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Category : Business (Archive for 2018-02-02) News by Google
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Business Insider
Facebook's usage decline should have investors worried — no matter what Mark Zuckerberg says
Business Insider
mark zuckerberg Facebook CEO Mark Zuckerberg gave investors reason to worry on Wednesday. Win McNamee/Getty Images. In its fourth-quarter earnings report Wednesday, Facebook reported a 5% drop in daily usage of its service. Company CEO Mark Zuckerberg ...

Reuters
AT&T shares rise after posting $20B Q4 windfall
MarketWatch
AT&T Inc. booked a $20 billion paper gain from a federal tax overhaul that will hand it about $3 billion in extra cash this year, a windfall the company plans to spend on enhancing its network. The corporate-tax overhaul, a long-held goal for Chief ...

The Hill
Appeals court rules consumer bureau's structure is constitutional
The Hill
Language in the Dodd-Frank Act that gives the Consumer Financial Protection Bureau's (CFPB) independence from Congress is constitutional, the U.S. Court of Appeals for the District of Columbia Circuit ruled Wednesday, overturning a 2016 ruling by three ...

Hindu Business Line
Microsoft 2Q18: Trump tax hit turns strong quarter into $6.3B loss
Ars Technica
Microsoft has posted the results of the second quarter of its 2018 financial year, running up until December 31, 2017. Revenue was $28.9 billion, up 12 percent year-on-year, and operating income was $8.7 billion, a 10-percent increase. Net income was ...

NDTV
Amazon Steps Into Healthcare With Warren Buffet, JPMorgan Chase
NDTV
That's probably not how these three men decided to form a new company to address health care costs for their US employees, and possibly for many more Americans. The three companies, with a combined market cap of $1.62 trillion (roughly Rs. 103 lakh ...

USA TODAY
Bon-Ton Stores closing another 42 stores in 2018
USA TODAY
The Bon-Ton Stores announced Wednesday the 42 locations that will be closed as part of a company restructuring. The company has corporate headquarters in York, Pa., and Milwaukee. It operates 260 stores, which includes furniture galleries and clearance ...

New York Times
Federal Reserve Leaves Rates Unchanged
New York Times
WASHINGTON — The Federal Reserve said on Wednesday that it was still trying to stimulate faster economic growth as one of the longest expansions in American history neared the end of its ninth year. The Fed said after a two-day meeting of its ...

Gizmodo
Ebay Is Finally Breaking It Off With PayPal, Which Is Doing Just Great By the Way
Gizmodo
PayPal and eBay, two brands that were best friends forever for like 15 years or so, are destined to be platonic besties no longer. Per Recode, eBay announced on Wednesday that it plans to stop using PayPal as its back-end services provider, and when ...

New York Times
Xerox, an Innovator Hit by Digital Revolution, Cedes Control to Fujifilm
New York Times
When Xerox introduced its popular copying machines in 1959, their wizardry was considered as high tech as the iPhone when Steve Jobs presented it to the world almost 50 years later. But just as Xerox made carbon paper obsolete, the iPhone, Google Docs ...
News Live: Dow, S&P 500 suffer worst one-day fall in five months
Moneycontrol.com
This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here. Top. highlights. 07:04 AM IST. Dow, S&P 500 suffer worst one ...

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