Intel raises outlook on stronger PC demand
SAN FRANCISCO (Reuters) – Chipmaker Intel Corp on Thursday raised its outlook for the second quarter and the full year, citing stronger-than-expected demand for personal computers used by businesses.
Intel raises outlook on stronger PC demand, shares jump
SAN FRANCISCO (Reuters) – Chipmaker Intel Corp on Thursday raised its outlook for the second quarter and the full year, citing stronger-than-expected demand for personal computers used by businesses.
Airbus takes flight with investors, media after order snub
NEW YORK/TOULOUSE (Reuters) – Europe’s Airbus mounted a transatlantic charm offensive on Thursday to boost sales of the world’s biggest jetliner, the A380, and shine the spotlight on its brand-new A350 – a day after its shares were hit by a record orde…
Wall St. slides on concerns about Iraq
NEW YORK (Reuters) – U.S. stocks fell on Thursday as concerns escalated about Iraq and after disappointing economic data on retail sales and jobless claims.
Tesla Motors to share patents to spur electric car development
DETROIT/SAN FRANCISCO (Reuters) – Tesla Motors Inc on Thursday said it would allow others to use its intellectual property in hopes of speeding up development of electric cars by all manufacturers.
Ford lowers fuel economy rating for six vehicles
DETROIT (Reuters) – Ford Motor Co said on Thursday it was lowering the fuel economy ratings on six of its models, including a number of hybrids, and would reimburse owners for the difference.
Top BNP executive to go as talks on U.S. penalty gather pace
PARIS (Reuters) – The chief operating officer of BNP Paribas is to step down at the end of June and retire completely on Sept. 30, France’s biggest bank announced on Thursday as talks with U.S. authorities over a potential $10 billion fine gathered pac…
Lululemon sees tough second-quarter, shares tumble
TORONTO, (Reuters) – Lululemon Athletica Inc offered little sign on Thursday that it was pulling out of an extended slump, cutting financial forecasts and warning that second-quarter sales at its once-trendy yogawear shops were off to a weak start.
U.S. telecom chief tells industry to lead on cybersecurity
WASHINGTON (Reuters) – The top U.S. telecom regulator on Thursday told communications companies to take the lead in fortifying their networks against cyberattacks, saying they can do more to bolster security short of new government regulations.
Inherited IRAs in play for bankruptcy creditors: U.S. high court
(Reuters) – The U.S. Supreme Court on Thursday said inherited individual retirement accounts are not protected from creditors in bankruptcy, in a ruling that impacts one of the most popular ways to save for retirement.