Technology - Business news

J&J hikes 2014 forecast for a third time

Johnson & Johnson lifted its 2014 earnings forecast a third time after pharmaceutical sales helped the world's biggest maker of health care products trump analyst expectations for its recently concluded quarter.

Oct 14, 2014
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Spiderman may swing over Beijing in new theme park

(AP)—Spiderman could soon swing over Beijing, chasing Optimus Prime and despicable minions through a $3.3 billion Universal theme park aimed at capitalizing on China's rising middle class and growing demand ...

Oct 13, 2014
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Yahoo under fire as Marissa Mayer faces critical moment

Two years into her reign as Yahoo's chief executive officer, Marissa Mayer is sitting on a mountain of cash from the Alibaba IPO even as she faces an investor revolt that could derail her long-range plans for the Sunnyvale, ...

Oct 10, 2014
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In HP split, each unit to face a test

If you cut one slow-moving mega-company in half, do you get two fast-moving innovators? Not even Meg Whitman, chief executive of Hewlett-Packard Co., is promising that. Whitman announced Monday that the computer industry giant will cleave itself in two: one company fo ...

Oct 10, 2014
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Amazon.com to open first physical store

Online retail colossus Amazon.com plans to open its first brick-and-mortar store in New York ahead of the year-end holiday season, The Wall Street Journal reported Thursday.

Oct 09, 2014
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