BEIJING (Reuters) - Growth in China's factory activity faltered in January, an official survey showed, as export orders fell and an outbreak of a new virus added to risks facing the world's second-largest economy. FILE PHOTO: A worker welds automobile parts ...
(RTTNews) - A California judge ordered Johnson & Johnson to pay about $344 million in penalties in a lawsuit claiming false and deceptive marketing of its pelvic mesh products for women. The California Department of Justice sued Johnson & Johnson in ...
Super Bowl fans hoping to steam Sunday's game using the Fox Now or Fox Sports apps through their Roku connected TV devices may be out of luck on Sunday night if an ongoing dispute between the two companies continues. Roku, which as of last ...
(Adds portfolio manager comment, share prices). By Nichola Saminather and C Nivedita. Jan 30 (Reuters) - Canadian Imperial Bank of Commerce became the second Canadian bank in as many months to reveal lay offs as it contends with a tough ...
Biogen (NASDAQ: BIIB) delivered its fourth-quarter earnings report on Thursday, showing revenue up 4% year-over-year to $3.67 billion. Adjusted income of $1.49 billion was up 6% year over year, but on a per-share basis, the growth was 19% because the ...
Samsung hopes next generation mobile networks, known as 5G, might provide a boost to its business. The South Korean electronics giant has a number of businesses, from chips to smartphones, which could benefit from the increased rollout and adoption of ...
LONDON (Reuters) - The number of years of production left in Royal Dutch Shell's oil and gas reserves fell for the sixth year in a row in 2019 to below eight. FILE PHOTO: The logo of Royal Dutch Shell is seen at a petrol station in Sint-Pieters-Leeuw, Belgium ...
NEW YORK (Reuters) - Reynolds Consumer Products (REYN.O), the maker of Reynolds Wrap tin foil, raised around $1.2 billion in its initial public offering on Thursday, braving stock market volatility fueled by concerns over the spread of a coronavirus. It is the ...
India's benchmark stock index was little changed as it headed toward its worst January in four years as the government grapples with measures to spur the slowing economy. The S&P BSE Sensex added less than 0.1% to 40,937.16 as of 9:57 a.m. in Mumbai, ...
IBM CEO Ginni Rometty, who has led the tech giant since 2012, will step down in April. Rometty will be succeeded by Arvind Krishna, who is currently Big Blue's senior vice president for cloud and cognitive software. Jim Whitehurst, the Red Hat CEO who ...
(Adds company comment, background). Jan 31 (Reuters) - India's Wipro Ltd said on Friday Chief Executive Officer Abidali Neemuchwala has decided to step down due to family commitments, after four years at the helm of one of India's biggest software ...
(GeekWire Chart; data via Amazon earnings reports). Amazon's appetite for hiring employees is showing no signs of slowing down. As part of its holiday quarter earnings report, the Seattle tech giant revealed it now has 798,000 workers across the globe.
By Sankalp Phartiyal. NEW DELHI, Jan 30 (Reuters) - The coronavirus outbreak in China could start to disrupt India's production of smartphones if it continues to spread in February, as it could delay component shipments, industry executives said. India is the ...
Just nine days after an activist investor targeted Evergy Inc.'s lack of commitment to renewable energy, the Kansas City-based utility announced plans to boost its wind energy portfolio and highlighted its plans to reduce its carbon footprint. Evergy (NYSE: ...
Southwest Airlines said it was disappointed with a draft report of a government audit that claimed the Dallas-based carrier failed to prioritize safety by flying millions of passengers on planes with unresolved safety concerns, saying "our friends, our families ...
SEOUL, Jan 31 (Reuters) - Apple supplier LG Display Co Ltd reported its fourth quarterly operating loss in a row on Friday, hit by lower liquid crystal display (LCD) panel prices and restructuring costs. The South Korean company posted a loss of 422 billion ...
(Adds background on industry) TOKYO, Jan 31 (Reuters) - Japanese drugstore company MatsumotoKiyoshi Holdings and rival Cocokara Fine Inc plan to merge in October 2021, the Nikkei financial daily said on Friday, a move which would create the ...
(RTTNews) - Deckers Outdoor Corp (DECK) revealed a profit for its third quarter that advanced from last year. The company's bottom line totaled $201.59 million, or $7.14 per share. This compares with $196.37 million, or $6.68 per share, in last year's third ...
Vertex on Thursday put an exclamation mark to the earlier-than-expected U.S. approval of its new cystic fibrosis drug Trikafta, reporting fourth quarter revenues five times higher than what Wall Street had expected from the Massachusetts biotech.
WALTHAM, Mass. (AP) _ Thermo Fisher Scientific Inc. (TMO) on Thursday reported fourth-quarter net income of $1 billion. On a per-share basis, the Waltham, Massachusetts-based company said it had profit of $2.49. Earnings, adjusted for one-time gains and ...
Australian shares ended the week lower as investors weighed the economic toll of the virus outbreak in the world's second largest economy. The S&P/ASX 200 Index closed 73.3 points, or 1.03 per cent, lower at 7017.2 points, after limping to a 0.13 per cent ...
FOND DU LAC – Locals will soon have a new craft beer to enjoy. In February, the Milwaukee-based Third Space Brewing will extend its products into Fond du Lac County — as well as the Fox Valley and counties bordering Lake Michigan, like Sheboygan ...
GOLD and SILVER PRICES rose in London's bullion market on Thursday, trading at $1579 and $17.85 per ounce respectively as the World Health Organization met to decide whether China's outbreak of coronavirus marks a global emergency and the Bank ...
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