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Wednesday, January 27, 2016
Johnson Controls and Tyco will combine as the unprecedented pace of buyouts and mergers from last year rolls over into 2016.
The way oil giant Exxon Mobil sees it, the global energy landscape won't be radically different in 2040 than it is today.
Lawmakers reschedule hearing to question Martin Shkreli
U.S. House of Representatives lawmakers have rescheduled a hearing to question former pharmaceutical CEO Martin Shkreli, reviled for hiking the price of a lifesaving drug, due to the weekend blizzard that has paralyzed travel on the U.S. east coast.
DuPont Co. (DD) on Tuesday reported a fourth-quarter loss of US$253 million, after reporting a profit in the same period a year earlier.
Hyundai Motor Co. reported its lowest annual profit in five years after a failure to fully anticipate strong demand for sports utility vehicles in China led to a sales drop in the world's largest auto market.
Siemens AG, maker of trains, power turbines and medical machines, says net profit rose 42 percent in the company's most recent quarter compared with a year earlier.
Dutch electronics giant Philips says it fell to a fourth-quarter net loss of 39 million euros (IS$42 million) as it paid off pension risks and had higher tax and other expenses, down from a net profit of 134 million euros (US$146 million) in the same period a year ago.
Apple's iPhone success may be reaching its peak: analysts
Apple could soon face one of its biggest challenges to date: Peak iPhone.
Tuesday, January 26, 2016
Hilton launches new budget chain aimed at young guests
Hilton is launching a new hotel brand, focusing on budget travelers looking to spend US$75 to US$90 a night.
McDonald's says the introduction of its all-day breakfast and unseasonably warm weather in the final three months of the year helped lift sales by 5.7 percent in the U.S., marking the second straight quarter of domestic growth as it fights to win back customers.
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