Lenovo Third Quarter Profits Plummet
Tech company Lenovo posts a drop in its third quarter profits as it faced "sizeable" challenges in its business.
Feb 19, 2017 9:11 PM EST
Retail Spending in UK Rises Slightly in January
UK retail spending sees 1.5 percent growth year-on-year in January 2017 compared with January 2016. Retail spending in the UK saw a 1. 5 percent growth year-on-year in January 2017 compared with January 2016, the lowest growth the sector has had since November 2013, according to the latest official figures of the Office of National Statistics (ONS).
CBS Corp Posts 45.6 Percent Drop In Quarterly Profit
Mass media company, CBS Corporation, posts quarterly profit decrease. Mass media company, CBS Corporation, posted a 46. 5 percent decrease in quarterly profit, hurt mainly by a one-time pension settlement charge in the fourth quarter of 2016.
Toshiba chair quits hours after conglomerate reveals $3.4 billion loss
Toshiba's chairman steps down shortly after the Japanese multinational conglomerate reported a multi-billion-dollar loss.
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Energy giants plan to help 10 million people with new loyalty program
Npower and EDF Energy told MPs they were considering reward programs to help customers who stay with them, it could even include a free boiler service.
Feb 05, 2017 7:16 PM EST
Apple Ends Losing Streak, Posts Rise In Sales After Nine Months
Apple CEO Tim Cook says the company had the highest quarterly revenue ever, adding they have also returned close to $15 billion to investors through share repurchases and dividends.
Feb 02, 2017 2:53 AM EST
Amazon to Build Its Own $1.5 Billion Air Hub For Its Own Cargo Airline
Online giant, Amazon, is expanding fast and creating thousands of jobs in the United States, its Prime Air hub will support its dedicated fleet of Prime Air cargo planes.
Feb 01, 2017 9:53 PM EST
Sense of Unease Permeates Wall Street With Trump's New Policies
President Donald Trump is starting to worry Wall Street with the major changes in foreign policies. Economic isolation may result in these changes.
Feb 01, 2017 9:30 PM EST
Trump Signs Executive Order to Reduce Regulations Affecting US Businesses
US President Donald Trump signs executive order designed to slash the number of regulations affecting US businesses.
Feb 01, 2017 9:10 PM EST
Microsoft Considers Trump Immigration Ban as Misguided
Satya Nadella, Microsoft CEO, states there is no place for bias or bigotry in any society and Microsoft will always stand for diversity and inclusion.
Feb 01, 2017 3:52 PM EST
Swedish Retailer H&M Big Gainer in 2016
The last fiscal year was good for H&M, there was a strong expansion in sales and profits, the company opened 427 new stores and it added more than 13,000 new workers.
Feb 01, 2017 2:43 PM EST
Trump’s Planned State Visit To UK Sparks Parliament Debate
UK Parliament to deal with a critical debate in the planned Donald Trump State Visit to the UK. Opposition leaders across the country coming out in the open.
Feb 01, 2017 9:23 AM EST
Toyota Motor to add 400 jobs at Indiana assembly plant
Donald Trump criticized companies such as Toyota for producing cars in Mexico but the Japanese automaker will upgrade its plant in Indiana and create jobs.
Jan 26, 2017 11:10 AM EST
Trump urges U.S. automakers to make big push for new plants
Important CEOs of the car industry and Donald Trump have had a meeting, the US President wants to see a renaissance in American manufacturing.
Jan 26, 2017 11:10 AM EST
China says will protect South China Sea sovereignty
China said on Tuesday it had "irrefutable" sovereignty over disputed islands in the South China Sea after the White House vowed to defend "international territories" in the strategic waterway.
Jan 26, 2017 11:09 AM EST
Trump pulls U.S. out of Pacific trade deal, loosening Asia ties
Trump signed an order pulling United States out of the Trans-Pacific Partnership, TPP, he believes this trade deal was not good for US industries and jobs.
Jan 26, 2017 11:09 AM EST