Companies

Pharma Giant AstraZeneca Says China Chief Detained

2024-11-07

Pharmaceutical giant AstraZeneca said Thursday that the head of its China operations had been detained, after reports the firm was under investigation for potentially illegal data collection and drug

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Qualcomm Q4 Results Top Estimates On Strong Chip Sales To Chinese Firms, Guides Strong Q1

2024-11-07

Qualcomm reported robust sales and profits for the fourth quarter, exceeding Wall Street expectations, on strong chip sales to flagship Chinese smartphone makers and guided sales and EPS for the first

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Walmart Testing Lets Customers Access Locked-up Products By Using Phone App

2024-11-06

Walmart is testing a new process in some stores that allows customers to unlock security cases for merchandise using their smartphones.If adopted by the retailer giant, the feature will eliminate the

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Immunotec's Team Talks Company Culture And The Launch Of SunRay, The New Gen Vitamin D Supplement

2024-11-06

A leading player in contemporary health and wellness, Immunotec prioritizes communities both inside and outside of its growing organization. This commitment is reflected in its latest innovation, SunR

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FAA Approves New Delivery Drone Of Amazon - The MK30

2024-11-06

Amazon said it received approval from the Federal Aviation Administration (FAA) for its new delivery drone MK30 to begin operations to customers."Our approval includes the ability to fly Beyond Visual

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Dollar Tree CEO Suddenly Steps Down, Cites Recent Health 'Challenges'

2024-11-05

The CEO of Dollar Tree abruptly resigned after less than two years on the job — prompting a fleeting surge in the company's stock price.The discount retailer announced late Monday afternoon that

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Not a Typical Startup Destined for Success: What Makes Wondergifts Fearless to Explore Opportunities

2024-11-05

The crowded startup landscape often is a place where companies starting from dust relentlessly fight for survival. Wondergifts challenges this notion, bringing years of expertise, first-hand experienc

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US Regulators Reject Plan To Increase Nuclear Energy Flow To Amazon Data Center

2024-11-04

Federal regulators rejected a request to boost electrical output from a Pennsylvania nuclear power plant to an Amazon data center, prompting a dip in some energy company stocks Monday.The Federal Ener

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US Fines Chipmaker $500,000 For Selling To Blacklisted Chinese Company

2024-11-03

The U.S. fined a chipmaker $500,000 for selling $17.1 million worth of computer chips to a blacklisted Chinese company.GlobalFoundries, based in Malta, New York, sent 74 shipments to SJ Semiconductor

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TGI Friday's Is Latest Fast-Casual Restaurant Chain To Go Bankrupt

2024-11-02

TGI Friday's on Saturday became the latest restaurant chain to go belly-up — and blamed its misfortunes on the COVID-19 pandemic and the company's "capital structure."In a statement, TGI Fridays

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Oil Giant BP Reports Drop In Third-quarter Net Profit

2024-10-29

Britain's BP on Tuesday announced a sharp fall in net profit for the third quarter, with the oil and gas giant hit by weak oil trading and refining margins.Profit after taxation slumped to $206 millio

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Indonesia Blocks Sale Of iPhone 16 For Failing To Meet Investment Requirements

2024-10-28

Indonesia has blocked the sale of Apple's iPhone 16 in the country after the tech giant allegedly failed to comply with certain investment requirements.The iPhone 16, which was launched in September,

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