What are the biggest airlines?
National and global dominance by air passenger carriers has changed considerably over the last seventy years. For most of the 20th century, PanAm and...
Capital One profit increased 8 percent in Q2 2014
Capital One profit increased by 8% during Q2 2014 to $1.2 billion or $2.04 per diluted common share, compared to $1.1 billion and $1.85...
FedEx denies shipping drugs illegally
FedEx denies shipping drugs illegally as the US Department of Justice indicts the global delivery services company with transporting medications for illicit online pharmacies. If...
Netflix partner accused Verizon of slowing traffic
Level 3, a Netflix partner, accused Verizon of slowing traffic, adding ammunition to Netflix' argument. Netflix has been complaining for months that the broadband and...
Awaited Abbvie Shire takeover clinched
The long-awaited Abbvie Shire takeover was agreed on Friday. The deal, worth £32 billion ($54.7 billion), or £53.2 ($91) per share, was agreed by the...
Forbes Media sold to Integrated Whale Media Investments
Why were a majority of shares of Forbes Media sold to Integrated Whale Media Investments, a group of international investors based in Hong Kong?...
GE Q2 net income increased 13%
GE Q2 net income increased by 13 percent, driven by strong sales in its oil & gas and aviation divisions. The American multinational conglomerate...
Brazilian Leading Economic Index down again
The Brazilian Leading Economic Index (LEI) fell 0.2% in June, after declining in May (-1.8) and also in April (-0.4). The index has fallen...
Morgan Stanley Q2 earnings surged
Morgan Stanley Q2 earnings surged, driven mainly by a strong performance in the company’s wealth management operations. The American multinational financial services corporation has...
Google Q2 revenue climbed 22 percent
Search engine giant Google Q2 revenue climbed 22 percent to $16 billion from $13.1 billion in Q2 2013, while profits rose by 6% to...