Latest Adobe Systems Inc News

Adobe cuts off Venezuela clients, citing US sanctions

Oct. 7, 2019 6:10 PM EDT

CARACAS, Venezuela (AP) — The software company Adobe says it is cutting off its accounts in Venezuela, the latest repercussions of U.S. financial sanctions targeting President Nicolás Maduro. The California-based firm on Monday cited sweeping measures by the administration of President Donald Trump...

US stocks fall; S&P 500 ends with 2nd straight weekly loss

Sep. 27, 2019 5:11 PM EDT

Wall Street capped a choppy week with a second straight weekly loss for the S&P 500 Friday as worries about a potential escalation in the trade war between the U.S. and China erased early gains. Technology companies led the broad slide as investors weighed a report saying the Trump administration is...

Asian shares mixed following Fed's decision to cut rates

Sep. 19, 2019 12:02 AM EDT

BANGKOK (AP) — Shares were mixed in Asia on Thursday, with Tokyo and Sydney logging modest gains after the Federal Reserve cut its benchmark interest rate for a second time this year, citing slowing global economic growth and uncertainty over U.S. trade conflicts. Japan's central bank opted to keep its own...

US stock indexes end mixed ahead of Fed chairman speech

Aug. 22, 2019 5:14 PM EDT

A wobbly day on Wall Street left stock indexes mostly lower Thursday as investors turned cautious ahead of a widely anticipated speech by the Federal Reserve chairman. Losses by health care, technology and energy companies, among other sectors, outweighed gains by banks, consumer goods makers and elsewhere in the...