COMPANIES

Goldman Sachs 2Q Earnings Falls 11%

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Goldman Sachs (NYSE: GS) booked a 11 percent drop in its second-quarter earnings as revenue from investment banking and lending businesses declined, the New York investment bank said Tuesday.
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India's Tata Motors Aims For Brazil Expansion For Jaguar Land Rover

Tata Motors Ltd. (Bombay: 500570) is looking to its UK luxury car unit, Jaguar Land Rover, to drive global sales growth particularly in emerging markets like Brazil by shifting production of the Freelander out of the UK to free up assembly line space for the popular premium model, the Range Rover Evoque.
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United Airlines

Airline Passengers Revolt After Three-Day Delay In China

United customers staged a rebellion in a Shanghai airport after their flight was cancelled again and again. After being scheduled to leave China on Wednesday, customers finally landed in Newark, New Jersey on Saturday morning. Passengers pulled a customer service representative across the counter by his tie.
2013 Ford Escape

Ford Recalls 2013 Escape Because Carpet Gets In The Way

Ford Motor Company (NYSE: F) joined Toyota in recalling cars because the carpeting got in the way. Ford is recalling 8,266 brand new 2013 Escape cars because the carpet can get in the way and make it hard to put on the brakes.
Steve Ballmer

Microsoft Debuts Upgrade Of Office Line

Microsoft (Nasdaq: MSFT), the world's biggest software company, announced a revamp of its Office application, which is designed to operate with the company’s Windows 8 OS.

Microsoft, NBC Finalize Divorce: New Era In Online News Begins

The world's largest software maker announced late Sunday that it is pulling out of its partnership with MSNBC.com, a move that will allow the company to build its own online news service at a time when more and more consumers are finding their news online.
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Nokia Chops Windows Phone Price 50%

Nokia (NYSE: NOK), the Finnish mobile giant, chopped the list price of its Lumia 900 phone 50 percent, to only $50, which could indicate it’s not sold well.
Minecraft

Minecraft ‘Impersonation’ Exploit Allows Users To Access Other Accounts

Had a rough time playing Minecraft Sunday? There’s a reason why. A security flaw in Minecraft that allowed users to sign into strangers’ accounts was exposed by security researchers Alex Vanderport and Keegan Novik when the Team Avolition duo posted a detailed advisory about the snafu on GitHub Saturday.

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