samsung-electronics

Samsung chief questioned behind closed doors in arrest warrant hearing

A South Korean judge questioned Samsung Group leader Jay Y. Lee behind closed doors on Wednesday to decide whether he should be arrested over his alleged role in a corruption scandal that led parliament to impeach President Park Geun-hye. Lee, 48, in dark overcoat and purple necktie, did …

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Samsung chief questioned behind closed doors in arrest warrant hearing

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U.S. loses bid to overturn AmEx antitrust decision

A federal appeals court on Thursday rejected the U.S. government's request that it reconsider its decision allowing American Express Co to stop merchants from encouraging customers to use rival cards that charge lower fees. Without comment, the 2nd U.S. Circuit Court of Appeals let stand its Sept. 26 reversal of

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U.S. loses bid to overturn AmEx antitrust decision

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Boeing nears $10.1 billion order from India’s Spicejet: Bloomberg

(Reuters) – Indian budget airline SpiceJet Ltd is expected to order at least 92 Boeing Co 737 jetliners, as it looks to bolster its presence in the world's fastest growing aerospace market, Bloomberg reported on Thursday.

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Boeing nears $10.1 billion order from India’s Spicejet: Bloomberg

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Samsung Electronics forecasts fourth-quarter profit at over three-year high

Samsung Electronics Co Ltd said on Friday its fourth-quarter profit likely leapt 50 percent from a year earlier to its highest level in more than three years, beating expectations on strong chip sales …

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Samsung Electronics forecasts fourth-quarter profit at over three-year high

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Samsung to unveil shareholder return plans amid calls to split company

By Se Young Lee SEOUL (Reuters) – Samsung Electronics Co Ltd said it will disclose plans to boost shareholder value on Tuesday – a move that comes amid pressure from U.S. fund Elliott Management to split the company in two and provide more in payouts. The U.S. activist hedge fund, which owns 0.6 percent of Samsung, called on the South Korean tech giant in October to divide itself into a holding vehicle for ownership purposes and an …

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Samsung to unveil shareholder return plans amid calls to split company

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U.S. bans Samsung Galaxy Note 7 smartphones from air travel

Samsung Galaxy Note 7 smartphone devices will be banned from aircraft in the United States starting on Saturday at noon EDT (1600 GMT) under an emergency order, regulators said on Friday after numerous reports of the

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U.S. bans Samsung Galaxy Note 7 smartphones from air travel

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Exclusive: Hershey CEO Bilbrey prepares to step down – sources

(Reuters) – The chief executive of Hershey Co , the chocolate company that Oreo cookie-maker Mondelez International Inc tried to acquire earlier this year, is preparing to step down by next summer, people familiar with the matter told Reuters on Thursday.

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Exclusive: Hershey CEO Bilbrey prepares to step down – sources

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Verizon says Yahoo hack ‘material,’ could affect deal

By David Shepardson WASHINGTON (Reuters) – Verizon Communications Inc said on Thursday it has a “reasonable basis” to believe Yahoo Inc's massive data breach of email accounts represents a material impact that could allow Verizon to withdraw from its $4.83 billion deal to buy the technology company. Verizon's general counsel Craig Silliman told reporters at a roundtable in Washington…

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Verizon says Yahoo hack ‘material,’ could affect deal

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Samsung expects another $3 billion hit to profit from Note 7 failure

Samsung Electronics Co Ltd on Friday said it expects to take a hit to its operating profit of about $3 billion over the next two quarters due to the discontinuation of its fire-prone Galaxy Note 7 smartphone. The outlook brings to more than $5 billion the total losses the global smartphone leader has forecast as a result of the overheating issues, after it said on Wednesday it would suffer a $2.3 …

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Samsung expects another $3 billion hit to profit from Note 7 failure

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South Korea orders battery safety measures for Samsung Note 7

South Korea said on Thursday it ordered Samsung Electronics Co Ltd to take additional measures to ensure that batteries used in Galaxy Note 7 handsets are safe, as the firm prepares to resume sales of the smartphone in South Korea. The firm is already issuing replacement devices using what it says are safe batteries in

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South Korea orders battery safety measures for Samsung Note 7

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