Starbucks must ease mobile order pileup to get customers in line
LOS ANGELES (Reuters) – Starbucks’ coffee shops are suffering from a feared consequence of the mobile revolution: the digital world can dump an avalanche of orders in a short period of time, creating delays and lines that scare away customers.
Dollar perks up from 7-week low, U.S. GDP in focus
TOKYO (Reuters) – The dollar edged up on Friday, rebounding from a seven-week low on optimism over the U.S. economic outlook and corporate earnings, although U.S. President Donald Trump’s protectionist policies raised uncertainties for global trade.
Starbucks curbs 2017 revenue forecast after U.S. store visits drop
LOS ANGELES (Reuters) – Starbucks Corp on Thursday trimmed its full-year revenue forecast and reported a smaller-than-expected rise in quarterly sales at established restaurants in the Americas, sending its shares down 3.8 percent in after-hours trade…
Microsoft profit up as demand for cloud service soars
(Reuters) – Microsoft Corp reported a 3.6 percent rise in fiscal second-quarter profit on Thursday, helped by growth in its fast-growing cloud computing business, but it saw a slight decline in margins in the unit that includes its flagship cloud platf…
American Airlines, Qantas may revive joint venture plan under Trump
BEIJING/SYDNEY (Reuters) – American Airlines Group Inc and Australia’s Qantas Airways Ltd may reapply to the U.S. Transportation Department for permission to coordinate prices and flight schedules now the Trump administration is in charge, Qantas Chi…
Data center growth drives Intel’s fourth-quarter revenue, profit beat
(Reuters) – Intel Corp reported better-than-expected quarterly revenue and profit driven by a stabilizing PC market and growth in its data center business, which offers cloud-based software services.
Keystone XL pipeline: A ‘Canada First’ energy plan?
CALGARY, Alberta (Reuters) – U.S. President Donald Trump’s move this week to revive the Keystone XL oil pipeline marked a major step under his “America First” energy plan to boost U.S. drillers and create new U.S. jobs. But the project’s biggest winner…
Wall Street ends flat after 2-day run; Dow stays above 20,000
(Reuters) – U.S. stocks were little changed on Thursday as investors paused following a two-day rally that pushed the Dow Jones Industrial Average above the 20,000 mark, while the latest wave of earnings rolled in.
As regulators waver, Apple takes on Qualcomm in courts
SAN FRANCISCO (Reuters) – Apple Inc’s new legal assault on Qualcomm in the United States and China reflects its conclusion that regulators are unlikely to put an end to what it considers the chip maker’s unfair business practices, analysts said.
TransCanada re-submits application for Keystone XL pipeline
(Reuters) – TransCanada Corp said on Thursday it submitted a presidential permit application to the U.S. Department of State for the approval of the Keystone XL pipeline.
