Friday, July 25, 2014
AT&T Inc. on Wednesday posted lower net income for the latest quarter due to cheaper cellphone plans it introduced as a response to aggressive pricing from smaller competitor T-Mobile US.
U.S. aerospace giant Boeing on Wednesday raised its full-year profit forecast after earnings soared 52 percent in the second quarter, lifted by increased jetliner deliveries.
Former U.S. Treasury Secretary Timothy Geithner defended the Federal Reserve's withdrawal of its unprecedented stimulus program in an Australian newspaper interview Thursday, saying what was good for the American economy would also support other countries.
Canada's Bombardier will cut 1,800 jobs, the troubled aviation giant announced Wednesday in a major reorganization.
General Motors (GM) Wednesday announced six recalls covering nearly 718,000 vehicles in the U.S., adding to its recall tally after an ignition-switch auto safety scandal.
Thursday, July 24, 2014
Apple quarterly profit climbed with strong demand for iPhones, particularly in China where the California company's revenue surged.
Operations of Taiwanese tire makers will not be adversely impacted by the U.S. duties probe into tires imported from China since those companies can diffuse risk by allocating orders to factories elsewhere, local media said.
McDonald's Tuesday said profit slipped in the second quarter amid fairly flat global sales as it pledged to take action against any wrongdoing in an Asian food safety scare.
British drugmaker GlaxoSmithKline (GSK) on Wednesday slashed its 2014 profits forecast as second-quarter earnings sank on the back of weak U.S. trade, adverse currency moves and a Chinese bribery probe.
The Chinese-made smartphone Redmi Note (紅米Note) was recently revealed by a Hong Kong cellphone forum to automatically connect to a mainland Chinese server unbeknownst to users, prompting various concerns regarding personal information being leaked to the communist government.