Home Depot names Craig Menear CEO
(Reuters) – Home Depot Inc named Craig Menear its chief executive, replacing Frank Blake, who will stay on as chairman.
GameStop second-quarter sales beat expectations; shares rise
SAN FRANCISCO (Reuters) – GameStop Corp on Thursday reported its quarterly revenue surged by 25 percent over the prior year, topping expectations, buoyed by the success of new game releases as well as solid sales of gaming hardware from Microsoft and S…
JPMorgan customers targeted in email phishing campaign
BOSTON/NEW YORK (Reuters) – Fraudsters are targeting JPMorgan Chase & Co customers in an email “phishing” campaign that is unusual because it attempts to collect credentials for that bank and also infect PCs with a virus that steals passwords from other institutions.
Ford tells dealers to stop selling some C-Max, Focus models
DETROIT (Reuters) – Ford Motor Co has told its dealers to stop test-driving and selling C-Max and Focus models produced during a week this month because of potential problems with the steering gear assembly, a notice sent to dealers on Wednesday shows….
Exclusive: France forced to import wheat as rain hits crop quality
PARIS (Reuters) – France’s rain-hit wheat crop has delivered the first shock of the 2014/15 season: the EU’s top grower and exporter is buying Lithuanian and British milling wheat to mix with its unusually poor-grade crop to meet contracts signed befor…
Sprint and T-Mobile offer further price discounts
WASHINGTON (Reuters) – Sprint Corp unveiled a plan on Thursday that gives subscribers access to unlimited data for $60 a month, the industry’s cheapest unlimited data offering as the carrier attempts to reverse the decline in its subscriber base.
Cadillac considers moving some functions to Manhattan
DETROIT (Reuters) – General Motors Co’s premium Cadillac group is considering expanding its offices from Detroit to Manhattan, GM said Thursday, as part of an effort to remake the brand’s image and broaden its appeal outside North America under new bos…
EBay considering PayPal spinoff: report
(Reuters) – EBay Inc is considering a spinoff of PayPal, its fast-growing payments unit, as soon as next year, tech news website The Information reported, citing sources.
U.S. airlines doubled profit margins in first half, trade group says
SEATTLE (Reuters) – U.S. airlines more than doubled their net profit margin in the first half of the year as revenue rose nearly three times faster than costs, trade group Airlines for America said on Thursday.
Business growth slows in China and Europe, Russia sanctions still to bite
LONDON/BEIJING (Reuters) – Business growth in China and across Europe slowed this month, surveys showed on Thursday, providing more evidence that the world economy is stuttering and may need more monetary stimulus to keep it going.
