sales on Tuesday, taking a hit from not selling major appliances and in-store furniture, sending its shares do...

U.S. eases curbs on Huawei; founder says clampdown underestimates Chinese firm

The United States has temporarily eased trade restrictions on China's Huawei to minimize disruption for its customers, a move the founder of the world's largest telecoms equipment maker said meant ...

Huawei accuses U.S. of bullying, says working with Google to counter ban

Chinese telecoms equipment maker Huawei called itself the victim of U.S. "bullying" on Tuesday and said it was working with Google to counter trade restrictions imposed by Washington last week, a s...

Tesla stock worth just $10 in worst case: Morgan Stanley

Further falls in Tesla Inc's share price increase its chances of being sold in the years ahead, Morgan Stanley analysts said on Tuesday, as they slashed their worse-case scenario for the electric c...

Kohl's cuts profit forecast after weak first quarter, shares fall 10%

Kohl's Corp slashed full-year profit forecast after the department store operator missed Wall Street estimates for quarterly same-store sales and profit on Tuesday, sending its shares down over 10%...

Bayer hires law firm to probe Monsanto data collection

Bayer on Tuesday hired law firm Sidley Austin to investigate a Europe-wide data collection scheme run by its Monsanto unit, which targeted journalists, politicians and other stakeholders to influen...

Merck to buy cancer drug developer Peloton for $1.05 billion in cash

Merck & Co Inc said on Tuesday it would buy Peloton Therapeutics Inc for $1.05 billion in cash to gain access to the privately held company's renal cancer drug candidate. ...

France to push ahead with 5G launch in 2020 despite Huawei woes

France will launch the deployment of its 5G network as planned in 2020 despite current difficulties faced by China's Huawei which could push some telecoms operators to modify their source of supply...