Lenovo Group Ltd. reported 23 percent increase in its profit for the first-quarter. All of this was attributed to the greater share in the global market for its models of desk tops as well as mobile devices. The shares of the company also made a progress.
Virgin America's flight attendants approved the decision of representation through the Transport Workers Union of America by voting and became the last non-union US airline to join the union.
The tension grew to new heights in China as the foreign business community mainly the consisting of the European companies protest saying that the local Chinese authorities who are involved in an antitrust concentrated effort are misusing their power with an intimidation strategy.
Though Cisco Systems Inc. saw growth is some of its realm like data centre, security and the cloud but was unable to make an impact in the sales in the markets that are emerging. Looking at its apathetic current quarter results the company has decided to slash down 6000 jobs.
With closing of Revel, the hotel and casino worth $2.6 billion next month Atlantic City will see it's down ward spiral moving even faster. The casino was intended to steer in an era of affluence in Atlantic City at the time of its opening in 2012.
Shares of King Digital Entertainment PLC the makers of "Candy Crush Saga" faced a blow on Tuesday when the company came out with its second-quarter earnings report that did not meet the expectations of the analysts. It also lowered its guidance for the full year.
The slackening tension in Ukraine helped the dollar move up and weakened the yen for a second day. As the situation stabilizes people are not looking at yen as a currency for safe haven.
On Monday postal officials said, in spite of boosted revenue in almost all of the products of Postal Services the agency carries on to be caught up in debt due to a congressional obligation that requires it to pay almost $5 billion towards a fund for future retiree health care.
Amazon.com Inc. is yet again flexing its muscles over pricing issues and this time it is Walt Disney Co. that is in the battle field.
Amazon has blocked pre-orders for Disney titles "Captain America: The Winter Soldier", as well as Maleficent" both of which are summer super hits.
On Sunday Kinder Morgan made an announcement that it planned to consolidate its four associated pipeline companies into a big one. The announcement stunned many including the executives and bankers of Houston and New York, predominantly those who are involved in the energy and the merger sectors.
A new study related to the much-debated Keystone XL pipeline now reveals that it has a possibility of producing greenhouse gases that could multiply the previously estimated pollution by four times to global warming. The earlier numbers were given by the State Department and the new study has been published by Nature Climate Change.
BuzzFeed the entertainment and news site has a deal which will include an amount of $50 million as investment from Andreessen Horowitz, the Silicon Valley venture capitalist. The new deal values BuzzFeed approximately at $850 million.
Now the social news organization would look forward to make small videos which range from six-seconds to lengthy feature films.
Richard Kinder the billionaire from Houston is planning to fuse all the distinct pieces of his disjointed pipeline realm into a single company which will be called Kinder Morgan Inc. The deal will be a $44 billion transaction and would ranks as one of the largest in the history of U. S.
After Hachette Book Company now Amazon. com Inc seems to have landed in a contract spat with Disney Movie and stopped pre-orders for some of its movies.
On Sunday though the physical copies of movies like "Captain America: The Winter Soldier" and "Maleficent" were not available on Amazon. com for order but were still accessible for pre-order.
As the Ebola episode in West Africa intensifies, air transports around the globe are nearly checking the circumstances yet have yet to roll out any extreme improvements. The following are some key concerns regarding the sickness, what carriers are doing and if it is ok to fly.
Parents of curious and inquisitive infants and little children can now feel some more calm on account of another child screen called the "Sproutling".
Seldom has the idea of satisfaction brought about such a great amount of alarm public health circles. Covered profound in the national government's voluminous new tobacco regulations is a bit known expense profit figuring that public health experts see as possibly noxious: the joy remainder.
Another study distributed in the American Journal of Medicine has proposed that drinking coffee might really be helpful as far as inward ear wellbeing. This study has discovered that ladies who devoured high measures of coffee, normally from espresso, were less inclined to create tinnitus.
CBS Corp. the broadcasting giant and the owner of the network that is watched by most U. S. television viewers reported a 7% less profit in the second-quarter as compared to last year all due to less sales in advertising that also includes its CBS broadcast network, and lesser program licensing fees.
Dow Jones Industrial Average Dropped to Its Lowest since April as Situation in Ukraine Outshine Earnings
The cautious mood of the investors following the growing geopolitical concerns over issues in Ukraine and the Middle East left the Dow Jones Industrial Average to drop to its least level since late April.
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