IBM has a massive, and far-flung, workforce. But as the tech giant's sales slump, it could be time for the firm to begin trimming its staff. ..
Microsoft Corp said on Monday fiscal second-quarter profit fell, in line with Wall Street's forecasts, as sluggish personal computer sales dampened demand for Windows sof ..
Ratings agency S&P cut Russia's sovereign credit rating to junk status on Monday, bringing it below investment grade for the first time in a decade. Warning of diffic ..
Oil prices turned positive on Monday, erasing early losses after the Secretary-General of the OPEC producer group said he expected the market to bottom out around current leve ..
Microsoft revealed fiscal Q2 earnings that matched Wall Street's estimates, but the software giant's shares still dropped in extended trading. ..
Former PepsiCo Inc (PEP.N) executive Christopher Sinclair, 64, was appointed chairman and interim CEO. Mattel bought Canadian toymaker Mega Brands for about $460 million (£305 ..
Hedge funds boosted bearish wagers on oil to a four-year high as U.S. supplies grew the most since 2001. Money managers increased short positions in West Texas Intermediate cr ..
Nevertheless, overall spending on mobile and fixed networks is expected to grow for a second consecutive year, as operators worldwide seek to improve coverage and add capacity ..
Shares of MeadWestvaco and Rock-Tenn rose to record highs. Demand for the corrugated boxes made by both companies has risen sharply as internet shopping has taken off. The mer ..
For a second-straight year, wavering growth signals have upset an optimistic investor consensus in January. Another passing storm, or will 2015 be rockier? ..