Electronic Arts rode a wave of momentum through its fiscal first quarter, raking in cash from digital sales and raising its revenue and profit forecasts for the year.
Almost 90% of the beer made in America now is made by foreign-owned companies—and the U.S. tax code is one of the big reasons, according to congressional testimony by the founder of the Boston Beer Co.
IKEA is buying forests to wield more control over its most important raw material: wood.
Google is quietly distributing a new version of its Glass wearable computer aimed at businesses in industries such as health care, manufacturing and energy, according to people familiar with the situation.
LinkedIn’s stock fell in after-hours trading as investors realized that it beat growth expectations because of its recent acquisition of lynda.com, not because of a recovery in its core business.
China’s stock-market turmoil has delivered a wake-up call to Asia’s tech startups, even as investor enthusiasm appears to remain strong for a wave of new companies coming up from the fast-growing region.
Yelp Inc. is struggling with a problem analysts call the “unicorn bubble,” as the local search and advertising company competes with big startups for young employees that are vital to its growth.
Banks are nudging certain hedge-fund clients to use derivatives instead of actual stocks when placing some bets, an effort aimed at lessening the impact of new capital rules on the banks’ businesses.
Investors in Twitter drove down the company’s share price 15% on Wednesday after a disappointing quarterly report a day earlier.
Facebook’s revenue jumped 39%, fresh evidence of its allure to big brands, as it and Google increasingly take the lion’s share of the fast-growing mobile advertising market. Photo: AP
Whole Foods Market said sales dropped sharply last month following allegations that it overcharged customers in New York, helping cause the latest in a string of disappointing quarters for the natural foods grocer.
Samsung said net profit for the second quarter fell 8% from a year earlier, as sales of the company’s flagship Galaxy S6 smartphone fell short of expectations.
Standard & Poor’s downgraded its outlook for Brazil’s foreign-currency debt to negative from stable, stirring fears that Latin America’s largest economy could lose its investment-grade status.
The growing money and fame in videogame tournaments over the past several years has hatched a field of coaches and other professionals who want in.
Twitter’s advertising business appears to be working its way past a temporary hiccup, but the growing pains are far from over.