Google has suspended business activity involving the transfer of hardware, software and key technical services with Huawei. Analysts say that could be a big blow to the...Technologyread more
Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Huawei claims it has developed its own operating system for smartphones and laptops for "extenuating circumstances."Technologyread more
Current geopolitical tensions are making it harder and harder for oil-producing nations to make decisions that will help stabilize crude prices, Russian Energy Minister...Oilread more
Oil prices jumped on Monday after Saudi Energy Minister Khalid al-Falih indicated there was a consensus among OPEC and allied oil producers to continue limiting supply.Energyread more
Bank, property and healthcare stocks jumped, pushing Australian markets to a 11-year high, as Scott Morrison and the Liberal-led conservation government are poised for a...World Marketsread more
Trump's threat, posted on Twitter, comes amid rising international tensions in the Middle East as the U.S. has dispatched a carrier strike group and bomber task force to the...Politicsread more
Prime Minister Narendra Modi and his Bharatiya Janata Party are set to form the new government again, exit polls from India's month-long parliamentary elections show. But past...Electionsread more
The latest crisis in the uneasy French-German relationship was accelerated by Trump's decision to stop Germany's comfortable and decades-old free-riding on trade and security...Europe Politicsread more
While some fans of the long-running "Game of Thrones" felt satisfied by the show's final bow, others were quick to express their displeasure with how events unfolded.Entertainmentread more
Stocks in Asia were mixed on Monday amid a series of geopolitical developments across the region.Asia Marketsread more
Check out the companies making headlines midday Wednesday:
Capri Holdings — Shares of the company that owns Michael Kors, Versace and Jimmy Choo jumped 11.3 percent for the day after the company reported earnings that beat expectations. Capri Holdings also said Jimmy Choo and Versace sales were strong.
Skyworks Solutions — Shares of the Apple chips supplier surged more than 11 percent after reporting quarterly earnings per share that easily beat expectations. Skyworks also said it would repurchase $2 billion in stock.
ING — The Dutch financial group gained 5.2 percent after the company reported better-than-expected pretax earnings Wednesday. ING cited rising interest income, commissions and fees as key tailwinds in the quarter.
Electronic Arts, Take-Two Interactive, Activision Blizzard —Electronic Arts fell more than 13 percent, leading lower other major video-game stocks like Take-Two Interactive and Activision Blizzard. EA reported weaker-than-expected sales for the previous quarter, citing "intense competition. " Take-Two also reported earnings and fell 13.7 percent. Activision Blizzard dropped 10.3 percent.
Plantronics — Shares of the electronics company jumped 19.6 percent Wednesday after the company exceeded Wall Street's expectations for the fourth quarter. Plantronics beat earnings per share estimates by 17 cents.
Shutterfly — Shutterfly shares fell 2.8 percent after the company reported mixed earnings and lowered its profit and sales guidance for the first quarter. The digital photo service also announced CEO Christopher North will leave the company in August.
Snap — Snap shares rose 22 percent on better-than-expected fourth-quarter results. Analysts expected a lossof 7 cents per share, but the company reported a loss of only 4 cents. The tech company also successfully maintained 186 million daily active users for the second consecutive quarter. Average revenue per user, a key metric for the social media company, was also above estimates.
General Motors —The automaker's stock climbed more than 1 percent after the company reported adjusted earnings per share of $1.43 for the fourth quarter, topping an estimate of $1.22. GM's revenue also surpassed analyst expectations.