February 1, 2018

Facebook forecasts rising ad sales despite dip in usage

(Reuters) – Facebook Inc offered reassurances to investors on Wednesday that its digital ad business would remain highly profitable, despite a dip in usage on the […]
February 1, 2018

Insurers gingerly test bitcoin business with heist policies

NEW YORK(Reuters) – Major global insurers are starting to offer protection against cryptocurrency theft, willing to tackle daunting challenges it brings rather than miss out on […]
February 1, 2018

U.S. pork demand strong, but trade disputes could hit exports

CHICAGO (Reuters) – American consumers are snapping up plentiful low-cost pork, but U.S. farmers are worried that trade spats with key export markets in China, Mexico […]
February 1, 2018

Google’s G Suite is no Microsoft killer, but still winning converts

SAN FRANCISCO (Reuters) – Alphabet Inc’s Google has struggled for years to get big businesses to embrace G Suite, its hip alternative to Microsoft Office. Powered […]
February 1, 2018

U.S. food distributors allege Tyson Foods, rivals fixed chicken prices

CHICAGO (Reuters) – Top U.S. food distributors Sysco Corp and US Foods Holding Corp have joined retailer Winn-Dixie Stores [BILODW.UL] and other poultry buyers suing the […]
January 31, 2018

Fed leaves rates unchanged, sees inflation rising this year

WASHINGTON (Reuters) – The U.S. Federal Reserve kept interest rates unchanged on Wednesday but said inflation likely would rise this year, bolstering expectations borrowing costs will […]
January 31, 2018

Facebook shares rebound after optimism about ad revenue

(Reuters) – Facebook Inc shares rose after hours on Wednesday after the social media network said that fewer hours spent on its flagship News Feed might […]
January 31, 2018

Microsoft’s cloud computing business grows, stock edges up

(Reuters) – Microsoft Corp beat Wall Street’s profit forecast on Tuesday, helped by growth in its cloud computing business, but took a $13.8 billion one-time charge […]
January 31, 2018

AT&T profit beats, CEO upbeat on Time Warner deal

NEW YORK (Reuters) – AT&T Inc reported quarterly profit that beat analysts’ estimates on Wednesday, helped by tax cuts and new wireless subscribers, and its chief […]
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