Business

Archive by category ''Business

  • BUSINESS

    Ericsson in $260 million first-quarter profit

    Wireless equipment maker Ericsson says first-quarter profit increased to 1.7 billion kronor ($260 million) mainly because of restructuring and licensing income even as revenue fell by 9 percent compared to the same period a year earlier.

  • BUSINESS

    Survey: China manufacturing shrinks for 4th month

    Factory activity in China shrank for the fourth straight month in April, though the decline was slightly slower, a survey on Wednesday said, in a possible sign the slowdown in the world's No. 2 economy is stabilizing.

  • BUSINESS

    Internet TV case: Justices skeptical, concerned

    Grappling with fast-changing technology, Supreme Court justices debated Tuesday whether they can protect the copyrights of TV broadcasters to the shows they send out without strangling innovations in the use of the internet.

  • BUSINESS

    Australia lifts F-35 order from 14 to 72 fighters

    Australia announced Wednesday that it had increased its order for F-35 Joint Strike Fighters by 58 to 72 to be fully operational by 2023 in a declaration of confidence in the troubled stealth war plane.

  • BUSINESS

    Aereo CEO speaks on company, Supreme Court case

    Television broadcasters face off at the U.S. Supreme Court on Tuesday with Aereo, a company that offers live TV over the Internet. The case hinges on whether the service constitutes a public performance in violation of copyright law.

  • BUSINESS

    GM, lawyers fight over bankruptcy protections

    General Motors Co. and a battalion of trial lawyers are preparing for an epic court fight over whether GM is liable for the sins of its corporate past.

  • BUSINESS

    Toyota sells 2.58 million vehicles, outselling GM

    Toyota kept its position at the top in global vehicle sales for the first quarter of this year, outpacing rivals General Motors and Volkswagen.

  • BUSINESS

    Finalists named in Bloomberg European city contest

    Amsterdam wants to create an online game to get unemployed young people engaged in finding jobs across Europe. Schaerbeek, Belgium, envisions using geothermal mapping to give households personalized rundowns of steps to save energy. Gdansk, Poland, is proposing to require officials to debate ideas...

  • BUSINESS

    Investor pressure pushing drugmaker M&A deals

    Drugmakers eager to satisfy shareholders by boosting profits and share prices are wheeling, dealing and in one case even making trades like a pro sports team looking to shake up its roster. The moves could spur more mergers and acquisitions in the industry.

  • BUSINESS

    Microsoft expands ad-free Bing search for schools

    Microsoft is expanding a program that gives schools the ability to prevent ads from appearing in search results when they use its Bing search engine. The program, launched in a pilot program earlier this year, is now available to all U.S. schools, public or private, from kindergarten through the...

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