Business

Google Faces Antitrust Lawsuit On U.S. Mobile Internet Search

Consumer rights law firm Hagens Berman said it filed a nationwide antitrust class-action lawsuit against Google Inc alleging the company "illegally monopolized" the Internet and mobile search market in the United States. The lawsuit alleges that Google has expanded its...

Uduaghan Calls For National Master Plan For SMEs

SAN FRANCISCO, May 01, (THEWILL) – Delta State Governor, Dr. Emmanuel Uduaghan has advocated a national master plan for the development of small and medium scale industries to stimulate economic growth and boost employment. Governor Uduaghan who made the call...

Discounts Help T-Mobile Add More Customers

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T-Mobile US Inc said it added a net 2.4 million customers in the first quarter, up from 579,000 a year earlier, as the company's aggressive discounts won over customers. The No. 4 U.S. mobile operator's revenue rose 47 percent to...

MasterCard Quarterly Profit Rises 14 Percent

MasterCard Inc (MA.N), the world's second-largest debit and credit card company, posted a 14 percent rise in quarterly profit as more customers used cards to shop. The company's net income rose to $870 million, or 73 cents per share, for...

Sony Slashes Profit Forecast Again, Raising Pressure On CEO

Sony Corp slashed its earnings guidance for the third time in a year on Thursday to barely 10 percent of its initial outlook as further losses from its PC exit cast a pall over its struggling electronics division. The steep...

AT&T Has Approached DirecTV About Takeover: WSJ

AT&T Inc (T.N) has approached DirecTV (DTV.O) about a possible purchase of the satellite TV company, the Wall Street Journal reported, citing people familiar with the situation. A deal would likely be worth at least $40 billion, DirecTV's current market...

New Boeing Jets Hold Key To More Than Half Of Future Sales

Boeing Co (BA.N) said it expects to finish flight testing its stretched 787-9 Dreamliner in the next two months and deliver it around mid-year, one of six new jets the world's biggest plane-maker aims to get into service by...

N5.6Bn Pension Scam: Adeleke, 11 Others Now to Be Re-arraigned May 2

SAN FRANCISCO, April 30, (THEWILL) – An Oyo State High Court sitting in Ibadan, Tuesday postponed the re-arraignment of a former Oyo State Head of Service, Mrs. Kudirat Iyabo Adeleke and 11 others implicated in a N5.6 billion pension...

eBay To Repatriate $9bn In Cash To US

E-commerce giant eBay has said it is repatriating almost $9bn (£5.3bn) of its cash held overseas back to the US. The firm said the move, which will see it paying taxes of $3bn on the cash, would help it access...

Asian Shares Struggle; Yen Firms As BOJ Stays Upbeat

Asian shares struggled on Wednesday, while the yen strengthened to session highs after the Bank of Japan's latest upbeat economic projections suggested no additional stimulus was on the near-term horizon. Overall, caution reigned ahead of the outcome of the Federal...