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Why Do the Biggest Companies Keep Getting Bigger? It’s How They Spend on Tech

Why Do the Biggest Companies Keep Getting Bigger? It’s How They Spend on Tech

The secret of success for Amazon, Google and Microsoft is how much they invest in their own technology.

Published 3 months ago

After Trump’s Threat to Iran, White House Convenes a Policy Meeting

After Trump’s Threat to Iran, White House Convenes a Policy Meeting

Four days after President Trump’s stern warning to Iran’s president, national security adviser John Bolton is scheduled to hold a meeting of Pentagon and other top officials on the administration’s strategy on Iran.

Published 3 months ago

The Conference Call That Shook Investor Faith in Facebook

The Conference Call That Shook Investor Faith in Facebook

Comments about revenue growth, monetizing Instagram Stories and the impact of new privacy laws during the earnings conference call hit Facebook’s shares.

Published 3 months ago

Outflows From U.S. Stocks Swell as Investors Seek Refuge in Bonds

Outflows From U.S. Stocks Swell as Investors Seek Refuge in Bonds

Investors are fleeing U.S. stocks at a rapid clip as ongoing market volatility and trade tensions push them to seek safety among less risky assets such as U.S. Treasurys.

Published 3 months ago

Europe Welcomes Trade Steps With U.S. but Many Questions Remain

Europe Welcomes Trade Steps With U.S. but Many Questions Remain

European officials hailed a deal with the U.S. to avert a trade war despite a lack of details that could derail the vague accord and upend efforts to resolve outstanding issues.

Published 3 months ago

Big Oil’s New Strategy: Smaller Wells, Smarter Tech

Big Oil’s New Strategy: Smaller Wells, Smarter Tech

For years, oil giants vied to drill bigger, deeper, more complex wells. But an increasingly cost-conscious industry is experimenting with technology to open up resources long thought too small or remote to bother with

Published 3 months ago

Shell Kicks Off Big Oil Earnings With Growth Spurt

Shell Kicks Off Big Oil Earnings With Growth Spurt

The world’s biggest oil firms are on a winning streak of rising profits and soaring cash flow. Shell nearly tripled its net profit in the second quarter from a year earlier.

Published 3 months ago

American Airlines Lowers Outlook on Rising Fuel Costs

American Airlines Lowers Outlook on Rising Fuel Costs

American Airlines lowered its 2018 profit outlook, pressured by runaway fuel costs and flight delays in one of its subsidiaries.

Published 3 months ago

McDonald’s Revenue Falls as Company Sells Restaurants to Franchisees

McDonald’s Revenue Falls as Company Sells Restaurants to Franchisees

McDonald’s revenue fell as the fast-food giant sold company-owned stores to franchisees and operating income decreased as it restructured its operations.

Published 3 months ago

Insead suspends MBA welcome week after initiation complaints

Insead suspends MBA welcome week after initiation complaints

Two students at French business school complain about being tricked into humiliating acts

Published 1 second ago

WeWork China unit value jumps fivefold to $5bn after $500m round

WeWork China unit value jumps fivefold to $5bn after $500m round

Office space provider draws new backing from SoftBank, its Vision Fund and Temasek

Published 1 second ago

McDonald’s Revenue Falls as Company Sells Restaurants to Franchisees

McDonald’s Revenue Falls as Company Sells Restaurants to Franchisees

McDonald’s revenue fell as the fast-food giant sold company-owned stores to franchisees and operating income decreased as it restructured its operations.

Published 3 months ago

Comcast Earnings Rise on Broadband Growth

Comcast Earnings Rise on Broadband Growth

Comcast reported higher revenue and earnings for the second quarter, as growth in its broadband business helped mitigate the continued loss of cable-television subscribers.

Published 3 months ago

Europe Welcomes Trade Steps With U.S. but Many Questions Remain

Europe Welcomes Trade Steps With U.S. but Many Questions Remain

European officials hailed a deal with the U.S. to avert a trade war despite a lack of details that could derail the vague accord and upend efforts to resolve outstanding issues.

Published 3 months ago