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Flight bookings to Hong Kong have fallen 10%, hit by the unrest in the city, said Alan Joyce, the chief executive of Australian carrier Qantas Airways.Airlinesread more
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These in-demand skills can command top pay packets, says Feon Ang of professional networking site LinkedIn.Get Aheadread more
The Washington governor had centered his campaign around climate change, calling it "the most urgent challenge of our time."Politicsread more
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Ford is one of four automakers that reached a voluntary agreement with California on fuel efficiency rules, defying Trump and his administration's effort to strip the state of...Autosread more
The company, which is the maker of Snapchat, said it is offering $1 billion in convertible senior notes, due on Aug. 1, 2026.
Snap said it will use the proceeds to cover operating expenses associated with running the business. It said the proceeds could also be used to "acquire complementary businesses, products, services, or technologies or for repurchases of Snap's common stock."
The stock finished down nearly 1% on Tuesday, a positive day for most tech stocks.
In a memo sent to employees last October, CEO Evan Spiegel detailed the company's goals to achieve profitability this year. Spiegel said it was a "stretch goal" to break even in the fourth quarter of 2018 and become profitable in 2019. The website Cheddar first reported the contents of the memo.
Snap recently reported second-quarter results that soared past analysts' estimates. The company posted a narrower-than-expected loss for the quarter and reported its second consecutive quarter of user growth.