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October, 28, 2016

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Apple spins services with iPhone sales slumping
Apple's quarterly profit slumped on a widely expected drop in iPhone sales, but gains in services offered some optimism on the company's efforts to curb dependence on its smartphone.
AT&T mega-merger comes amid media shifts
The proposed mega-merger of AT&T and Time Warner comes as media companies maneuver to remain relevant to audiences increasingly turning to the internet for entertainment.
Target plays up bargains to lure shoppers as holiday season nears
From a Broadway-style marketing campaign to more exclusive toys, Target wants to lure shoppers during the final critical months of the year. More importantly, though, it needs to convince shoppers that it's the place for deals.
Toyota said Wednesday it was recalling another 5.8 million Takata-made airbags in a global safety scandal blamed for a string of deaths and injuries.
Struggling Swedish telecoms equipment maker Ericsson on Wednesday appointed Borje Ekholm as new CEO, betting on continuity with an executive coming from its board of directors and its main shareholder.
Nintendo cut its full-year outlook Wednesday blaming disappointing Wii U game sales and a strong yen, but it remained profitable thanks to the sale of the Seattle Mariners baseball team.
German chemicals and pharmaceuticals giant Bayer on Wednesday said it had slightly increased its forecast for the whole year, driven by strong sales of prescription drugs.
AT&T, Time Warner defend deal as politicians challenge
AT&T and Time Warner, home of CNN and HBO, insisted Monday that their proposed mega-merger will benefit consumers as they gird for anti-trust challenges from politicians and regulators.
Solar equipment prices plunge on supply glut, fueling job losses
Use of solar power is soaring, but Europe's biggest solar panel manufacturer, SolarWorld, took the surprise step last month of cutting 500 jobs from its workforce of 3,000.
Nissan hires 300 for connected car technology
The top executive overseeing connected vehicles at Nissan and Renault believes the benefits of developing a common technology for connectivity within the Japanese and French auto partnership outweigh the risks of sustaining huge damage from a possible defect or cyberattack.
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