More Top Stories in Business

Tata may find dismissing Mistry easier than his accusations

Tata Group Chairman Ratan Tata attends the annual general meeting of Tata Steel Ltd., in Mumbai, India August 14, 2012. REUTERS/Danish Siddiqui/File PhotoMore By Douglas Busvine and Aditi Shah NEW DELHI (Reuters) - Ratan Tata may have dumped Cyrus Mistry as chairman of his 148-year-old family ...

Yahoo! Finance · 57 minutes ago

Qualcomm Makes $39 Billion Bet on Car Tech -- WSJ

San Diego-based Qualcomm isn't the first tech company to eye the automotive industry for expansion, and the jury is still out on whether the deal will help make cars smarter and safer. But it shows the degree to which interest in turning cars into digital-technology showcases have cast a gold ... · 5 hours ago

Ads Boost Alphabet, Fueled by Phone Use -- WSJ

Google parent Alphabet Inc. reported a 27% surge in third-quarter profit Thursday, extending a strong streak as users spend more time on smartphones and advertisers spend more dollars to reach them there. Alphabet -- the world's No. 2 company by market value, after Apple Inc. -- continues to grow at ... · 5 hours ago

Twitter To Trim Workforce By 9% -- WSJ

The cost-cutting moves, which include shutting down its Vine video app, come as Twitter reported dwindling revenue growth for the third quarter and another loss over $100 million. Revenue rose just 8.2%, compared with over 50% growth in the year-ago quarter. The social-media company is cutting ... · 5 hours ago

Oil prices edge lower on doubts over production cut deal

A worker checks an oil pipe at the Lukoil-owned Imilorskoye oil field outside the West Siberian city of Kogalym, Russia, in this January 25, 2016 file photo. REUTERS/Sergei KarpukhinMore By Karolin Schaps LONDON (Reuters) - Oil prices edged lower on Friday and were set for the biggest weekly losses ...

Yahoo! Finance · 3 hours ago

GE in talks with Baker Hughes for possible deal

File photo taken in 2013 shows a Baker Hughes office in Fort McMurray, Alberta, Canada.(Photo: Brent Lewin/Bloomberg via ) General Electric is in talks for a possible deal with oil services provider Baker Hughes, which could result in the industrial manufacturer shedding much of its energy business. ...

USA Today · 32 minutes ago

ZTO: Keep Clear of Chinese E-commerce Belly Flop

The biggest initial public offering in the U.S. failed to deliver. Investors shouldn’t keep waiting for the package to show up. Chinese logistics firm ZTO Express, which delivers parcels for e-commerce firms like Alibaba and, plunged 15% from its IPO price in its trading debut Thursday. ...

Wall Street Journal · 3 hours ago

Costs of misdeeds and revamp take toll on RBS

The logo of the Royal Bank of Scotland (RBS) is seen at an office building in Zurich March 27, 2015. REUTERS/Arnd Wiegmann/FilesMore By Andrew MacAskill and Lawrence White LONDON (Reuters) - Higher misconduct costs and restructuring charges led to a third quarter loss at Royal Bank of Scotland, ...

Yahoo! Finance · 59 minutes ago

AB InBev cuts revenue forecast after triple blow in Brazil

View of Anheuser-Busch InBev logo outside the brewery headquarters in Leuven August 12, 2010. REUTERS/Jan Van De VelMore By Philip Blenkinsop BRUSSELS (Reuters) - Anheuser-Busch InBev (ABI.BR), the world's largest brewer, reported one of its weakest quarters in years as margins collapsed in ...

Yahoo! Finance · 3 hours ago

Gold steadies as market awaits U.S. GDP data

A woman is reflected in a mirror as she tries on a necklace at a jewellery showroom on Akshaya Tritiya, a major gold buying festival, in Kolkata, India, April 21, 2015. REUTERS/Rupak De Chowdhuri/File PhotoMore By Zandi Shabalala LONDON (Reuters) - Gold steadied on Friday after a week of lacklustre ...

Yahoo! Finance · 2 hours ago