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July, 29, 2016

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Business > Company Focus
'Pokemon Go' underscores Nintendo's rich vision
Nintendo suffered as a latecomer to smartphone games but is seeing the deep wealth of its franchise characters pay off with the success of "Pokemon Go," even without a launch yet in Japan.
 
As throngs of "Pokemon Go" players traipse around to real-world landmarks in pursuit of digital monsters, some ticked-off property owners are asking to have their locations in the fictional Poke-verse removed.
 
Citigroup's profit falls 17 percent, still beats forecasts
Citigroup's earnings fell 17 percent in the second quarter, hurt by weak results in consumer banking as interest rates remain extremely low, making lending less profitable. The results still beat analysts' forecasts.
 
Wells Fargo earnings slip, but mostly meet expectations
Consumer banking giant Wells Fargo said its second-quarter earnings fell 3 percent from a year ago as the bank continues to feel pressure from low interest rates.
 
Line Corp.'s shares surged in its debut on the Tokyo Stock Exchange on Friday, a day after its initial public offering in New York, as investors cashed in on the popular Japanese messaging app that features emoticons.
 
If you have fond memories of battling King Koopa or tossing barrels as Donkey Kong, you can relive them this fall.
 
Microsoft on Thursday scored a big victory on a keenly watched privacy battlefront, with a U.S. appeals court exonerating the company for refusing to give police user data stored overseas.
 
The direct sales nutrition company Herbalife was cleared by the U.S. Federal Trade Commission Friday of accusations that it is essentially an illegal pyramid scheme.
 
Samsung Electronics says it is in talks to buy shares of Chinese electric car maker BYD in the latest tech-auto collaboration.
 
German pharmaceuticals and chemicals giant Bayer said Thursday it had raised its offer to take over U.S. biotech seeds and pesticides maker Monsanto.
 
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