Friday, August 15, 2014
Macy's Inc. on Wednesday reported a 4 percent profit increase in its fiscal second quarter as business rebounded from slow sales earlier in the year.
Australian media company Fairfax reported a AU$224.4 million (US$208.7 million) annual net profit Thursday, returning to the black after three years of losses even as print advertising revenues slid further.
Australia's dominant telecom company Telstra posted a 14.3 percent jump in annual net profit to AU$4.28 billion (US$3.98 billion) Thursday, boosted by the sale of its Hong Kong mobile business CSL.
Thursday, August 14, 2014
Lin Wei-shan (林蔚山), chairman of the Tatung Company, one of Taiwan's leading home appliances makers, yesterday was sentenced to eight years in prison and fined NT$300 million by the Taiwan High Court on charges of violating the Securities and Exchange Act and breach of trust.
Taiwan had the second most users of Yahoo Inc.'s mobile apps of any market in the Asia-Pacific region as of June, behind only India, the Internet portal said Wednesday, attributing the result in part to releases of Taiwan-exclusive apps.
Cathay Pacific said Wednesday its first-half net profit soared to HK$347 million (US$44.77 million) on higher passenger demand, but the Hong Kong flag carrier warned of a “challenging” outlook as surging competition held down fares.
Apple primarily relies on white and Asian men for its top-paying technology jobs, feeding the perception that Silicon Valley's economic boom is largely excluding women, blacks and Hispanics.
Sony said Wednesday that global sales of its PlayStation 4 console have surged past the 10-million mark in less than a year, a record for the Japanese electronics giant.
Google's new company aimed at addressing problems of health and aging has taken a step forward — with its own website and mission statement.