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Samsung Electronics Expects Third-Quarter Operating Profit to Be Its Highest Ever

Samsung Electronics Expects Third-Quarter Operating Profit to Be Its Highest Ever

Samsung Electronics Co. expects third-quarter operating profit will be its highest ever, topping analyst estimates as demand for its electronic components remains high.

Published 2 months ago

Successful GE turnround could grant new CEO a $230m payday

Successful GE turnround could grant new CEO a $230m payday

Larry Culp, the new chief executive of General Electric, could be given a payment in shares worth more than $230m if he succeeds in turning the company’s performance around to the point that its share price rises above $31 in four years’ time.

Published 1 second ago

India set to sign $5bn Russian missile deal during Putin visit

India set to sign $5bn Russian missile deal during Putin visit

Agreement likely to strain New Delhi’s strategic and defence ties with Washington

Published 1 second ago

West Accuses Russia of Persistent Campaign of Hacking by the Kremlin

West Accuses Russia of Persistent Campaign of Hacking by the Kremlin

U.S., British and Dutch authorities took a collective swing at Russian intelligence efforts, describing a persistent campaign by the Kremlin to hack into agencies that exposed Moscow’s alleged misdeeds.

Published 2 months ago

Elon Musk Tweet Appears to Mock the Securities and Exchange Commission

Elon Musk Tweet Appears to Mock the Securities and Exchange Commission

Tweet referencing the ‘Shortseller Enrichment Commission’ comes days after the Tesla chief executive settled with the regulator over fraud charges.

Published 2 months ago

Trump Aims to Model New Trade Deals on Revised Nafta

Trump Aims to Model New Trade Deals on Revised Nafta

The Trump administration aims to step up trade talks with other countries, using its new pact with Canada and Mexico as a template for redefining rules on everything from foreign exchange and labor markets to how U.S. partners do business with China.

Published 2 months ago

A Retirement Wealth Gap Adds a New Indignity to Old Age

A Retirement Wealth Gap Adds a New Indignity to Old Age

Many middle-class Americans are financially unprepared for retirement—and that is leading to an array of social tensions with neighbors on more solid footing, especially in planned communities. At one over-55 village, the debate has centered around pickleball and its costs.

Published 2 months ago

Donald Trump and the golden age of America’s oligarchy

Donald Trump and the golden age of America’s oligarchy

The US president shares basic traits with other scions of wealth

Published 1 second ago

Report Cites Weaknesses in Industries Vital to U.S. National Defense

Report Cites Weaknesses in Industries Vital to U.S. National Defense

U.S. industries tied to national defense face an “unprecedented set of challenges” that have weakened their ability to quickly make the arms and equipment the military would need to fight rivals such as China or Russia, says a new White House report.

Published 2 months ago

Bed Bath & Beyond Struggles to Clear the Clutter, Close the Price Gap

Bed Bath & Beyond Struggles to Clear the Clutter, Close the Price Gap

Bed Bath & Beyond survived the recession and outlasted rivals, positioning the seller of home-related items to benefit from a booming U.S. housing market. Instead, the chain is mired in a slump.

Published 2 months ago

Tokyo’s legendary Tsukiji fish market closes

Tokyo’s legendary Tsukiji fish market closes

Move of ‘Japan’s Kitchen’ prompts introspection in a nation normally quick to embrace the new

Published 1 second ago

Trump Aims to Model New Trade Deals on Revised Nafta

Trump Aims to Model New Trade Deals on Revised Nafta

The Trump administration aims to step up trade talks with other countries, using its new pact with Canada and Mexico as a template for redefining rules on everything from foreign exchange and labor markets to how U.S. partners do business with China.

Published 2 months ago

West Accuses Russia of Persistent Campaign of Hacking by the Kremlin

West Accuses Russia of Persistent Campaign of Hacking by the Kremlin

U.S., British and Dutch authorities took a collective swing at Russian intelligence efforts, describing a persistent campaign by the Kremlin to hack into agencies that exposed Moscow’s alleged misdeeds.

Published 2 months ago

Elon Musk Tweet Appears to Mock the Securities and Exchange Commission

Elon Musk Tweet Appears to Mock the Securities and Exchange Commission

Tweet referencing the ‘Shortseller Enrichment Commission’ comes days after the Tesla chief executive settled with the regulator over fraud charges.

Published 2 months ago

Zuckerberg Seeks to Quell Employee Anger Over Facebook Executive’s Appearance at Kavanaugh Hearing

Zuckerberg Seeks to Quell Employee Anger Over Facebook Executive’s Appearance at Kavanaugh Hearing

Hundreds of Facebook employees have expressed outrage about a top global policy executive’s decision to support Supreme Court nominee Brett Kavanaugh by appearing at his hearing last week.

Published 2 months ago