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Revenue forecast for the current quarter also came in below estimates.

Yum Brands, for instance, posted a revenue drop in the latest quarter, with sales at established Taco Bell locations falling by 1 percent from the year before. Stifel restaurant analyst Paul Westra on Tuesday called it the start of a US restaurant recession.

Just two quarters after Apple published the strongest set of quarterly results in corporate history, Apple shares have fallen by over 20% from early 2016 highs.

Kevin Flynn, managing director of Fiat Chrysler Automobiles India, said, “Fortunately, Jeep on a global sales level is predominantly petrol so we are homologating these models so we can react to the market once clarity is known”. The automaker said that it was...

In May, the unemployment rate was 4.6 percent, the lowest it had been this year.

Two cities downstream from the Husky Energy pipeline leak near Maidstone, Sask., have stopped drawing water from the river.

The rumors are true!

The Bollywood star Salman Khan is acquitted by the Rajasthan High Court in the 1998 Blackbuck and Chinkara poaching cases.

Woolworths is to axe 500 jobs in its back office and supply departments as part of an overhaul of its business amid tough competition in the Australian retail industry.

They indicated that they would closely monitor developments associated with the referendum as well as other global economic and financial developments that could affect the USA outlook.’USD Exchange Rates Forecast to Weaken if Fed Hints at Static RatesIf the Fed’s...

An additional property transfer tax rate of 15 per cent will apply to purchasers of residential real estate who are foreign nationals or foreign-controlled corporations.

The network’s parent company, 21st Century Fox, announced Roger Ailes’ resignation on Thursday. His resignation comes amid a budding sexual harassment scandal. 21st Century Fox swiftly opened an investigation into the claims that remains ongoing, one whose findings...

The House of Cards actress will play Diana’s aunt, General Antiope, the woman responsible for teaching her to become the fiercest warrior in the DC comic universe.

Why? Nintendo isn’t the only company with a stake in the hit augmented reality game, and it might be earning a smaller share of game profits than investors had expected. It said that it was leaving its profits forecast for the current financial year to March 2017 unchanged....

Nintendo has about a 13% stake in the game.