Sony takes $1 billion writedown on its movie business Sony takes $1 billion writedown on its movie business:- Sony Corp (6758.T) will write down the value of its movie business by nearly 112.1 billion yen ($976 million) in the third quarter, blaming weaker film profits as online streaming services sap […]
Canon sees first profit gain in three years after medical unit acquisition Canon sees first profit gain in three years after medical unit acquisition:- Japanese camera and printer maker Canon Inc forecast full-year operating profit to climb 11.4 percent, its first rise in three years, bolstered by earnings from a […]
Nintendo returns to quarterly operating profit but cuts full-year outlook Nintendo returns to quarterly operating profit but cuts full-year outlook:- Japanese videogames maker Nintendo Co Ltd on Tuesday said revenue from its nascent mobile gaming division helped it book its first profit in four quarters, but blunted the announcement with […]
Tech companies to meet on legal challenge to Trump immigration order Tech companies to meet on legal challenge to Trump immigration order:- A group of technology companies plans to meet on Tuesday to discuss filing an amicus brief in support of a lawsuit challenging U.S. President Donald Trump’s order restricting […]
Trump order targeting business rules leaves key regulations untouched Trump order targeting business rules leaves key regulations untouched:– President Donald Trump signed an order on Monday that will seek to dramatically reduce federal regulations, but the policy will not apply to most of the financial reform rules introduced by the […]
Wal-Mart offers free two-day shipping in latest attempt to compete with Amazon Wal-Mart offers free two-day shipping in latest attempt to compete with Amazon:-Â Wal-Mart Stores Inc (WMT.N) will offer U.S. shoppers free two-day shipping on a minimum order of $35 starting Tuesday, its latest attempt to compete with rival Amazon.com […]
U.S. consumer spending, housing data bolster economic outlook U.S. consumer spending, housing data bolster economic outlook:- U.S. consumer spending accelerated in December as households bought motor vehicles and cold weather boosted demand for utilities amid a rise in wages, pointing to sustained domestic demand that could spur economic growth in […]
How Toyota, Target, Best Buy are fighting back against Republican border tax push Days before a group of Republican lawmakers were due to discuss their party’s controversial proposal to tax all imports, Toyota Motor Corp (7203.T) sent an urgent message to its U.S. dealers – tell the politicians the tax […]
Peanuts, home of Snoopy and Charlie Brown, up for sale Peanuts, home of Snoopy and Charlie Brown, up for sale:- U.S. brand management company Iconix Brand Group Inc is exploring a sale of its majority stake in Peanuts Worldwide LLC, which owns the rights to cartoon strip characters Snoopy and […]
Asian shares rattled by Trump policy worries, dollar soft Asian shares rattled by Trump policy worries, dollar soft:- Asian shares slipped on Tuesday as stringent curbs on travel to the United States ordered by President Donald Trump brought home to investors that he is serious about carrying out his controversial […]
