Netflix, the streaming video giant, showed a rare moment of weakness last quarter when it reported that it lost domestic subscribers for the first time since starting its digital television service 12 years ago. It was an unhealthy sign in the face of looming rivals, but the internet juggernaut has another chance today to build […]
When it comes to vacuum cleaners, there's no brand quite as famous as the iconic Dyson. From its stylish exterior to its apparently genius design, Dyson is renowned for its array of high-tech cordless cleaners. The only downside? They don't come cheap, with the patented technology vacuum setting you back upwards of £100 each time. […]
NEW YORK (Reuters) – For the first time in nearly five years, Bank of America Corp (BAC.N) did not rely on cost cuts to amplify profits – the latest sign of big U.S. banks prioritizing investments in their businesses over short-term gains. On Tuesday, Bank of America reported better-than-expected quarterly results, helped by loan growth, […]
Lusher High School in New Orleans, Louisiana turned down a free lunch from Chick-fil-A offered to their teachers, “out of respect for our LGBTQ staff,” the school’s principal, Dr. Steven Corbett, said. The top U.S. fast food chain’s stance on same-sex marriage doesn’t match with the school’s values, according to a statement made by Dr. Corbett to […]
(Reuters) – Bank of America Corp (BAC.N) beat Wall Street estimates for quarterly profit on Wednesday as it earned more in advisory fees and its loan book expanded, easing concerns that lower interest rates would crimp growth at the second-largest U.S. bank. The lender’s shares rose 3% as consumer banking, BofA’s biggest business, showed strength […]
The Taoiseach has said he is confident an agreement between the UK and EU over Brexit can be reached by Wednesday night. Speaking on Wednesday, Leo Varadkar said he had spoken to Prime Minister Boris Johnson earlier that morning and he is optimistic progress is being made and that a deal could be ratified at […]
SHENZHEN, China/SHANGHAI (Reuters) – Huawei Technologies Co Ltd’s third-quarter revenue jumped 27%, driven by a surge in shipments of smartphones launched before a trade blacklisting by the United States expected to hammer its business. Huawei, the world’s biggest maker of telecom network equipment and the No. 2 manufacturer of smartphones, was all but banned by […]
(Reuters) – Bank of America Corp (BAC.N), the second-largest U.S. bank by assets, reported a 21% fall in quarterly profit on Wednesday, hurt mainly by a $2 billion pretax impairment charge. Net income applicable to common shareholders fell to $5.27 billion, or 56 cents per share, in the third quarter ended Sept. 30, from $6.70 […]
SINGAPORE (Reuters) – The date of entry into service of Boeing Co’s ultra-long-range 777-8 wide-body airliner will depend partly on customer demand, an executive said, with the planemaker hoping to win an order from Qantas Airways Ltd to supply the plane for Sydney-London flights. Qantas (QAN.AX) has said it could order Boeing’s (BA.N) 777-8 or […]
SINGAPORE (Reuters) – Boeing Co (BA.N) is committed to producing the ultra-long range 777-8 widebody model, but the timetable for it entering service is still under consideration, an executive at the U.S. planemaker said on Wednesday. The date could depend on factors such as customer demand for the plane, Darren Hulst, a senior marketing executive […]