Yahoo ekes out third quarter revenue gain despite display ad weakness
SAN FRANCISCO (Reuters) – Yahoo Inc reported a modest increase in revenue during the third quarter, exceeding lackluster Wall Street targets, as the Internet company’s online display advertising business continued to struggle.
McDonald’s CEO acknowledges image problems after tough results
(Reuters) – McDonald’s Corp Chief Executive Officer Don Thompson owned up to some corporate image problems on Tuesday after it posted a nearly one-third drop in quarterly profit and warned that its global restaurant sales would fall again this month.
More lawsuits filed against Honda, Takata over air bags
DETROIT (Reuters) – The recall crisis involving Takata-made air bags exploding with too much force and spraying vehicle occupants with metal shrapnel is growing, with two more lawsuits filed over accidents in older Honda cars.
Michigan becomes fifth U.S. state to thwart direct Tesla car sales
DETROIT (Reuters) – Michigan Governor Rick Snyder signed a bill on Tuesday that will keep electric carmaker Tesla Motors Inc from selling its cars directly to consumers in the state, home to the biggest U.S. automakers.
Broadcom third-quarter results beat views, stock jumps
SAN FRANCISCO (Reuters) – Broadcom posted third-quarter results on Tuesday that exceeded Wall Street’s expectations as the chipmaker focused on networking and smartphone chips, sending its shares 5 percent higher.
After huge jet orders, budget airlines eye rich seam of aircraft leasing
SINGAPORE/PARIS (Reuters) – From Scandinavia to Southeast Asia, low-cost airlines have ordered record numbers of planes in recent years, redefining the jet industry. Now they plan to lease out scores of their new planes, re-ordering the aviation busine…
Airbus offers long-range version of A321neo, targets Boeing 757
(Reuters) – Airbus Group NV said on Tuesday that it has begun offering airlines a long-range version of its A321neo jetliner, aimed at replacing Boeing Co’s 757 jetliner, a long-range single-aisle jet that is no longer in production.
Wall St. extends rebound on earnings, ECB report
NEW YORK (Reuters) – U.S. stocks rallied on Tuesday, with the S&P 500 notching a fourth straight session of gains boosted by strong corporate results, including Apple’s.
Wall St. jumps after earnings, ECB report
NEW YORK (Reuters) – U.S. stocks jumped on Tuesday following upbeat earnings and a report that the European Central Bank was looking at buying corporate bonds.
New Total boss must overhaul exploration strategy, pursue cost cuts
PARIS (Reuters) – The sudden death of Total’s top executive may make it even trickier for the French oil major to overhaul its expensive exploration strategy while simultaneously cutting costs to please shareholders as oil prices fall.
