Tax hurts investment in medical device research and development
New research shows companies cut funding for research and development in response to a tax imposed on medical devices as part of the Affordable Care Act.
New research shows companies cut funding for research and development in response to a tax imposed on medical devices as part of the Affordable Care Act.
Economics & Business
Jun 5, 2018
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Finnish game maker Rovio's shares soared five percent Thursday after the company reported first-quarter results with net profit doubling and "record revenues" from its sequel game Angry Birds 2.
Business
May 17, 2018
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Apple is working with financial giant Goldman Sachs on a credit card that would carry the iPhone maker's digital wallet logo, according to a report Thursday in the Wall Street Journal.
Business
May 10, 2018
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The Montreal daily La Presse, after ending its 134 year-old print edition and going digital, said on Tuesday it will become a non-profit entity reliant on donations and government support.
Business
May 8, 2018
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Chinese e-commerce giant Friday announced a massive 47 percent leap in net profit for the fiscal year 2017/2018, helped by a rise in smartphone and tablet transactions on its shopping platform.
Business
May 4, 2018
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Have you thanked a crop breeder today?
Other
May 2, 2018
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Microsoft said Thursday profits rose sharply in the past quarter, lifted by gains in its core cloud computing operations for business.
Business
Apr 27, 2018
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American Airlines reported a drop in first-quarter profits Thursday in part due to higher fuel costs, but said consumer demand for air travel remained robust.
Business
Apr 26, 2018
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Fiat Chrysler (FCA) said Thursday that its net profit jumped 59 percent in the first quarter of the year, but unfavourable exchange rate changes ate away at an increase in sales of vehicles.
Business
Apr 26, 2018
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German industrial gases group Linde confirmed its objectives for 2018 Wednesday after a strong first quarter, as it eyes a jumbo tie-up with US rival Praxair in the second half.
Business
Apr 25, 2018
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