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Stock Market News

Layoffs At Apple Imminent After Record Acquisition: Report
By International Business Times - Jul 31, 2014

By Avaneesh Pandey - Apple Inc. NASDAQ:AAPL is planning to lay off about 200 people in the coming months following its acquisition of Beats Electronics, Bloomberg reported Thursday, citing unnamed ...

Amazon quickens push into tough local services market
By Reuters - Jul 31, 2014

By Deepa Seetharaman SAN FRANCISCO (Reuters) - Seattle audio and video technician Todd Mueller showed up last year for what might have been a routine job except for one thing: Amazon.com Inc (O:AMZN) ...

Apple to lay off about 200 people at Beats: Bloomberg
By Reuters - Jul 31, 2014

(Reuters) - Apple Inc intends to lay off about 200 people at Beats Electronics LLC following its $3 billion acquisition of the headphone and music streaming services company, Bloomberg cited a person ...

Whole Foods Q3 Earnings: Slide Continues With Sales Miss
By International Business Times - Jul 30, 2014

By Connor Adams Sheets - Whole Foods released its third-quarter earnings report Wednesday afternoon, posting a lower-than-expected comparable-store sales growth figure. But the company announced plans...

S&P 500, Nasdaq end up as Fed in no rush to raise rates
By Reuters - Jul 30, 2014

By Caroline Valetkevitch NEW YORK (Reuters) - The S&P 500 and Nasdaq ended higher on Wednesday after the Federal Reserve gave a rosier assessment of the U.S. economy while reaffirming that it is...

Chrysler recalls Fiat 500L on knee air bag issue
By Reuters - Jul 30, 2014

DETROIT (Reuters) - Chrysler Group LLC will recall about 29,500 Fiat 500L compact cars because knee air bags may not work properly if a driver is not wearing a seat belt, the company said on ...

How Malaysia Airlines Can Save Itself - Or Not
By International Business Times - Jul 30, 2014

By Ismat Sarah Mangla - If there is a brand more toxic right now than Malaysia Airlines, you’d be hard-pressed to name it. The southeast Asian country’s beleaguered national airline has suffered two ...