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Friday, February 5, 2016
Hon Hai appears to lead in bid for Sharp
Sharp Corp. said Thursday that cooperating with Hon Hai Precision Industry (鴻海) would yield a synergistic effect, but declined to state that the Taiwanese company's rescue plan has been chosen, as reported in the media.
People planning to visit the newly opened Mitsui Outlet Park in New Taipei City's Linkou District over the Lunar New Year holiday are advised to take either buses or a free shuttle service, as the outlet will close its parking lot between noon and 6 p.m. every day during the holiday, local transport authorities said Thursday.
Royal Dutch Shell said fourth-quarter earnings tumbled 44 percent as the collapse in oil prices took its toll on another European oil company.
Amazon is declining comment on reports it may be planning to open more bookstores.
Johnson & Johnson, ViaCyte testing possible diabetes cure
Johnson & Johnson, continuing its long quest for a Type 1 diabetes cure, is joining forces with biotech company ViaCyte to speed development of the first stem cell treatment that could fix the life-threatening hormonal disorder.
Delta Air Lines CEO Anderson to retire, president takes over
Richard Anderson, who oversaw Delta Air Lines' transformation into one of the world's most profitable airlines, will retire this May. His right-hand man, airline president Ed Bastian, will take over as CEO, the Atlanta-based airline said Wednesday.
Toyota to discontinue Scion following years of slumping revenues
Toyota is killing its Scion brand after years of slumping sales. Beginning in August, 2017 model-year Scion vehicles will be rebadged as Toyotas. The FR-S sports car, iA sedan and iM 5-door hatchback, as well as the C-HR, which recently debuted at the L.A. Auto Show, will be a part of the Toyota line-up. The tC will have a final release series edition and end production in August, according to Toyota Motor Corp.
Microsoft wants you using Windows 10, whether you like it or not
If you're running an older version of Windows, you might suddenly find Microsoft's Windows 10 upgrade already downloaded on your machine.
If you're an automaker, especially one from Detroit, conditions probably aren't going to be better for you to make a lot of cash.
Anglo-Swedish drug firm AstraZeneca says revenue will decline this year as it loses patent exclusivity in the United States on its top selling anti-cholesterol drug Crestor.
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