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Wednesday, April 29, 2015
Removal of GMO from food complete: Chipotle
Chipotle says it has completed phasing out genetically modified ingredients from its food, making it the first national fast-food chain to do so.
ESPN suing Verizon over sports channel
ESPN is suing Verizon in an escalating clash over how the popular sports channel is being sold in a discounted pay-TV package.
Truck drivers who haul goods from docks at the nation's busiest seaport complex walked off the job Monday in a dispute over their earnings and employment status, but port officials said the impact on international commerce appeared to be minimal.
Nippon Steel & Sumitomo Metal said Tuesday its net profit fell almost 12 percent in its fiscal year to March, as plunging oil prices led to losses at a Brazilian affiliate.
Apple on Monday reported a sharp rise in its quarterly profit, lifted by robust sales of its iPhones and a jump in revenue from China.
Honda's profit for the fiscal fourth quarter dropped 43 percent as the costs of air bag recalls offset the positives of a weak yen and strong vehicle sales in Asia.
Chinese energy giant PetroChina said its net profit plunged 82 percent year-on-year in the first three months of the year, blaming the plunge in international oil prices.
Japanese electronics giant Panasonic said Tuesday that its annual profits soared 49 percent owing to strong results at its lesser-known auto parts unit and lower costs linked to a sweeping restructuring.
Asian stock markets were lower Tuesday, taking a cue from losses on Wall Street ahead of earnings from major Asian companies and the Federal Reserve's policy meeting.
The U.S dollar edged up Tuesday with investors focusing on a Federal Reserve policy meeting as expectations for a June interest rate hike fade.
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