Result Page 300 for Archives

Amazon reports strong Q2 gains, overtakes Wal-Mart in market value

Amazon overtakes Wal-Mart in market value after shares surge on big gains in the second quarter. The online retailing giant expects to further exceed expectations in the third quarter.

Jul 24, 2015 5:12 AM EDT

News

Walmart takes full ownership of e-commerce site Yihaodian in China

Walmart buys the remaining 49 percent stake in Yihaodian, a Chinese e-commerce website taking full ownership of the company.

News

McDonald's suffers drop in sales

Losing business to other food chains, rebound plan fails to deliver the desired results, focusing more on popular regional menu items.

News

Apple Watch: Setting the tone for smartwatch market

Strategy Analytics estimates that Apple Watch secures 75% marketshare, projects shipment of four million units.

LeBron James' SpringHill Entertainment teams up with Warner Bros. to produce TV, film and digital content

LeBron James teams with Warner Bros. to produce movies and TV programs. NBA superstar LeBron James announced on Wednesday he is teaming up with Warner Bros.

Jul 23, 2015 11:39 PM EDT

US Senate expands Department of Homeland Security powers after data breach

A group of senators from both the Democratic and Republican camps of the Senate have proposed legislation that will add powers to the US Department of Homeland Security

Jul 23, 2015 7:35 PM EDT

YouTube hires former MTV exec Susanne Daniels to create original content

YouTube announced the hiring of Susanne Daniels, former MTV executive as the vice president for YouTube Originals, to create a more original program content.

Jul 23, 2015 9:47 AM EDT

Bank of America CFO exits in management shake-up

In a move to restructure top management positions, Bank of America CFO Bruce Thompson and vice-chairman David Darnell to step down. Paul Donofrio was appointed as the new CFO.

Jul 23, 2015 9:06 AM EDT

AT&T will charge additional fees for new installation and upgrades starting August 1

AT&T will charge $45 to its new and current subscribers under the one-year and two-year plan. Next subscribers will also be charged an additional $15.

Jul 23, 2015 3:55 AM EDT

Charleston church shooter faces federal charges

The man accused of killing nine people at a church in Charleston, South Carolina faces federal charges. No decision yet on whether federal officials will pursue death penalty.

Jul 23, 2015 3:50 AM EDT

Soyuz TMA-17M lifts off successfully for International Space Station

Astronauts KJell Lindgren, Kimiya Yui and Oleg Kononenko lift off via Soyuz TMA-17M from Baikonur Cosmodrome in Kazakhstan for a five-month mission to the International Space Station.

Jul 23, 2015 2:29 AM EDT

Qualcomm suffers 50% drop in Q3 profit, to cut spending by $1.4bn

Qualcomm announces a restructuring plan to split design and patent-licensing businesses. It charts a strategic realignment plan to improve execution, financial performance and growth.

Jul 23, 2015 2:08 AM EDT

Apple reports strong sales but disappoints Wall Street

Apple's strong sales and profits in the third quarter did not impress Wall Street. Technology stocks fell, with lower than expected iPhone sales and weak outlook.

Jul 23, 2015 1:57 AM EDT

German car manufacturers to buy Nokia HERE to create superior self-driving vehicles

In an attempt to prohibit growing rivals Google, Apple, and Uber from taking control of car information systems, three German car makers have banded and decided to buy the Nokia mapping service.

Jul 22, 2015 11:43 PM EDT

UK man gets first bionic eye to restore sight

An 80-year-old man from Manchester has been fitted with a bionic eye system that has partially restored vision to his eye through retinal electrode implants.

Jul 22, 2015 11:15 PM EDT