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February, 28, 2017

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Business > Company Focus
SEMI, the global association connecting and representing the worldwide electronics manufacturing supply chain, recently announced the appointment of Ajit Manocha as its president and CEO.
 
Macy's, the nation's largest department store chain, says its earnings for the quarter that includes the holiday period dropped nearly 13 percent as results were dragged down by lower sales, store closures and other costs.
 
German pharmaceuticals and chemicals giant Bayer on Wednesday reported record sales and profits for 2016 and said it expected further growth in 2017, as its goal to seal a mammoth takeover of U.S. seedmaker Monsanto remains on track.
 
The top two CSX executives will retire this spring, and the railroad plans to lay off roughly 1,000 management employees next month.
 
Wells Fargo's board of directors fired four senior managers as part of its investigation into the bank's sales practices scandal.
 
The nation's largest retailer keeps working to make headway against the largest online seller.
 
Introducing the Acer-developed smart parking system
Taiwanese computer manufacturer Acer Inc., the Tainan City government and Tainan University of Applied Sciences unveiled Tuesday a new smart parking management system that allows drivers to easily find parking lots in the southern Taiwanese city.
 
Rising protectionism sparks HSBC profit fall
Protectionist fears under Donald Trump and uncertainties caused by Brexit sparked a huge plunge in 2016 profits, global banking giant HSBC said Tuesday.
 
A massive drop in profits at banking giant HSBC helped push London and Hong Kong stocks into negative territory on Tuesday, while eurozone markets bounced off Asian gains to edge higher.
 
Mi is here
Taiwanese actor Chris Wang (宥勝) displays mainland Chinese mobile company Xiaomi Inc.'s "Mi Note 2" and the "RedMi Note 4X" smartphone models during a launch event on Tuesday.
 
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