Business

Time Warner Reports 11.47 Percent Rise In Revenue

Time Warner Inc (TWX.N), which is in the process of being bought by AT&T Inc (T.N), reported an 11.47 rise in quarterly revenue, helped by the success of the "Harry Potter" spinoff "Fantastic Beasts and Where To Find Them." The...

Disney CEO Iger Says He Is Open To Extending His Term

Chief Executive Bob Iger said on Tuesday he is open to extending his term as the head of Walt Disney Co (DIS.N), offering investors a sign of potential stability at the media company as it reported a dip in...

Bank Of America Opens Branches Without Employees

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Bank of America Corp has opened three completely automated branches over the past month, where customers can use ATMs and have video conferences with employees at other branches, according to spokeswoman Anne Pace. Like many U.S. banks in recent years,...

Trump’s Policies To Drive FX, But Strong Dollar Here To Stay: Reuters Poll

The dollar will resume its upward climb in the coming year, but extreme near-term moves in either direction are possible, driven more by U.S. President Donald Trump's expected fiscal stimulus than by his words, a Reuters poll found. After mostly...

U.S. Reversal On Transparency Could Sting Canadian, European Oil Companies

Canadian and European oil companies will find themselves at a competitive disadvantage to their American rivals if U.S. lawmakers scrap tighter transparency requirements on the industry, as expected, according to company executives, legal experts and trade groups. The U.S. Senate...

Battered Toshiba Seeks Exit From UK, India In Nuclear Retreat

Toshiba Corp plans to withdraw from its lead role in projects to build nuclear plants in Britain and India, sources with direct knowledge of the matter said, marking a retreat as it wrestles with an imminent multi-billion dollar writedown. Such...

FBI Request For Twitter Account Data

The FBI appeared to go beyond the scope of existing legal guidance in seeking certain kinds of internet records from Twitter (TWTR.N) as recently as last year, legal experts said, citing two warrantless surveillance orders the social media company...

Apple Strategy In ‘Smart Home’ Race Threatened By Amazon

In less than a year, Amazon's combination of the Echo speaker system and the Alexa voice-controlled digital assistant has come close to delivering on the elusive promise of easy-to-use technology that can control gadgets in the home with a...

Bonds And Reflation Fans Enjoy Trump’s Arrival: BAML

Donald Trump's first week in charge in the United States was the best for bond funds in four months, a good one for reflation enthusiasts and for emerging markets, fund flow data shows. Figures from Bank of America Merrill Lynch...

Yahoo Beats Wall Street View, Sees Verizon Deal Closing In Second Quarter

Yahoo Inc on Monday reported better-than-expected quarterly profit and revenue, and said the sale of its core internet business to Verizon Communications Inc should be completed in the second quarter, allaying some investor concerns that the deal might collapse. The...