With sales sputtering, Apple’s iPad looks to IBM alliance
SAN FRANCISCO (Reuters) – Apple Inc’s iPad is losing steam just four years after its release, but an alliance with International Business Machines Corp could rejuvenate a flagging product by entering into a largely untapped corporate market.
Apple revenue lags Street’s view despite strong China growth
SAN FRANCISCO (Reuters) – Apple Inc posted a smaller-than-expected 6 percent rise in quarterly revenue on Tuesday, but revenue surged 28 percent in greater China despite stiff competition in its third-largest market.
Safeway receives U.S. subpoena over controlled substances
(Reuters) – Grocery store operator Safeway Inc on Tuesday said it received a subpoena from the U.S. Drug Enforcement Administration regarding record keeping, reporting and related practices associated with loss or theft of controlled substances.
Wall St. gains on earnings, data; conflicts still eyed
NEW YORK (Reuters) – U.S. stocks rose on Tuesday as some positive earnings and economic data pointed to a market that still had room to rise despite the S&P 500 hitting an intraday record.
Microsoft sees end to Nokia losses, shares rise after hours
SEATTLE (Reuters) – Microsoft Corp said it aims to get its loss-making Nokia phone unit to break even within two years, helping its stock rise in after-hours trade.
Hawaiian Airlines to add revamped Airbus A330 jet to fleet
(Reuters) – Hawaiian Airlines said on Tuesday it plans to add a revamped version of the Airbus A330 jetliner to its fleet beginning in 2019 as it looks to expand to longer-haul destinations.
U.S., European airlines halt flights to Israel due to instability
(Reuters) – Air carriers in the United States and Europe on Tuesday halted flights to Tel Aviv after warnings from governmental agencies in an effort to ensure passenger safety as turmoil in Israel and the region intensified.
U.S. judge orders Argentina, creditors to meet until deal reached
NEW YORK (Reuters) – A U.S. judge ordered Argentina and investors who did not participate in the country’s past debt restructurings to meet “continuously” with a court-appointed mediator until a settlement is reached, warning of the threat of a new def…
Wall Street rejects Ackman’s Herbalife ‘death blow’
NEW YORK (Reuters) – Billionaire investor William Ackman’s latest volley of accusations against Herbalife Ltd on Tuesday missed its mark on Wall Street, with investors sending the stock price soaring 25 percent.
Apple revenue lags Street’s view despite strong China growth
SAN FRANCISCO (Reuters) – Apple Inc posted a smaller-than-expected 6 percent rise in quarterly revenue on Tuesday, but revenue surged 28 percent in greater China despite stiff competition in its third-largest market.
