Business

For Largest U.S. Companies, Jobs Growth Has Lagged Profits, Revenues

Employment growth at the largest U.S. companies has lagged far behind increases in revenue and operating profit since the start of the century, as firms reaped the benefits of globalization, technology, and other ways to operate more productively, according...

Israelis, Gaza Militants Fight On, Defying Truce Efforts

Israel launched more than 30 aerial attacks in Gaza on Saturday, killing five Palestinians, and militants fired rockets at Israel as the conflict entered a second month, defying international efforts to negotiate an agreement for an extended ceasefire. The violence...

U.S. Urges India To Step Up As Regional Power

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The United States urged India on Saturday to bolster its role as a global power and force for regional stability, ahead of Prime Minister Narendra Modi's first visit to Washington since his election in May. In a speech wrapping up...

China Jails British Investigator Humphrey Linked To GSK

A British company investigator, Peter Humphrey, has been sentenced to two-and-a-half years in jail for trafficking personal data in China. The Shanghai court also sentenced his American wife Yu Yingzeng to two years. GlaxoSmithKline (GSK) China, which is being investigated for...

Judge Rejects $324.5 Million Settlement Over Apple, Google Hiring

Four Silicon Valley companies including Apple and Google failed to persuade a U.S. judge to sign off on a $324.5 million settlement to resolve a lawsuit by tech workers, who accused the firms of conspiring to avoid poaching each...

UBA GMD/CEO Urges African Banks To Use US-Africa Business Leaders Summit To Grow Capacity

BEVERLY HILLS, August 08, (THEWILL) - The Group Managing Director/CEO, UBA Plc  Mr. Phillips Oduoza has called on financial institutions in Africa to seize the opportunity provided by the President Obama led US-Africa Business Leaders Summit and the enthusiasm...

China Prosecutors Charge GSK-Linked Investigators With Illegally Obtaining Data

Chinese prosecutors on Friday charged a British investigator and his American wife with illegally obtaining private information in a case that is seen as key to a bribery investigation against GlaxoSmithKline Plc (GSK.L). The couple ran risk consultancy ChinaWhys, which...

Boeing, United Technologies Stock Up Titanium Parts From Russia: WSJ

Boeing and United Technologies have been amassing titanium parts from Russian producer VSMPO-Avisma in case tensions between the United States and Russia disrupt supply of the metal critical to building jetliners, the Wall Street Journal reported, citing an industry...

President Jonathan Seeks More U.S. Investment In Nigeria

…As Bilateral Trade Volume Hits $36 bn SAN FRANCISCO, August 07, (THEWILL) – President Goodluck Jonathan said Wednesday in Washington DC that the volume of trade between Nigeria and the United States, which has risen to a record level of $36...

MTN Attracts Data Users While Seeking To Sell Nigeria Towers

MTN Group Ltd. (MTN) first-half profit increased and data revenue soared while Africa’s largest wireless operator said it’s in advanced talks to sell its tower business in Nigeria. Headline earnings per share, which exclude one-time items, rose 9 percent to...