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Microsoft profit up as demand for cloud service soars

January 27, 2017 by · Leave a Comment 

Microsoft Corp reported a 3.6 percent rise in fiscal second-quarter profit on Thursday, helped by growth in its fast-growing cloud computing business, but it saw a slight decline in margins in the unit that includes its flagship cloud platform Azure. Since taking charge in 2014, Chief Executive Satya Nadella has…

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Microsoft profit up as demand for cloud service soars

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Alphabet posts strong revenue growth, higher taxes hit earnings

January 27, 2017 by · Leave a Comment 

Google parent Alphabet Inc posted fourth-quarter profit below analysts' estimates on Thursday, hurt by a higher tax rate, but analysts cheered the company's progress in diversifying its business beyond advertising. While advertising still accounts for the lion's share …

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Alphabet posts strong revenue growth, higher taxes hit earnings

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Three U.S. states sue Volkswagen, say executives covered up diesel cheating

July 20, 2016 by · Leave a Comment 

By David Shepardson WASHINGTON (Reuters) – Senior executives at Volkswagen AG including its former chief executive covered up evidence that the German automaker had cheated on U.S. diesel emissions tests for years, three U.S. states charged on Tuesday in civil lawsuits against the company. New…

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Three U.S. states sue Volkswagen, say executives covered up diesel cheating

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Luxottica sues BCBG Max Azria over Wayfarer sunglasses trademark

June 9, 2016 by · Leave a Comment 

By Jonathan Stempel (Reuters) – Luxottica Group Spa , the maker of Ray-Ban sunglasses, has sued BCBG Max Azria Group LLC, accusing the fashion house of knowingly infringing its famous Wayfarer trademark. The complaint, filed on Wednesday with the U.S. District Court in Los Angeles, said BCBG Max Azria's unauthorized sale of infringing eyewear was

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Luxottica sues BCBG Max Azria over Wayfarer sunglasses trademark

its-business

Toshiba to unveil business plan on Friday

March 15, 2016 by · Leave a Comment 

Japan's Toshiba Corp announced it will unveil on Friday its business strategy for the next fiscal year, which, analysts say, will include plans to boost its finances after a $1.3 …

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Toshiba to unveil business plan on Friday