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  Home > Finance > Business News
 Latest Business and Finance News
With sales sputtering, Apple's iPad looks to IBM alliance [Reuters]
SAN FRANCISCO (Reuters) - Apple Inc's iPad is losing steam just four years after its release, b ...Detail
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Microsoft revenue rises, profit falls as Nokia absorbed  [ARY News] 23 Jul, 2014
SEATTLE: Microsoft Corp (MSFT.O) said on Tuesday its fiscal fourth-quarter revenue rose, beating Wall Street expectations, but its profit fell 7 percent, partly due to the effect of incorporating the handset business of Nokia.
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Google must face U.S. privacy lawsuit over commingled user data  [ARY News] 23 Jul, 2014
A federal judge rejected Google Inc’s bid to dismiss a privacy lawsuit claiming it commingled user data across different products and disclosed that data to advertisers without permission.
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Microsoft sees end to Nokia losses, shares rise after hours  [Reuters] 22 Jul, 2014
SEATTLE (Reuters) - Microsoft Corp said it aims to get its loss-making Nokia phone unit to break even within two years, helping its stock rise in after-hours trade.
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U.S. judge orders Argentina, creditors to meet until deal reached  [Reuters] 22 Jul, 2014
NEW YORK (Reuters) - A U.S. judge ordered Argentina and investors who did not participate in the country's past debt restructurings to meet "continuously" with a court-appointed mediator until a settlement is reached, warning ...
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Wall Street rejects Ackman's Herbalife 'death blow'  [Reuters] 22 Jul, 2014
NEW YORK (Reuters) - Billionaire investor William Ackman's latest volley of accusations against Herbalife Ltd on Tuesday missed its mark on Wall Street, with investors sending the stock price soaring 25 percent.
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Apple revenue lags Street's view despite strong China growth  [Reuters] 22 Jul, 2014
SAN FRANCISCO (Reuters) - Apple Inc posted a smaller-than-expected 6 percent rise in quarterly revenue on Tuesday, but revenue surged 28 percent in greater China despite stiff competition in its third-largest market.
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Chrysler recalls older Jeep SUVs for ignition switch issues  [Reuters] 22 Jul, 2014
DETROIT (Reuters) - Chrysler Group LLC said on Tuesday it is recalling 792,300 older-model Jeep SUVs for ignition switch problems, the second recall of its kind for the No. 3 U.S. automaker this year.
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Banks trade barbs with U.S. Senate panel in tax avoidance probe  [Reuters] 22 Jul, 2014
WASHINGTON (Reuters) - Deutsche Bank and Barclays on Tuesday locked horns with a U.S. Senate committee that has accused them of selling option products to hedge funds to help them avoid taxes.
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American Apparel hopes to decide Charney's fate by mid-August  [Reuters] 22 Jul, 2014
(Reuters) - American Apparel Inc's founder should know in the next few weeks whether he may return as an employee of the company, according to a source familiar with the situation.
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U.S., European airlines halt flights to Israel due to instability  [Reuters] 22 Jul, 2014
(Reuters) - Air carriers in the United States and Europe on Tuesday halted flights to Tel Aviv after warnings from governmental agencies in an effort to ensure passenger safety as turmoil in Israel and the region has intensified. ...
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Apple revenue lags Street view despite strong China growth  [Reuters] 22 Jul, 2014
SAN FRANCISCO (Reuters) - Apple Inc posted a smaller-than-expected 6 percent rise in quarterly revenue on Tuesday, but revenue surged 28 percent in greater China despite intense competition in its third-largest market.
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Facebook's Zuckerberg to testify at N.Y. forgery trial -prosecutors  [Reuters] 22 Jul, 2014
NEW YORK (Reuters) - The government will call Mark Zuckerberg to testify against an upstate New York man accused of trying to cheat the billionaire founder of Facebook Inc out of half his stake in the social media company, a feder ...
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Wall St. gains on earnings, data; conflicts still eyed  [Reuters] 22 Jul, 2014
NEW YORK (Reuters) - U.S. stocks rose on Tuesday as some positive earnings and economic data pointed to a market that still had room to rise despite the S&P 500 hitting an intraday record.
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Apple revenue lags Street forecasts  [Reuters] 22 Jul, 2014
SAN FRANCISCO (Reuters) - Apple Inc posted a smaller-than-expected 6 percent rise in quarterly revenue on Tuesday, after selling 35.2 million iPhones in an increasingly competitive smartphone market.
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Facebook's Zuckerberg to testify at N.Y. forgery trial: prosecutors  [Reuters] 22 Jul, 2014
NEW YORK (Reuters) - The government will call Mark Zuckerberg to testify against an upstate New York man accused of trying to cheat the billionaire founder of Facebook Inc out of half his stake in the social media company, a feder ...
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Microsoft revenue rises, profit falls as Nokia absorbed  [Reuters] 22 Jul, 2014
SEATTLE (Reuters) - Microsoft Corp said on Tuesday its fiscal fourth-quarter revenue rose, but its profit fell, partly due to the effect of incorporating the handset business of Nokia, which it acquired in April.
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Wall St. ends up, boosted by earnings and data  [Reuters] 22 Jul, 2014
NEW YORK (Reuters) - U.S. stocks rose on Tuesday as some positive earnings and economic data pointed to a market that still had room to rise despite the S&P 500 hitting an intraday record high.
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Coca-Cola sales miss estimates on flat North America growth  [Reuters] 22 Jul, 2014
(Reuters) - Coca-Cola Co is still grappling with a problem even as sales of traditional Coke rise in North America: U.S. consumers are drinking less diet soda.
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Coca-Cola sales miss estimates on flat North America growth  [Reuters] 22 Jul, 2014
(Reuters) - Coca-Cola Co is still grappling with a problem even as sales of traditional Coke rise in North America: U.S. consumers are drinking less diet soda.
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Airlines halt flights into Israel  [BBC News] 22 Jul, 2014
US and European airlines suspend flights into Israel's Ben Gurion airport after Israeli police confirmed that a rocket landed one mile away.
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US halts all flights into Israel  [BBC News] 22 Jul, 2014
The US Federal Aviation Administration suspends all flights into Israel's Ben Gurion airport for 24 hours after Israeli police confirmed that a rocket landed near the airport.
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Royal Mail hit by parcel revenue fall  [BBC News] 22 Jul, 2014
Royal Mail intraday chart Royal Mail's share price falls as it warns of lower revenues from its parcels business, but says it should still be able to meet its targets for the year.
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Verizon revenues top estimates on wireless surge  [Reuters] 22 Jul, 2014
(Reuters) - Verizon Communications Inc, the largest U.S. wireless telecommunications company, on Tuesday reported better-than-expected quarterly revenue on a jump in wireless customers and a surge in tablet sales.
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Delta and United halt Israel flights  [BBC News] 22 Jul, 2014
US airlines Delta and United suspend all operations to Tel Aviv's Ben Gurion Airport amid heightened scrutiny over flights into conflict zones.
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Shipment warning hits Harley-Davidson  [BBC News] 22 Jul, 2014
Harley-Davidson Inc. intraday chart Shares in Harley-Davidson fall more than 6% after the motorbike maker says it will ship fewer bikes this year than previously forecast.
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EU to widen Russia sanctions  [BBC News] 22 Jul, 2014
Members of the Ukrainian Emergencies Ministry gather before leaving the crash site of the Malaysia Airlines Flight MH17 The EU will widen sanctions against Russia to include more individuals and consider targeting the defence sector, the Dutch foreign minister says.
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Wall Street up on data, mixed earnings  [Reuters] 22 Jul, 2014
NEW YORK (Reuters) - U.S. stocks rose on Tuesday as inflation data was seen keeping the Federal Reserve in an equities-friendly tone, while hopes rose for an easing of tensions in Ukraine.
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Pension delay to be less lucrative  [BBC News] 22 Jul, 2014
People who delay taking their state pension from 2016 will gain less financial benefit than under current rules, the government proposes.
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McDonald's profit falls on weak U.S., European sales  [Reuters] 22 Jul, 2014
(Reuters) - Quarterly profit at McDonald's Corp fell more than expected after established restaurants in its struggling U.S. division turned in a third straight quarterly sales decline and results from Europe also logged a su ...
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Verizon second-quarter revs top estimates as wireless customers surge  [Reuters] 22 Jul, 2014
(Reuters) - Verizon Communications Inc, the largest U.S. wireless telecommunications company, reported better-than-expected quarterly revenue on a jump in wireless customers and a surge in tablet sales.
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