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Wednesday, February 3, 2016
World's most valuable firm: Alphabet before Apple
Alphabet now comes before Apple atop the list of the world's most valuable companies.
A Massachusetts graduate student who pointed out a glitch that allowed him to briefly "own" the world's most heavily trafficked website has been awarded more than US$12,000 from Google.
A top U.S. Federal Reserve official said Monday that increased concerns about the global economic outlook led the central bank to leave a key interest rate unchanged last week.
After 15 years of near austerity, U.S. airlines are restoring some small perks for passengers crammed into coach.
United Airlines is trying to bring back a bit of the friendly skies, allowing families with young children to board early.
Factory activity in the world's two biggest economies -- the United States and mainland China -- slowed in January, a discouraging trend for the global economy.
Uber drivers in New York City protest company's fare cut
Uber drivers in New York City called Monday for a strike to protest the company's decision to cut fares by 15 percent, as drivers rallied at the ride-sharing app's New York headquarters.
Nintendo Co. reported a 36 percent drop in quarterly profit on Tuesday after lackluster video game sales for the year-end holiday shopping season.
Abbott Laboratories will buy Alere for US$4.8 billion as it tries to expand its medical-testing business.
Lumber Liquidators will pay more than US$13 million for illegally importing hardwood flooring, after the U.S.-based company pleaded guilty to environmental crimes last year.
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