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After Earnings, It's Clear IBM's Rometty Needs to Step Aside International Business Machines (NYSE:) beat estimates for its fourth quarter, but analysts yawned. IBM. GAAP earnings of $6.7 billion, or $4.11 per share, and revenue of $21.8 billion . Revenue at Red Hat, the company’s cloud software unit, rose a ...
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Apple to close all China mainland stores due to virus outbreak (Reuters) - Apple Inc on Saturday said it would shut all of its official stores and corporate offices in mainland China until Feb 9. as fears over the coronavirus outbreak mounted and the death toll more than doubled to over 250 from a week ago. "Out of an ...
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Rogue Airbus unit is the focus of a record $4-billion bribery settlement Airbus used a department with a $300-million annual budget to illegally sway government officials and other decision makers on airplane sales, boosting profit by more than $1 billion in a long-running bribery campaign, according to documents filed in the ...
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Shanghai copper seen tumbling in post-holiday opening session - traders Jan 31 (Reuters) - Shanghai copper prices could drop by their daily limit when the Shanghai Futures Exchange reopens on Monday to catch up with losses on the London Metal Exchange (LME) tied to a spreading coronavirus in China, traders and brokers ...
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Privacy settlement may net Illinois Facebook users a few hundred bucks each Facebook will pay $550 million to Illinois users to settle allegations that its facial tagging feature violated their privacy rights. CHICAGO — Facebook will pay $550 million to Illinois users to settle allegations that its facial tagging feature violated their privacy ...
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LTCG disappointment, high divestment target making market nervous: A Balasubramanian, Aditya Birla Sun Life AMC Why are markets nervous? The markets have pretty much got what they wanted; a focus on consumption, deduction on DDT, a number which is committed to the fiscal discipline and the macro discipline is not going to be compromised for next year.
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6 Best Real Estate Investing Strategies for Beginners Every beginning is hard. While real estate investing is one of the best ways to make money in both the short and the long term, newcomers find it difficult to choose the right strategy to get into this exciting business. If you want to make 2020 your most profitable ...
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CERN drops Facebook's Slack competitor, citing privacy issues and low usage CERN, the European Organization for Nuclear Research, on Friday ended its use of Workplace by Facebook, the company's communications tool for companies. The organization disclosed its decision to stop using the enterprise Facebook tool in a press ...
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2nd Worker Dies of Injuries from Texas Oil Well Blowout A second worker has died of injuries from a Central Texas oil well blowout, the company said Friday. Chesapeake Energy spokesman Gordon Pennoyer said the worker died Thursday evening at a hospital. Another worker was killed in Wednesday's blowout ...
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Steamboat skedaddles to the show: Local outdoor industry workers migrate to annual Outdoor + Snow trade show in ... DENVER — A large group of Steamboat Springs area employees in the outdoor industry migrated to Denver Jan. 29 to 31 for the Outdoor + Snow Show at the Colorado Convention Center, marking the third year of a combined trade show by Snowsports ...
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Honeywell profit rises above expectations, while sales fell short Honeywell International Inc. HON, -2.93% reported Friday a fourth-quarter adjusted profit that topped expectations while sales fell a bit shy. The aerospace and industrial company's stock was little changed in premarket trading. Net income declined to $1.59 ...
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KKR swings to profit and beats estimates KKR & Co. KKR, +4.97% reported a profit in the fourth quarter, compared with a net loss a year ago. The firm's net income was $523.4 million, compared with a loss of $384.6 million a year earlier. KKR reported earnings of 91 cents a share, compared with a ...
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Columbia and Fulton working on solar energy contract FULTON, Mo. (KMIZ). Some Fulton officials want the city to start using renewable energy by entering a contract with the City of Columbia and Boone Stephens Solar. The Fulton Utility Board has recommended its city council to move forward with the contract.
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Energy Transfer Can't Revive $536 Million Award in Pipeline Row Enterprise Products Partners LP shook off a $536 million jury award to Energy Transfer Partners LP in a fight over a proposed oil pipeline joint venture, after the Texas high court found parties may agree among themselves that no partnership will exist unless ...
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Clearview AI—Yet Another Example of Why We Need A Ban on Law Enforcement Use of Face Recognition Now This week, additional stories came out about Clearview AI, the company we wrote about earlier that's marketing a powerful facial recognition tool to law enforcement. These stories discuss some of the police departments around the country that have been ...
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