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Lenovo Third Quarter Profits Plummet

Tech company Lenovo posts a drop in its third quarter profits as it faced "sizeable" challenges in its business.

Feb 19, 2017 9:11 PM EST


Retail Spending in UK Rises Slightly in January

UK retail spending sees 1.5 percent growth year-on-year in January 2017 compared with January 2016. Retail spending in the UK saw a 1. 5 percent growth year-on-year in January 2017 compared with January 2016, the lowest growth the sector has had since November 2013, according to the latest official figures of the Office of National Statistics (ONS).

Feb 19, 2017 8:12 PM EST


CBS Corp Posts 45.6 Percent Drop In Quarterly Profit

Mass media company, CBS Corporation, posts quarterly profit decrease. Mass media company, CBS Corporation, posted a 46. 5 percent decrease in quarterly profit, hurt mainly by a one-time pension settlement charge in the fourth quarter of 2016.

Feb 15, 2017 9:11 PM EST


Toshiba chair quits hours after conglomerate reveals $3.4 billion loss

Toshiba's chairman steps down shortly after the Japanese multinational conglomerate reported a multi-billion-dollar loss.

Feb 15, 2017 1:08 AM EST


Apple Ends Losing Streak, Posts Rise In Sales After Nine Months

Apple CEO Tim Cook says the company had the highest quarterly revenue ever, adding they have also returned close to $15 billion to investors through share repurchases and dividends.

Feb 02, 2017 2:53 AM EST


Amazon to Build Its Own $1.5 Billion Air Hub For Its Own Cargo Airline

Online giant, Amazon, is expanding fast and creating thousands of jobs in the United States, its Prime Air hub will support its dedicated fleet of Prime Air cargo planes.

Feb 01, 2017 9:53 PM EST


Sense of Unease Permeates Wall Street With Trump's New Policies

President Donald Trump is starting to worry Wall Street with the major changes in foreign policies. Economic isolation may result in these changes.

Feb 01, 2017 9:30 PM EST


Oil and Trump: Russians full of optimism in Davos

A year ago russians felt depressed because the price of oil plummeted and the West imposed sanctions, but today the price of oil has increased and soon Trump will ease the sanctions.

Jan 18, 2017 5:15 PM EST


Jump in manufacturing, tight labor markets show U.S. economic health: Fed

The Fed states that the US economy is improving, there is a revitalization of manufacturing and the labor market has become very tight lately.

Jan 18, 2017 5:15 PM EST


Wall Street falls with financials, other post-election gainers

US stocks fell due to protectionist trade policies planned by Trump, the concerns pushed the dollar to its lowest in more than a month

Jan 18, 2017 9:23 AM EST


Dollar dips on Trump comments; sterling heads for biggest rise since 2008

Donald Trump states that the strong dollar is killing US companies when trying to compete with China. The dollar fell because of his comments.

Jan 17, 2017 4:27 PM EST


Boeing cautiously announces $16 billion Iran deal amid Trump's tariff threats

Boeing explained in their statement that the deal with Iran, which had agreed on a nuclear accord during the Obama administration, would translate to tens of thousands of jobs in the U.S. that would in turn boost the economy as a whole.

Dec 11, 2016 11:53 PM EST