More Top Stories in Business
Apple announced on Monday that it had sold over 10 million iPhone 6’s in the first three days of it being available. This is only 1 million more than the over 9 million iPhone 5c’s and 5s’ that it sold last year. While it looks like first weekend sales only increased by 11% year over year ...
Forbes.com · 55 minutes ago
Heirs to the Rockefeller family, which made its vast fortune from oil, are to sell investments in fossil fuels and reinvest in clean energy, reports say. The Rockefeller Brothers Fund is joining a coalition of philanthropists pledging to rid themselves of more than $50bn (£31bn) in fossil fuel ...
BBC · 2 hours ago
Treasury Secretary Jacob J. Lew’s crackdown on inversions will get an immediate test as eight U.S. companies with pending deals decide whether to proceed -- and other companies contemplating a foreign address now have to think twice. That’s exactly what Lew had in mind. “This action will ...
Bloomberg · 3 hours ago
All Starbucks coffee shops sell coffee. Some sell beer. But only a precious few sell coffee that many folks out in Social Media Land insist tastes a lot like beer. You read that right: a cup o' joe that tastes like a cup o' brew. Starbucks is testing a so-called Dark Barrel Latte in a "handful" of ...
USA Today · 6 hours ago
(Updates with remuneration in fifth paragraph.) Sept. 23 (Bloomberg) -- Tesco Plc said Alan Stewart will join the board as chief financial officer today, months earlier than planned, as the biggest British retailer handles the fallout from overstating its profit guidance. Stewart is taking up the ...
Washington Post · 1 hour ago
Dan Niles bought Yahoo Inc. shares in July. He dumped them last week having made a 17% profit.Mr. Niles, a founding partner at AlphaOne Capital Partners near San Francisco, isn't the only one selling. Yahoo shares have plunged 8.2% in the two trading days since Alibaba Group Holding Ltd. went public ...
Wall Street Journal · 6 hours ago
Thomson Reuters is the world's largest international multimedia news agency, providing investing news , world news , business news , technology news , headline news, small business news , news alerts, personal finance , stock market , and mutual funds information available on Reuters.com, video , ...
Reuters · 37 minutes ago
Sept. 23 (Bloomberg) -- Bloomberg's Caroline Hyde reports on Jimmy Choo beginning an initial public offering next month after its owner approved plans to sell a stake in the company. She speaks to Mark Barton and Anna Edwards on "Countdown." (Source: Bloomberg) . here with more on the brand is ...
Bloomberg · 49 minutes ago
BHP Billiton and Mitsubishi plan to cut 700 jobs at a joint coal mining venture in Australia because of tough market conditions. Both companies said they found the business was overstaffed following an operational review. The job cuts account for about 7% of the joint venture's total workforce. The ...
BBC · 1 hour ago
BEIJING (Reuters) - Activity in China's manufacturing sector unexpectedly picked up in September even as factory employment slumped to a 5-1/2-year low, a survey showed on Tuesday, a potential source of worry for Communist leaders who prize social stability above all else. The HSBC/Markit Flash ...
Yahoo! Finance · 3 hours ago