Microsoft Reports $20 Billion in Revenue for Q3 of FY2016
Microsoft Corp. today announced the latest results results for the quarter ended March 31, 2016, with over 20 Billion in Revenue created. Revenue was $20.5 billion…
Economy
78 Sears, Kmart stores to close
Trying to cut its way to profitability, troubled Sears Holdings announced Thursday that it will close 68 Kmart and 10 Sears stores this summer in…
Intel to cut up to 12,000 jobs as PC industry swoons
Intel Corp (INTC.O) said on Tuesday it would cut up to 12,000 jobs globally, or 11 percent of its workforce, as it refocuses its business…
Intel planning for thousands of job cuts, internal sources say
Intel Reports Record Full-Year Revenue of $55.9 Billion, Generates Net Income of $11.7 Billion, Up 22 Percent Year-over-Year Intel is preparing a significant round of…
Why businesses are not using credit card chip readers
Major credit card companies urged retailers last October to make the switch to credit cards that used chips, instead of magnetic strips to complete transactions. But many…
H.R. 2666, the so-called No Rate Regulation of Broadband Internet Access Act
This is how the cable and phone companies will destroy online video competition and rip you off in the process. Later this week, the House…
Yahoo to cut 1,700 workers as CEO tries to save her own job
Yahoo is laying off about 1,700 employees and shedding some of its excess baggage in a shake-up likely to determine whether CEO Marissa Mayer can…
Circuit City returns with a new look
As you know, big-box retailers aren’t in great shape. Shoppers are spending billions of dollars online, including $105 billion this past Christmas, so those expensive-to-operate…
Cable, Satellite Box Rental Fees Could Become A Thing Of The Past
Your standard-issue cable or satellite box — and the steady, monthly fees you pay for the “honor” of using it — could become a thing…
Wendy’s investigating ‘unusual activity’ on payment cards
Wendy’s Co. said it is investigating reports of “unusual activity” on payment cards that had been used at some of its restaurants. The company said…