Thursday, February 1, 2018

Microsoft Reports Gains in Cloud-Computing Business

Microsoft Corp. took a $13.8 billion charge related to the new U.S. tax law but reported significant growth in its cloud operations, the business fueling the company’s resurgence.

from WSJ.com: US Business http://ift.tt/2nroTXQ
via IFTTT

Big Oil Returns to Drilling---but on a Budget

Big oil companies are resuming ambitious offshore projects, but this time they are keeping spending in check, as investors urge them to avoid a repeat of their overspending in the last oil rally.

from WSJ.com: US Business http://ift.tt/2BJ0ZeZ
via IFTTT

Qualcomm Expands Licensing Deal With Samsung

Qualcomm Inc. entered into an expanded deal with one of its biggest customers and beat revenue estimates in its latest quarter even as it swung to a deep loss.

from WSJ.com: US Business http://ift.tt/2nrDfYo
via IFTTT

Instagram Is Turning Into Facebook, and That's Bad

Facebook Inc. has owned Instagram since 2012 but the two have felt totally different—until recently, when Instagram started using many of the same digital tricks Facebook pioneered to keep you scrolling longer.

from WSJ.com: US Business http://ift.tt/2BJ0XDT
via IFTTT

Lenovo Books Loss on U.S. Asset Charges

Lenovo took a $400 million charge following the U.S. tax overhaul, pushing it to a net loss in the third quarter and missing analyst expectations as its mobile unit continued to struggle.

from WSJ.com: US Business http://ift.tt/2nrMO9F
via IFTTT

Wednesday, January 31, 2018

Food Distributors Accuse Tyson, Others of Manipulating Chicken Prices

The two largest food-distribution companies in the U.S. separately accused Tyson Foods, Pilgrim’s Pride, Sanderson Farms and other poultry suppliers of manipulating wholesale chicken prices.

from WSJ.com: US Business http://ift.tt/2FwSxl8
via IFTTT

Fox Wins Rights to NFL Thursday Night Games in Five-Year Deal

Fox Broadcasting has secured the broadcast television rights to the National Football League’s Thursday night football package for the next five years.

from WSJ.com: US Business http://ift.tt/2rV0MWj
via IFTTT