Business

Explore the dynamic world of commerce and finance in our Business category. Stay informed about market trends, economic shifts, and corporate strategies. From startups to conglomerates, delve into insightful analyses, interviews with industry leaders, and comprehensive coverage of business innovations driving global markets.

Johnson & Johnson completes $4.3B acquisition of Abbott Medical Optics in Santa Ana

Santa Ana-based Abbott Medical Optics has changed its name to Johnson & Johnson Vision following its $4.3 billion acquisition by the manufacturing titan.The deal...

Billion hours of YouTube watched each day

San Francisco: YouTube on Monday said that a billion hours of video is being watched daily at the Google-owned online viewing venue in “big...

What Gulf businesses need to do to get ready for VAT

Dubai: The implementation of value-added tax (VAT) could pose some operational issues to businesses in the Gulf Cooperation Council (GCC) region, especially if they...

United, after years of declining revenue, hits the thrusters

DALLAS -- United Airlines, which lost the distinction of being the world's biggest carrier after shrinking for several years, plans to regain lost ground...

Buffett’s bite of Apple even bigger than thought

OMAHA, Neb. -- Billionaire Warren Buffett, famously leery of technology companies, has loaded up on Apple shares after noticing how inseparable iPhone users are...

Family Christian to close 240 stores, 9 in Illinois

Christian faith-based gift and book store chain Family Christian is closing all of its 240 stores nationwide, including nine in Illinois.Stores in Algonquin, Batavia,...

South Korean prosecutors to indict Samsung exec

SEOUL, South Korea — South Korean special prosecutors said they will indict Samsung’s de facto chief Tuesday on bribery, embezzlement and other charges linked...

ADB says Asia needs to double infrastructure spending

CaptionCloseMANILA, Philippines (AP) — Developing countries in Asia and the Pacific will need to spend up to $1.7 trillion a year, or $26 trillion...

Growing problem: Pot lights give ham radio operators a buzz

CaptionCloseAUGUSTA, Maine (AP) — Retired Coast Guard officer Roger Johnson sometimes notices a harsh buzz when he turns on his amateur radio, and he...

Alteryx Files for $75 million IPO

Alteryx Inc., a software maker in Irvine, aims to raise $75 million in an initial public offering.The company applied to be listed under AYX...

Report: Uber exec out after failing to disclose allegation

CaptionCloseNEW YORK (AP) — A top engineering executive at Uber, Amit Singhal, is out five weeks after his hire was announced. According to a...

Wall Street gadfly Mike Mayo is among latest layoff casualties

Mike Mayo, an outspoken Wall Street analyst who was often a thorn in bank CEOs’ sides, was laid off with about 90 other people...

Time Warner-AT&T deal likely won’t be reviewed by FCC

Time Warner stock hit a 52-week high Monday after the Federal Communications Commission’s new chairman said he doubted his agency would review AT&T’s proposed...

SpaceX plans first flight of private, paying astronauts around the moon

In a first, SpaceX officials said Monday that the company plans to fly private, paying citizens around the moon next year. It would mark...

Nearly 2 dozen hurt, 1 dead in Kramer Junction bus crash

KRAMER JUNCTION >> One woman died and nearly two dozen people were injured in a crash near Kramer Junction involving a bus...

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Mitchell Marsh’s Unique World Cup Celebration – ESPN Coverage

Mitchell Marsh, the Australian cricketer, had a rather unusual way of celebrating his World Cup win. The ESPN team recently interviewed him about his...

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