EBay forecast disappoints amid competition from Amazon, Walmart
EBay Inc forecast first-quarter revenue below analysts’ estimates on Tuesday, as the e-commerce company faces fierce competition from Amazon.com Inc and Walmart Inc ....
Starbucks plans to launch plant-based breakfast sandwich this year
Starbucks Corp said on Tuesday it would introduce a breakfast sandwich this year with a plant-based patty in the United States and Canada....
Airbus faces record $4 billion fine after bribery probe
Airbus faces a record $4 billion fine and lower 2019 profits after unveiling a preliminary deal with French, British and U.S. authorities following a crippling...
Apple iPhone back to growth after a year’s slump
Apple Inc on Tuesday reported sales and profits for the holiday shopping quarter above Wall Street expectations, powered by a rise in iPhone sales for...
Starbucks sees hit as coronavirus prompts over 2,000 China store closures
Starbucks Corp on Tuesday became the first major U.S. company to warn of a financial hit from the new coronavirus outbreak in China, as it...
AMD revenue forecast disappoints on weak console demand
Advanced Micro Devices Inc forecast current-quarter revenue below analysts’ estimates on Tuesday, as demand wanes from console makers ahead of new launches....
Exclusive: Do or die – Nissan takes the axe to the house Ghosn built
Nissan is planning aggressive cost cuts to deal with an unexpected slump in sales as the expansionist strategy it inherited from fugitive former Chairman Carlos...
AMD forecasts current-quarter revenue below estimates
Advanced Micro Devices Inc forecast current-quarter revenue below Wall Street estimates on Tuesday, due to waning demand from console makers such as Sony and Microsoft...
Exclusive: OxyContin maker Purdue is ‘Pharma Co X’ in U.S. opioid kickback probe – sources
OxyContin maker Purdue Pharma LP is the unnamed company that surfaced in criminal charging documents filed earlier this week in a probe of illegal kickbacks...
Deutsche Bank delays raises to fixed pay after changing annual date for pay adjustments
Deutsche Bank AG has delayed raises to fixed pay compensation at the German bank by three months until after April 1, citing the need to...