Tesla Inc shares soared 17% on Thursday after the electric carmaker surprised Wall Street by delivering on Chief Executive Officer Elon Musk's promise of a profit in the third quarter, even as doubts remained about its long-term prospects.
Pharmacy retailer CVS Health Corp said on Thursday it is pulling out 22 ounce bottles of Johnson & Johnson's baby powder from its stores and online as a precautionary measure.
Two former Deutsche Bank AG traders will serve no prison time for conspiring to manipulate the Libor benchmark interest rate between 2005 and 2011, a federal judge ruled on Thursday, sharply criticizing U.S. prosecutors for treating the two men as "proxy wrongdoers" for a much larger scheme.
American Airlines Group Inc and Southwest Airlines Co posted quarterly profit increases on Thursday thanks to strong U.S. travel demand even as the two carriers pointed to a rising cost impact from the continued grounding of the Boeing 737 MAX.
The benchmark S&P 500 edged higher on Thursday as strong results from Microsoft Corp and PayPal Holdings Inc offset dour results from 3M Co and Twitter Inc .
The pound pared losses against the dollar on Thursday in the wake of British Prime Minister Boris Johnson's call for a Dec. 12 election to break the country's deadlock over its exit from the European Union, while global stock markets edged up.
A Massachusetts judge on Thursday gave the state's attorney general the greenlight to sue Exxon Mobil Corp "ASAP" over allegations it concealed from investors and consumers its knowledge of the role fossil fuels play in climate change.
A top Democratic senator on Thursday questioned whether President Donald Trump interfered with a criminal investigation of Turkey's Halkbank, which has been accused of conspiring to evade U.S. sanctions against Iran.
Idaho-based memory chipmaker Micron Technology on Thursday challenged rival Intel Corp with a new line of hard drives aimed at data centers, just as the two companies are on the cusp of formally ending a joint venture of more than a decade that developed the technology.
Kering's Gucci brand and Italian jacket maker Moncler joined other luxury labels on Thursday in easing fears of a major third quarter sales hit from protests in Hong Kong, as they benefited from brisk business across the rest of Asia.
Twitter fumbled how it handles advertising in the third quarter, sending the company’s stock down nearly 20%. As Robert Cyran explains, the service has a habit of disappointing investors, calling its ability to fix its business into question.
Outgoing European Central Bank chief Mario Draghi took his last policy meeting on Thursday. Critics says his eight-year tenure closes in exactly the same place he started: trying to prop up a perpetually ailing currency bloc. David Pollard reports.
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