Tap to expand image Apple’s iPad business, long thought to be the future of the company, isn’t acting like it.
Tap to expand image Microsoft just reported revenue for the June quarter of $23.38 billion, stronger than most analysts had forecasted.
Apple continues to grow very slowly ahead of new product introductions. Total revenue grew 6% from last year, roughly the same rate it has grown over the past four quarters.
So much for delivering a “deathblow” to Herbalife. That’s what the hedge fund manager Bill Ackman vowed to do on CNBC yesterday, prior to his screed against Herbalife today, which lasted more than three hours.
Despite a successful quarter that handily beat analyst expectations, Chipotle is not satisfied. In recent earnings calls, the US fast-food chain’s co-CEO, Montgomery Moran, has provided consistent updates on one of the company’s core obsessions—serving as many people as possible during its peak hours, when lines often snake out the door of some restaurants and cause bottlenecks.
LOS ANGELES—For the past two weeks at the Television Critics Association’s summer press tour, network execs have trotted out the shows they hope will connect with audiences during the upcoming season.
Tap to expand image The numbers: Disappointing. The Coca-Cola Company reported second-quarter profits of $2.6 billion, down 3% from the same period last year.
Russian president Vladimir Putin has spoken with Dutch prime minister Mark Rutte in four of the past five days, including this morning.
Opinions remain divided about the health of China’s economy and the country’s future growth prospects, but one thing is for sure—the country’s debt load is massive—and it’s growing fast.
Bring on the regulatory scrutiny. That’s the message that CIT Group’s CEO, John Thain, has sent to the US government.
Federal Reserve researchers argue that the central bank has been right not to give up on the ranks of America’s long-term unemployed.
Europe has mustered only a weak collective response to the apparent missile strike on a Malaysian airliner.
There are at least one billion tons of plastic in the ocean. Creative solutions abound, but few strike marine conservation experts as practical or praise-worthy. Too often, says ecologist Andrew David Thaler, projects like floating plastic-filter machines amount to little more than “concept art.“ According to Thaler, a marine science PhD and ocean-science website editor, the first “truly feasible” contraption to reduce ocean plastic is already in use: a solar-powered water wheel in Baltimore, Maryland.
Tap to expand image Comcast’s aggressive tactics to hold onto its cable subscribers have been getting a lot of attention lately.
LOS ANGELES — Best. App. Ever. That’s the early consensus from many in attendance at the Television Critics Association’s summer press tour as FX unveiled “Simpsons World,” its upcoming “ultimate Simpsons digital experience” that will contain all 552 episodes of The Simpsons, along with every other detail you’d ever want to know about the show.
A woman peers through goggles embedded in a large black helmet. Forest sounds emanate from various corners of the room: a bird chirping here, a breeze whispering there.
Amazon is a company that has divided investors for years. Its relentlessly fast-growing revenues typically translate into relatively diminutive profits because the company reinvests most of its enormous cash-flow into expanding its infrastructure and maintaining low prices—the idea being that at some point in the future, it can turn the profit screws on and reap enormous financial rewards.
Nancy Twine grew up making her grandmother’s recipes for soaps and hair care products developed on a West Virginia farm.
Last week, after watching another black man die at the hands of the New York City police, I can’t help but wonder whether there will ever be true equality for African Americans.
Now 17 months removed from the infamous “Poop Cruise,” Americans are starting to come around to Carnival again.