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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).

Feb 19, 2017 8:12 PM EST


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.

Feb 15, 2017 9:11 PM EST


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.

Feb 15, 2017 1:08 AM EST


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


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


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


Top 10 U.S. sanctuary cities face roughly $2.27 billion in cuts by Trump policy

U.S. President Donald Trump's attempt to strip municipalities of federal dollars for shielding illegal immigrants threatens $2.27 billion in annual funds for the nation's 10 largest cities, a Reuters analysis of federal grants found.

Jan 26, 2017 11:09 AM EST


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