In an indication that customers may have held back purchases in anticipation of the 10th-anniversary edition of the company's most important product later this year, Apple Inc reported a surprise fall in iPhone sales for its second quarter on Tuesday.   Apple boosted its capital return...

After a passenger was hauled down the aisle of a flight last month, legislation aimed at improving customer service was threatened to be passed by U.S. lawmakers against United Airlines and other carriers on Tuesday.   Top airline executives promised to address customer service failures at...

Shares of Facebook and Apple “hit record highs” this week. Facebook and Apple, both own an “outsized share of U.S. technology revenue”. At a time, when investors are looking for “evidence” for justifying the current year’s “stock market rally” of the U.S., the duo could expand their revenue in the...

Four new technology and innovation hubs across the U.S. that will train American workers in areas like cloud, artificial intelligence and big data is being opened up by Infosys, India's iconic outsourcing firm. Creating about 2,000 U.S. jobs by 2021 alone the first hub will launch in August 2017...

Management of the largest Italian airline Alitalia decided to commence the bankruptcy procedure for the company, after the airline employees refused to approve the restructuring plan. President and CEO of Etihad Airways (owns 49% of Alitalia) James Hogan expressed "deep disappointment" with the...

Net profit of the US company Intel in the first quarter of 2017 increased by 44.9% in annual terms and reached $ 2.964 billion, or $ 0.61 per share, compared to $ 2 billion, or $ 0.42 per share, for the similar period of the last year. According to the results of the first three calendar months of...

In what is the latest transformation for the global commodity trader, Cargill Inc said that it will be exiting the business of feeding cattle to direct capital toward other potential investments.   After the company sold out other feedyards to Friona Industries last year, according to the...

Foxconn Chairman Terry Gou said as he exited the White House that the company is planning a "capital-intensive" investment in the United States. Foxconn is the world's largest contract electronics manufacturer and a major Apple Inc supplier.   Foxconn operates large manufacturing facilities...

Netherlands will soon receive “CH-47F helicopters”. In a brief statement, on the 29th of April 2017, Reuters reported that Boeing Co. will be manufacturing “CH-47F helicopters” for the Netherlands, confirmed Pentagon. In the process, the former has received the “$541 million contract”.  ...