Business

HTC Warns Of Third-Quarter Revenue Slide, Turnaround Prospects Bleak

Taiwan's HTC Corp said third-quarter revenue could fall as much as 30 percent from the previous three months, far worse than expected and underscoring deepening troubles for a smartphone maker with little prospect of an immediate turnaround. A delayed launch...

Amazon Unveils New Hiring Spree Ahead Of Obama Visit

Amazon.com Inc unveiled a new hiring spree on Monday ahead of a visit by President Barack Obama to one of the Internet retailer's giant distribution warehouses this week. Amazon said it is looking to fill more than 5,000 new full-time...

Futures Dip Ahead Of Key Data, Fed Meeting This Week

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Barclays (BARC.L) confirmed it will set out how it plans to meet tougher UK rules on capital on Tuesday, responding to media reports it is considering selling new shares. Barclays said on Monday it had been in talks with Britain's...

Futures Dip Ahead Of Key Data, Fed Meeting This Week

U.S. stock index futures dipped on Monday as a week packed with data and central bank meetings gets under way, with the S&P 500 just 0.2 percent below its record close set a week ago. Investors will focus on Wednesday's...