Tuesday, 7 May 2024

Business

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Apple services business grows; CEO Cook says China tensions ease

(Reuters) – Apple Inc reported sharp growth in its services business on Tuesday and Chief Executive Tim Cook said trade tensions between the United States and China were easing, helping boost the company’s shares after hours even though iPhone sales dipped in the holiday shopping quarter for the first time. Apple said sales for the […]

Apple services business grows, CEO Cook sees China tensions ease

(Reuters) – Apple Inc reported sharp growth in its services business and Chief Executive Tim Cook said trade tensions between the United States and China were easing, helping the technology company’s shares up after hours even as iPhone sales dipped in the holiday shopping quarter for the first time. Apple said sales for the current […]

Cryptocurrency thefts, scams hit $1.7 billion in 2018: report

NEW YORK (Reuters) – Cryptocurrencies stolen from exchanges and scammed from investors surged more than 400 percent in 2018 to around $1.7 billion, according to a report from U.S.-based cyber security firm CipherTrace released on Tuesday. Of the $1.7 billion, the report, which looks at criminal activity in the digital currency market, said $950 million […]

Double-headed jumpers you can wear with your dog now exist

Just in case you need another way to show your dog just how much you really love them, you can now buy a double-headed jumper for the both of you. The bizarre sweaters have two head holes and can be worn by you and your dog, or you and your partner, or even you and […]

U.S. senator asks J&J for documents on talc, baby powder safety

(Reuters) – U.S. Democratic Senator Patty Murray sent a letter to Johnson & Johnson on Tuesday seeking information related to allegations in a Reuters Special Report that the healthcare company knew about the presence of asbestos in its talc-based baby powder. The letter addressed to J&J Chief Executive Alex Gorsky asks for documents and information […]

Verizon sees no increase in 2019 profit, misses fourth-quarter revenue estimate

(Reuters) – Verizon Communications Inc on Tuesday missed quarterly revenue estimates, but added almost twice as many new wireless subscribers as analysts expected. The company forecast that adjusted earnings per share for this year would be similar to 2018, and that it expected low-single-digit percentage growth for total revenue for the full year. Shares of […]

Domino's feels 'growing pains' but pizza firm had busiest week ever here in Christmas run-up

Domino’s Pizza expects to post full-year profits at the lower end of expectations but business across the UK and Ireland has proven robust. The pizza firm is to report full-year underlying pre-tax profit at the lower end of the consensus range (£93.9m to £98.2m) amid “growing pains” internationally. Weaker sales and integration challenges, particularly in […]

No deal, no problem: How Wetherspoon's boss is 'Brexit-ing up' his pubs

Wetherspoon’s boss Tim Martin says British business has nothing to fear from leaving the European Union without a deal, and to prove it he’s “Brexiting” his pubs by swapping French champagne and cognac for English sparkling wine and Australian brandy. The 63-year-old entrepreneur has just completed a two-month tour of 100 of his pubs to […]