Consumer spending in the U.S. unexpectedly dropped in September as incomes (PITLCHNG) rose at the slowest pace of the year, indicating the economy will have difficulty sustaining a pickup in growth into the end of the year.
Starbucks Starbucks is planning to roll out a delivery option available on its mobile app in select cities next year, according to comments made by CEO Howard Schultz during the earnings call.
... * Central bank raises main lending rate to 9.5 pct from 8 pct. * Large rise reflects concern over falling rouble, inflation. * Rouble down nearly 2 pct after rate move.
Slack Technologies Inc., which makes software for people to collaborate at work, raised $120 million in a round of financing co-led by Kleiner Perkins Caufield & Byers and Google Ventures, valuing the company at $1.12 billion.
Exxon Mobil Corp. (XOM:US) said profit unexpectedly rose as lower crude prices boosted its income from making gasoline. Third-quarter net income was $8.07 billion, or $1.89 a share, compared with $7.87 billion, or $1.79, a year earlier, Irving, Texas-based ...