Microsoft has reported a significant increase in profits last quarter a s a result of its expanding cloud business. In fact, Microsoft shares have doubled, reaching 19% this year alone with a 1% increase in after-hours trading last week as well. Microsoft’s profits reached $6.5 billion in the fourth quarter, up from $3.1 billion last… Continue Reading
Lloyd’s of London partnered with risk-modeling firm Cyence to publish a report examining the potential economic losses which would be incurred from a major hack of a cloud service provider or a cyber-attack on computer operating systems which are used by business across the planet. The report estimated that a major, global cyber-attack could result… Continue Reading
Business is all about pleasing customers and making money, and small-town cookie shop RoRo’s Cookies is doing just that. This business, owned by Mom Rose Gebran, comes with a special twist though: all proceeds go to charity. 7KTBV reports: Continue Reading
American Express has moved to expand its reach by reducing small business fees by as much as 1%. The company hopes the change will double the number of small businesses that accept the card over the next two years. Until now, Amex payments have been known to be a more costly service than those of… Continue Reading
Passengers traveling on two major middle eastern airlines, Turkish Airways and Emirates Airlines, will be allowed to bring laptops into cabins during their flights to the United States, according to David Lapan, a spokesman for Homeland Security in Washington, DC. A third airline is also exempt from the new US restrictions, Abu Dhabi’s-Etihad Airlines. The… Continue Reading
The lead up to the coming meeting between President Moon Jae-in of South Korea and President Donald Trump is full of anticipation over the many things the two leaders are preparing to discuss. One of those issues concerns South Koreans desire to import more American shale gas and also build new factories in the United… Continue Reading
The new head of Nestle SA, Mark Schneider, is considering selling its US chocolate division due to sluggish sales and a move toward faster-growing businesses like health care and coffee. Schneider became the CEO of the Swiss-based corporation in 2016 after working for many years in pharmaceuticals and medical products. The US division is had… Continue Reading
Certain parts of the US are seeing a significant uptick in the number of pet dogs coming down with the flu. Although it is not contagious to people, or life-threatening to dogs, it is still a concern to pet owners in Arkansas, Florida and North and South Carolina, where the epidemic is at its worst.… Continue Reading
A survey conducted between June 2 and 4 showed that almost 60% of Americans are against President Donald Trump’s decision to pull the US out of the Paris Climate Agreement. The poll was done by the Washington Post and ABC News. The results were that 57% of registered voters asked said they oppose the decision,… Continue Reading
After three years as CEO at the Ford Motor Company, Mark Fields, age 56, will be leaving the company with a compensation package valued a $51.1 million. The pay-off will be in a combination of cash, stock awards, and pensions. During his tenure as CEO Fields made historic profits for the company. Now, however, the… Continue Reading