Google takes consumers’ wrists to next frontier with Android watch
SAN FRANCISCO (Reuters) – Voice-controlled smartwatches that track heart rates and connect to phones and tablets will debut later this year as Google Inc partners with electronics, technology and fashion companies to take consumers to the next promised…
Oracle quarterly results disappoint Wall Street; shares fall
SAN FRANCISCO (Reuters) – Oracle Corp posted higher third-quarter revenue and profit that failed to satisfy investors looking for signs of a sustained turnaround and its shares fell about 4 percent.
GM CEO says only learned of defective cars in late January
DETROIT (Reuters) – General Motors Co Chief Executive Mary Barra said on Tuesday that she did not learn details about defective GM cars linked to 12 deaths until January 31, just two weeks after she took over as CEO and nearly 13 years after GM enginee…
Adobe forecasts results above estimates as web subscriptions rise
(Reuters) – Adobe Systems Inc, the maker of Photoshop and Acrobat software, forecast current-quarter profit and revenue above analysts’ estimates, citing strong demand for its Creative Cloud suite and digital marketing software.
Porsche to replace engines in all its 2014 911 GT3 sports cars
(Reuters) – Porsche will replace the engines in all of its current model year 911 GT3 sports cars and has told owners to stop driving the cars because they could catch fire, the Volkswagen AG unit said on Tuesday.
Jim Beam buy helps Japan’s Suntory latch onto U.S. bourbon craze
WASHINGTON (Reuters) – If anyone should find it odd that a Japanese distillery was planning to merge with a U.S. bourbon brand steeped in the history of the American South, the answer could be found on a cocktail menu.
Blackstone working on higher Gates offer: sources
NEW YORK (Reuters) – Blackstone Group LP is working on a higher takeover bid for industrial conglomerate Gates Global Inc after its previous offer of roughly $5.5 billion was turned down by Gates’ owners last week, people familiar with the matter said …
Offshore taxes may slow audits for some U.S. multinationals: IRS
WASHINGTON (Reuters) – Multinational businesses that often fight with the U.S. Internal Revenue Service over their worldwide taxes may be dropped from an IRS program meant to smooth corporate audits, a senior IRS official said on Tuesday.
Wells Fargo leaves CEO Stumpf’s 2013 pay unchanged
(Reuters) – Wells Fargo & Co Chief Executive Officer John Stumpf earned $19.3 million in 2013, identical to what he took home a year earlier, according to a filing with the U.S. Securities and Exchange Commission on Tuesday.
Wall Street rises again as Ukraine woes ease; tech leads
NEW YORK (Reuters) – U.S. stocks climbed for a second straight session on Tuesday, with the S&P 500 within striking distance of its record after comments from Russian President Vladimir Putin soothed anxiety that tensions over Ukraine could escalate.
