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Healthy profit rise for Philips

Rising sales of medical equipment helped drive a 12 percent increase in second quarter net profit at Dutch electronics manufacturer Philips, the company said Monday.

dateJul 27, 2015 in Business
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Nike offers partial refund to end FuelBand lawsuit

Nike will give partial refunds or gift cards to people who bought FuelBand fitness trackers in the last 3 1/2 years, resolving a lawsuit that says the products can't accurately tally how many steps a user is taking or how ...

dateJul 28, 2015 in Business
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China's Alibaba to invest $1.0 bn in cloud computing

Chinese e-commerce giant Alibaba will invest $1.0 billion in its cloud computing arm to expand its international presence, the company said Wednesday, as it looks outside its core business and beyond traditional markets.

date10 hours ago in Business
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