While analysts cheered the company's progress in diversifying its business beyond advertising, hurt by a higher tax rate, Google parent Alphabet Inc posted fourth-quarter profit below analysts' estimates.   Alphabet Chief Financial Officer Ruth Porat underscored that the company is...

While Microsoft Corp saw a slight decline in margins in the unit that includes its flagship cloud platform Azure, but helped by growth in its fast-growing cloud computing business, the company reported a 3.6 percent rise in fiscal second-quarter profit.   The company has been steered away...

Swiss watch exports fell by 9.9% in 2016, which was the worst figure since 2009, when the world global financial crisis erupted. In Hong Kong - the main sales market for the Swiss manufacturers - sales fell by 11.4%. Among the main factors that influenced the negative statistics, analysts noted...

Dow Jones Industrial Average rose 155.80 points, or 0.8%, and stood at 20,068.51 at the close of trading. This became possible largely thanks to Boeing Co. and Caterpillar Inc., which demonstrated the positive trend. When the Dow Jones Industrial Average was created in 1896, it consisted of 12...

After the U.S., China is the next legal battleground for Apple Inc. and Qualcomm, who are now locked in multiple legal battles.   Beijing's Intellectual Property Court said in a statement that alleging the chip supplier abused its clout in the chip industry and seeking 1 billion yuan...

Top leaders of the software company AppDynamics  were back home in California for final visits with prospective shareholders even as the AppDynamics IPO roadshow hit its home stretch this week.   Pitching their story to about 100 investors was AppDynamics CEO David Wadhwani...

The birth anniversary of poet Robert Burns is very often celebrated across the world with dancing, a bite of Haggis and of course, a few nips of whisky and Wednesday was that day.   But that very day is being viewed in a different manner by whiskey makers from Scotland. Demanding that it is...

Pressing his pledge to bring jobs to America and discourage the car industry from investing in Mexico, U.S. President Donald Trump urged the chief executives of the Big Three U.S. automakers to build more cars in the country.   In a meeting at the White House with General Motors Co CEO Mary...

The reporting period for the S & P 500 companies is in full swing. Johnson & Johnson, Phillips and DuPont have already submitted their reports this week. Let's see what results the companies managed to achieve over the past year. DuPont Net profit of American DuPont, one of the largest...