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Snapchat to reveal financials within a week: sources

The sources, who cautioned that Snapchat's plans may still change, asked not to be named because the information is private. A spokeswoman for Snap Inc declined to comment. Snap Inc expects to go public as soon as March and could be valued at $20 billion to $25

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Snapchat to reveal financials within a week: sources

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Wells Fargo reports fifth straight decline in profit

(Reuters) – Wells Fargo & Co , the largest U.S. mortgage lender, reported its fifth straight decline in quarterly profit on Friday as it tries to recover from a bogus-accounts scandal.

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Wells Fargo reports fifth straight decline in profit

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Verizon executive says company unsure about Yahoo deal

Yahoo came under renewed scrutiny by federal investigators and lawmakers last month after disclosing the largest known data breach in history, prompting Verizon to demand better terms for its planned purchase. “I can't sit here today and say with confidence one way or another because we still don't know,” Marni Walden, president of product innovation and new businesses at

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Verizon executive says company unsure about Yahoo deal

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Exclusive: Dick’s wins auction for U.S. business of bankrupt Golfsmith – sources

Dick's plans to keep open at least 30 Golfsmith stores and wind down the rest with liquidators from Hilco Global and Tiger Capital Group, the people said. Golfsmith had 109 stores in the United States at the time of its bankruptcy filing last month, and has been closing stores since then. With the bid, Dick's, the largest U.S. sporting goods retailer, also won Golfsmith's intellectual

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Exclusive: Dick’s wins auction for U.S. business of bankrupt Golfsmith – sources

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Apple stock hits highest since December on Samsung Note 7 fire crisis

By Noel Randewich SAN FRANCISCO (Reuters) – Apple Inc's stock on Monday jumped 2.3 percent, reaching a high not seen since December, after rival Samsung Electronics Co Ltd suspended production of its flagship Galaxy Note 7 smartphones following reports of fires in replacement devices. Fires in the smartphones that were meant to replace devices that had been recalled because of their propensity to explode could be a disaster for Samsung and a potential boon to Apple. Apple's stock was up $2.66 at $116.72 in afternoon trading and was the largest contributor…

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Apple stock hits highest since December on Samsung Note 7 fire crisis

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Zuckerberg initiative poaches AstraZeneca board member

The $3 billion health initiative set up by Facebook co-founder Mark Zuckerberg and his wife Priscilla Chan has hired one of AstraZeneca's non-executive directors to head up its science drive. The British drugmaker said on Wednesday that Cornelia Bargmann would step down from its board next month to take up a new role as president of Chan Zuckerberg Science, part of the Chan Zuckerberg Initiative. Leif Johansson, AstraZeneca&#…

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Zuckerberg initiative poaches AstraZeneca board member

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South Korea to widen Takata air bag recall by 110,000 vehicles

South Korea said on Wednesday that 13 automakers will recall some 110,000 vehicles equipped with Takata Corp's defective air bags, the latest development in a long-running safety crisis involving the Japanese company. The United States in May announced a new round of recall of Takata's air bag inflators which have been linked to at least 14 deaths and more than 100 injuries and triggered the largest-ever auto recall. South Korea's transport ministry said a total of 221,870 vehicles

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South Korea to widen Takata air bag recall by 110,000 vehicles

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Takata failed to report 2003 air bag rupture to NHTSA

Japanese air bag supplier Takata Corp said it failed to inform the U.S. auto safety agency of a 2003 rupture of one of its air bag inflators in Switzerland, according to an internal Takata report released by U

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Takata failed to report 2003 air bag rupture to NHTSA

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Dell to cut 2,000-3,000 jobs as EMC deal closes: Bloomberg

Most of the job cuts will be in the United States, Bloomberg reported on Thursday, citing people familiar with the matter. The layoffs will be mainly in supply chain, marketing and general and administrative divisions, Bloomberg said, adding that the combined company has 140,000 employees. “As is common with deals of this size, there will be some overlaps we will need to manage

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Dell to cut 2,000-3,000 jobs as EMC deal closes: Bloomberg

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Google to buy software developer Apigee for $625 million

By Julia Love and Natalie Grover SAN FRANCISCO (Reuters) – Alphabet Inc's Google said on Thursday it is acquiring software developer Apigee Corp in a deal valued at about $625 million, the tech giant’s latest effort to claim a greater share of the lucrative cloud business. The service is critical for businesses transitioning to the cloud, Diane

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Google to buy software developer Apigee for $625 million

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