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Analysts: Apple's earnings are 'good enough for now,' but iPhone decline 'remains unresolved' Major Wall Street analysts generally liked Apple's third quarter earnings report but, but the declining iPhone business continues to be a big area of concern for analysts. The company reported earnings and revenue that beat estimates on Tuesday after the ...
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GE warns of cash flow hit from grounded Boeing 737 Max General Electric's cash flow took a hit from the grounded 737 Max, and the manufacturer of the engines for the popular planes warned on Wednesday that the trend would persist through 2019, as the fallout from two fatal crashes ripples through Boeing's ...
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The Fed is expected to cut rates for the first time since the financial crisis Washington (CNN Business) The Federal Reserve is poised to cut interest rates on Wednesday for the first time since the 2008 financial crisis to extend the longest economic expansion in US history. The move would come despite a strong US economy.
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The Container Store Needs To Do A Better Job Of Thinking Outside The Box The Container Store has been trying hard recently to think outside the box, but it could be a case of too little, too late. The retailer that wowed Wall Street as one of the hottest IPO's of 2013 hasn't lived up to its promise to investors to be the category killer of ...
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Spotify Reports Subscriber Growth Amid Industry Podcast Boom Spotify Technology SA SPOT 0.85% posted greater-than-expected user growth in the latest quarter as the music-streaming giant improved long-term retention of its listeners and broadened its podcasting business. The company ended the quarter with 232 ...
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Rupert Stadler, Ex-Audi Chief, Charged With Fraud in Diesel Scandal BERLIN — German prosecutors on Wednesday charged Rupert Stadler, former chief executive of the Audi luxury car division of Volkswagen, with fraud for the company's role in a diesel emissions cheating scandal. Mr. Stadler and three others who were not ...
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How the Plunging Pound Could Affect the UK Economy There's not much good economic news for the U.K. in the pound's recent collapse. The currency's decline to a two-year low won't take long to have its effects felt. But it may not provide the traditional boost to exports as it fans inflation by lifting import costs.
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Equifax settlement: See if you are eligible, how to file a claim and see what you'll get If you're among the 147 million people whose data was exposed in the 2017 Equifax data breach, you can now see if you're eligible to submit a claim to recover money you spent or lost as a result of the massive database hack. The Federal Trade Commission ...
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Walgreens Buys Stake In Specialty Pharmacy Developer Walgreens Boots Alliance and a large private equity firm are investing in a specialty pharmacy company that works with hospitals and health systems to set up and run their own on-site specialty pharmacies. Walgreens and Welsh, Carson, Anderson & Stowe ...
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EssilorLuxottica sets sights on retail dominance with $8 billion GrandVision deal PARIS (Reuters) - EssilorLuxottica (ESLX.PA) is buying Dutch opticians group GrandVision (GVNV.AS) for up to 7.2 billion euros ($8 billion) in cash to take control of thousands of stores where it sells spectacles and lenses. FILE PHOTO: Sunglasses from Ray ...
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Capital One data breach: Find out if you were hacked and what you can do A data breach to Capitol One servers this month exposed the personal information of nearly 106 million of the bank's customers. The hack, which included US and Canadian customers of the banking and credit card company, comes a week after the ...
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Verizon expands its 5G network to four more cities Verizon has hooked four more cities up to its 5G network. Starting today, customers in Atlanta, Detroit, Indianapolis, and Washington, DC will be able to connect to the company's next-gen wireless network. The additions mean that Verizon's 5G network is now ...
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General Electric Stock Is Gaining After an Earnings Beat. Its Cash Flow Is the Real Story. General Electric reported second quarter earnings of 17 cents a share on sales of $28.8 billion. Earnings were 5 cents better than Wall Street was expecting. What's more, the company raised full year 2019 earnings and its cash-flow guidance. As if often the ...
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Aston Martin shares plunge as James Bond carmaker posts $96M loss Shares in Aston Martin plunged 17 percent on Wednesday after the luxury British carmaker slumped to a half-year loss, the latest automotive firm to be hit by falling demand in Europe. Aston Martin, best known as James Bond's favorite marque, has been ...
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Holiday chaos looms as attempts by BA to block pilot strikes fail Strikes by British Airways pilots could disrupt hundreds of thousands of holidaymakers from August after the airline lost a second legal attempt to block industrial action. The court of appeal upheld a verdict by the high court last week that dismissed BA's ...
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AMD Sales Forecast Misses on Tepid Game-Console Chip Demand Advanced Micro Devices Inc., the No. 2 maker of computer processors, gave a disappointing third-quarter sales forecast, indicating lower-than-expected orders for game-console chips from Microsoft Corp. and Sony Corp., two of its biggest customers.
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Older owners 'stay put' in family homes, says Nationwide Older property owners are staying put in the family home as the UK housing market continues to see low turnover. Uncertainty has led to relatively little buying and selling activity among existing homeowners, the Nationwide Building Society said. The lender ...
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Uber to cut about 400 employees, citing 'mediocre results' Uber Technologies Inc. said it's cutting a third of its marketing department globally, as the chief executive officer seeks to address concerns that the business is slowing down. The ride-hailing company will dismiss about 400 employees. Dara Khosrowshahi ...
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Resolute Mining announces US$274 million Toro Gold acquisition The Resolute Mining Limited (ASX: RSG) share price will be one to watch on Thursday after a late announcement out of the gold miner. What was announced? After the market close Resolute announced that it has signed a binding agreement to acquire Toro ...
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Google Cloud to offer VMware data-center tools natively Google this week said it would for the first time natively support VMware workloads in its Cloud service, giving customers more options for deploying enterprise applications. The hybrid cloud service called Google Cloud VMware Solution by CloudSimple will ...
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Nifty, Sensex end higher but log worst month of this year Indian markets ended higher today but recorded their worst month this year in July as a tepid results season, consumption slowdown and outflows from hurt sentiment. The broader NSE Nifty today closed up 0.29% at 11,118, while the benchmark BSE Sensex ...
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Panasonic posts bigger than expected 44% slump in first-quarter profit TOKYO (Reuters) - Japan's Panasonic Corp reported on Wednesday a sharper than expected 44% plunge in first-quarter operating profit, as Sino-U.S. trade tensions dampened demand for its auto components and factory equipment in China. FILE PHOTO: A ...
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How to change location with a VPN: make your IP address anywhere in the world No matter what you're intending to use your VPN for, the basic premise will always remain the same. That is the ability to change location of the IP of your laptop, mobile - even your entire router - to somewhere entirely different. Advertisement. In internet slang ...
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