Exclusive: FBI warns retailers to expect more credit card breaches
WASHINGTON (Reuters) – The FBI has warned U.S. retailers to prepare for more cyber attacks after discovering about 20 hacking cases in the past year that involved the same kind of malicious software used against Target Corp in the holiday shopping seas…
Microsoft profit beats forecasts, no word on new CEO
SEATTLE (Reuters) – Microsoft Corp posted a bigger-than-expected quarterly profit on Thursday, boosted by strong sales of its software and services for businesses, a solid holiday season for its new Xbox game console and Surface tablets, and a slightly…
Morgan Stanley CEO Gorman gets $4.9 million stock award: filing
NEW YORK (Reuters) – Morgan Stanley Chief Executive James Gorman received a $4.9 million stock bonus for his performance in 2013, up 86 percent from the year before, according to a regulatory filing, as the company’s income jumped.
Samsung Electronics fourth-quarter profit sags as smartphone growth concern deepens
SEOUL (Reuters) – Samsung Electronics Co Ltd posted its first decline in quarterly profit in two years, hit by a one-off special bonus as well as slowing smartphone sales as it braces for a year of tougher competition with rival Apple Inc.
Microsoft profit beats forecasts, no word on new CEO
SEATTLE (Reuters) – Microsoft Corp posted a bigger-than-expected quarterly profit on Thursday, boosted by strong sales of its Office software to businesses, a solid holiday season for its new Xbox game console and Surface tablets, and a slightly lower …
Asian shares sag on Chinese growth anxiety, emerging currencies
TOKYO (Reuters) – Asian shares were off-color on Friday, extending the previous day’s weakness as disappointing Chinese manufacturing data raised concerns over the economy, and investors sought safety in gold and the yen.
New GM chief vows to stay on course and ‘accelerate’
DETROIT (Reuters) – General Motors Co’s new chief executive, Mary Barra, said on Thursday she has no plans to deviate from predecessor Dan Akerson’s strategy as the No. 1 U.S. automaker pushes for profitability everywhere it operates.
Starbucks’ growth cooled in latest quarter
(Reuters) – Starbucks Corp on Thursday reported that sales at established stores in its U.S.-dominated Americas region cooled more than analysts expected in its latest quarter as consumers spent more time holiday shopping online than at physical stores…
Wall Street falls as China data trigger selloff in risky assets
NEW YORK (Reuters) – U.S. stocks fell on Thursday, with the Dow Jones industrial average recording its third consecutive day of losses, as risky assets sold off in wake of disappointing manufacturing data in China.
Exclusive: FBI warns retailers to expect more credit card breaches
WASHINGTON (Reuters) – The FBI has warned U.S. retailers to prepare for more cyber attacks after discovering about 20 hacking cases in the past year that involved the same kind of malicious software used against Target Corp in the holiday shopping seas…
