Whirlpool counters tariff hit with price hikes, shares surgeU.S. home appliances maker Whirlpool was able to counter costs arising from trade tariffs by raising prices, helping it beat Wall Street estimates for quarterly profit and driving its shares 7 percent higher on Wednesday.
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Nasdaq confirms correction while S&P 500 and Dow erase 2018 gainsU.S. stocks plunged again on Wednesday, confirming a correction for the Nasdaq and erasing the Dow and the S&P 500's gains for the year, as disappointing forecasts from chipmakers and weak home sales data fueled jitters a…Read More
Verizon to spend $25 million to upgrade Florida networkVerizon Communications Inc said on Wednesday it will spend $25 million to update its network in Florida's Panhandle, an area hard-hit by service outages after Hurricane Michael.
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Tesla hits near bottom in Consumer Reports reliability surveyTesla Inc's high-end Model S sedan lost its "recommended" rating and the electric carmaker slid overall by six spots to almost the bottom in Consumer Reports magazine's annual reliability survey.
from Reuters: Business N…Read More
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