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August, 27, 2016

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Business > Company Focus
Wal-Mart's vast fleet of stores and its online business are starting to click together.
 
Consultation time
Wu Der-lang (吳德朗), head consultant of Chang Gung Memorial Hospital, speaks to the press in Taipei on Friday, Aug. 19. The selection of the hospital's 14th board of directors ended Friday. Lee Pao-chu (李寶珠), the third wife of Formosa Plastics Group cofounder Wang Yung-ching (王永慶) and former chairwoman of Chang Gung Medical Foundation, is not listed as a board member.
 
Hormel Foods reported better-than-expected quarterly sales on Thursday, as the maker of Spam canned meat and Jennie-O turkey recovered from avian flu that hit its results a year ago.
 
T-Mobile is phasing out data limits and pushing people toward unlimited data plans -- which will mean higher prices for many new customers.
 
Internet gear maker plans 5,500 layoffs amid tech upheaval
Cisco Systems is laying off 5,500 employees as the internet gear maker scrambles to adapt to a technology upheaval that has triggered similar cutbacks to other storied tech companies.
 
Growing number of small businesses put focus on a mobile-first strategy
GreenPal CEO Bryan Clayton came to realize he had to scrap his company's US$90,000 website.
 
A cheaper version of Johnson & Johnson's top-selling drug, the pricey rheumatoid arthritis treatment Remicade, could be available in the U.S. two years early after a federal judge ruled that a key patent on the drug is invalid.
 
AT&T is joining Verizon in raising the prices of some of its data plans.
 
Singapore Telecom said Thursday it will spend US$1.8 billion to take a stake in Thailand's Intouch and raise its share of India's Bharti, boosting its access to fast-growing Asian and African mobile markets.
 
Nestle, the world's largest food company, on Thursday reported a 9.1-percent fall in profits through the first six months of 2016, but said its sluggish performance should be reversed in a strong second half.
 
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