The Dodgers won in — what else — dramatic fashion, scoring three runs in the bottom of the ninth inning for their major league-leading 10th walk-off victory of the season. Trailing 4-2, Yasiel Puig's two-run ...
Wal-Mart Stores Inc on Thursday reported lower quarterly margins after it cut prices and invested heavily on expanding its e-commerce operations, and its shares fell nearly 3 percent. Investors shrugged ...
The world's largest retailer continues to make a big push into e-commerce.
Apple boss Tim Cook has added his voice to the chorus of condemnation of Donald Trump after the US President's response to the "alt-right" rally in Charlottesville, Virginia at the weekend. The news comes as bosses from both JP Morgan and BlackRock slammed the President in memos to workers. In an email to Apple staff, Mr Cook wrote: "Hate is a cancer, and left unchecked it destroys everything in its path. Its scars last generations. History has taught us this time and time again, both in the United States and countries around the world." Petition: Prevent Trump from state visit to UK The chief executive continued: “I disagree with the president and others who believe that there is a moral equivalence between white supremacists and Nazis, and those who oppose them by standing up for human rights. “We must not witness or permit such hate and bigotry in our country, and we must be unequivocal about it. This is not about the left or the right, conservative or liberal." Mr Cook said Apple would donate $1m each to Southern Poverty Law Center and the Anti-Defamation League and match two-for-one employees donations to these and other human rights group from now to September 30. Jamie Dimon, of JP Morgan Credit: Kimberly White/Getty Jamie Dimon, chief executive of JP Morgan, wrote to colleagues saying he "strongly disagreed" with President Trump's reaction to events in Charlottesville. "I know that times are tough for many. The lack of economic growth and opportunity has led to deep and understandable frustration among so many Americans," he said. "But fanning divisiveness is not the answer. Constructive economic and regulatory policies are not enough and will not matter if we do not address the divisions in our country. It is a leader's role, in business or government, to ...Read the rest of this story
The new CEO of Ford Motor Co. says the company isn't taking its eyes off the present as it prepares for transportation in the future. Jim Hackett, who replaced Mark Fields in May, says new mobility projects ...
Thursday's results show that Alibaba Group Holding Ltd (BABA.N), one of Asia's most valuable companies, is benefiting from more and more Chinese buying an increasing proportion of everything from food to clothing to luxury items online. Alibaba's stock is up by over 81 percent this year, lifted by steady increases in revenue for its commerce business and strong growth in its cloud computing and entertainment units, even as investments in offline stores are yet to pay off. Alibaba's revenue rose to 50.1 billion yuan ($7.51 billion)for the three months ended June 30, compared with analysts' average estimate of 47.7 billion yuan, according to Thomson Reuters I/B/E/S.
Foxconn, an electronics manufacturer formally known as Hon Hai Precision Industry Co Ltd , hopes to open a $10 billion plant in 2020 at a 1,000-acre site in southeastern Wisconsin. Foxconn is a major supplier to Apple Inc for its iPhones.
