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Category : Business (Archive for 2018-05-02) News by Google
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Wall Street Journal
Apple Allays iPhone Worries, Adds $100 Billion to Buyback Plans
Wall Street Journal
Apple Inc. AAPL 2.32% flexed its financial muscle with a record $100 billion plan to buy back stock from investors, as it reported strong gains in revenue and profit even as growth in the number of iPhones sold remained weak. The results for Apple's ...

Reuters
Snap shares sink 16 percent as redesign weighs on results
Reuters
(Reuters) - Snap Inc fell short of Wall Street forecasts for revenue and regular users on Tuesday after a redesign of its Snapchat messaging app turned off some long-time fans and advertisers, sending its shares tumbling 16 percent. FILE PHOTO: The ...

Wall Street Journal
Xerox CEO Exits in Settlement With Activists; Fujifilm Deal at Risk
Wall Street Journal
Xerox XRX 2.67% Corp. said its chief executive, Jeff Jacobson, is resigning in a settlement with two of the company's biggest investors, Carl Icahn and Darwin Deason, a pact that shakes up the majority of the board and puts its transaction with ...

TIME
Guitar-Maker Gibson Brands Files for Bankruptcy
Wall Street Journal
Storied guitar-maker Gibson Brands Inc., whose customers have included B.B. King, Chuck Berry and Jimmy Page, filed for bankruptcy protection Tuesday with a deal to hand control of the company, which has struggled with its debt load after a series of ...

New York Times
Sprint and T-Mobile CEOs Are in Washington to Sell Their Merger. Here's What They'll Confront.
New York Times
From the moment T-Mobile and Sprint announced their $26.5 billion merger on Sunday, the wireless carriers have positioned their proposed deal with an eye toward Washington. After all, regulators in the Obama administration blocked one of their previous ...

Reuters
Nikola Motor sues Tesla alleging design patent violation
Reuters
(Reuters) - Nikola Motor Co, which makes hydrogen-powered semi trucks, filed a lawsuit on Tuesday against electric automaker Tesla Inc (TSLA.O) alleging design patent infringements. A Tesla dealership is seen in West Drayton, just outside London ...

Business Insider
Jeff Bezos thinks his fortune is best spent in space
MarketWatch
Jeff Bezos has so much money he doesn't know what to do with it all, so he figures he'd might as well spend it on spaceships. That's what the Amazon.com Inc. AMZN, +1.03% founder and chief executive told Mathias Döpfner, the CEO of Business Insider ...

Los Angeles Times
United Airlines bans dozens of dog and cat breeds from cargo hold under new pet travel policy
Los Angeles Times
In response to the controversial death of a dog on a United Airlines flight in March, the carrier is overhauling its pet travel policy, including banning the transport of dozens of breeds of dogs and cats in the cargo compartment. Passengers can still ...

CNNMoney
Vista Outdoor may dump its gun brands
CNNMoney
Vista Outdoor, a manufacturer of guns and ammunition, said on Tuesday that it could divest from its gun brands, prompting a steep decline in stock price. Vista said that it's "potentially" selling its Savage brand of shotguns and rifles, including AR ...
Asian shares mostly lower after topsy-turvy day on Wall St
Chicago Tribune
Shares are mixed in Asia after a topsy-turvy May Day session on Wall Street, where most benchmarks recovered from early losses as Apple led a rally in technology companies. KEEPING SCORE: Japan's Nikkei 225 index slipped 0.3 percent to 22,451.80 and ...

Archive (Business )
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