Result Page 1115 for Latest Business News & Archive

Apple’s iPhone Sales Slide Again Despite Beating Expectations; Why Investors Are Still Hopeful

Apple’s profits in the June quarter fell 27 percent. However, the company beat analysts’ expectations for iPhone sales, helping buoy its stock price.

Bigger Beer Bid: Anheuser-Busch (BUD) InBev Raises Offer For SABMiller (SAB) [VIDEO]

Anheuser-Busch InBev raises its $100 billion-plus bid for rival brewer SABMiller after a slide in the value of the pound following the Brexit vote made the offer less attractive for many investors, threatening to derail the deal.

Nintendo Shares Dive As Company Plays Down Pokemon GO's Earnings Impact

Stocks of the Kyoto-based gaming company recorded its biggest decline since October 1990, plunging 17.7 percent.

Pokémon GO Lure Modules Are Helping Retailers Cash In On Gamers Locations [VIDEO]

Some retailers are trying to cash in on the Pokémon Go craze by paying for "lure modules," which put images of Pokemon characters in their shops to attract players into their businesses.

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JPMorgan To Pay About $200 Million To Settle Asia Hiring Probes

JPMorgan would reportedly likely admit that its hiring practices violated a U.S. law prohibiting giving something of value in exchange for business.

Blockbuster Ratings May Give Fox News Room To Revive After Ailes Exit

Departing founder and CEO Roger Ailes' successor faces the twin challenges of retaining on-air stars and making the network attractive to younger viewers.

Elon Musk Unveils ‘Master Plan’ For Tesla Motors (TSLA), Talks About Expansion Into Electric Trucks, Buses, Ride-Sharing Business

The billionaire business magnate unveiled an ambitious plan to expand the company into electric trucks and buses, ride-sharing and solar energy systems.

Oil Search Bows To ExxonMobil In Battle For InterOil

Australia’s Oil Search has cleared the way for ExxonMobil to take over InterOil for $2.2 billion, giving the U.S. giant access to a rich new gas field to expand its exports from Papua New Guinea.

AB InBev, SABMiller Deal Wins US Approval, Adds Craft Beer Protections

The Department of Justice approval for the $107 billion deal comes with a number of stipulations and is notable after the regulatory authority derailed several potential mergers over antitrust concerns.

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Google Using DeepMind Artificial Intelligence To Cut Energy Costs In Data Centers By Millions

The London-based artificial intelligence startup that was acquired by the tech giant in 2014 is helping its data centers cut energy costs, possibly by millions.

Cloud Business Boosts Microsoft’s Quarterly Revenue, Shares Rise

The new and growing cloud business is one of the priorities for CEO Satya Nadella, who took the helm of the world’s largest software company in early 2014.

Goldman's Profit Jumps As Bond Trading Revenue Rises

The bank, like other Wall Street firms, has been focusing on cutting costs amid concerns about slowing growth.

Volvo Beats Earnings Forecast, Sees US Market Weaken

The Swedish truckmaker reported better than expected second-quarter earnings as cost cuts and rising European sales helped fortify it against slumping U.S. demand.

Apple’s ResearchKit: GlaxoSmithKline To Use Platform For Arthritis Study In First Major Clinical Trial Partnership

The move marks the first partnership with a drug company for ResearchKit, Apple Inc.’s medical platform for studies and clinical trials.

Yahoo Reports Lackluster Results As Sale Looms

The internet company also announced a $482 million write-down on the value of Tumblr, the social media service that it acquired in 2013 for $1.1 billion.

Trump Lied About Financial Success? Bankers Dispute His Claims In 'Art Of The Comeback'

Donald Trump, who often says he only likes winners, has admitted he does have at least one particular loss.

SoftBank To Buy UK Chip Designer ARM Holdings For $32.2 Billion In Record Deal

U.K.-based chip designer ARM boasts a strong portfolio with smartphone giants like Samsung, Huawei and Apple using its processor and graphics technology.

ExxonMobil Launches Bidding War For InterOil In PNG Gas Push

ExxonMobil has made a bid worth at least $2.2 billion for InterOil and its stake in a rich Papua New Guinea gasfield, topping an offer from Australia's Oil Search.

Bayer Sweetens Offer For Hesitant Monsanto

Analysts and some Monsanto shareholders were quick to opine that Bayer’s latest $64 billion offer, the largest all-cash takeover bid on record, was unlikely to entice Monsanto.

Asian Shares Rise To Eight-Month Highs, On Track For Weekly Gains

Better-than-expected economic data from China lifted risk sentiment that was already buoyant after record highs on Wall Street.

Trading Lifts JPMorgan's Revenue [VIDEO]

A rebound in the capital markets lifted revenue at JPMorgan Chase in a quarter rocked by Brexit. Fixed income trading was particularly strong. Fred Katayama reports.

Elizabeth Warren Urges Probe Of Airbnb-Type Rentals

Warren and other senators are concerned "short-term rentals may be exacerbating housing shortages and driving up the cost of housing."

Takata Airbag Recall Worse Than Believed: 1 In 8 US Vehicles Affected, Report Finds

A survey found that most people aren't worried about the Takata recall. But perhaps they should be.

'All The Stages Of Grief': Private Equity Ponders Dismal Brexit Outlook

The referendum result is making investors have second thoughts about committing to new funds for private equity deals in Britain.

Asian Shares Near 2016 Peak As Risk Appetite Improves

Prospects of solid U.S. growth and accommodative economic policy in major markets have stimulated investors' risk appetite, hurt by uncertainty from Brexit.

Stocks To Watch Today, July 12: Buy/Sell ACN, AA, CB, HAL, HES, PTEN, STX, SLCA, BHI, CTSH, IMPV, WFT

Here's how brokers see the winners and losers in the market for July 12.

Chinese Tesla Rival Future Mobility Plans 2020 Rollout Of First Electric Self-Driving Car

Future Mobility, one of several Chinese companies entering the field, has hired veterans from BMW, Google, Mercedes and Tesla Motors.

IKEA To Recall Nearly 1.7M MALM Dressers In China Following Safety Concerns, Chinese Regulator Says

The move comes almost two weeks after a similar recall was announced in North America, which sparked heated discussions in China regarding its exclusion from such a deal.

Citibank To Close Venezuela Government Accounts: Maduro

Venezuela’s President Nicolas Maduro criticized the bank’s move as part of a “blockade” planned by the government’s political foes for waging an “economic war” against it.

Boeing Signs Patrol Plane, Attack Chopper Deals With UK For $6.2 Billion

In addition to supplying planes for marine patrols and attack helicopters, the Chicago company will also create 2,000 new jobs in the U.K.

AirAsia To Purchase At Least 100 Airbus A321neo For $12.57 Billion: Report

The purchase is likely to consist of A321neo narrow-body aircraft and is expected to be announced at the Farnborough International Airshow Tuesday, Bloomberg reported.

7-Eleven Free Slurpee Day 2016: All Of The 7-11 Freebies Available The Week Of July 11

It’s super easy to get a free Slurpees at 7-Eleven. Find out how!

Line IPO Priced At Top Of Range, Expected To Raise $1.3 Billion

Shares of the company will start trading on the New York Stock Exchange Thursday and in Tokyo a day later.

Walmart Offers ‘Free Shipping With No Minimum’ To Tackle Amazon’s Prime Day

Launched to take on Amazon’s highly publicized shopping event “Prime Day,” which is on July 12 this year, it is part of Walmart’s broader strategy to strengthen its e-commerce business.

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