Famous as the brand behind the copy machine, the now-struggling Xerox will divide itself into one company grouping its hardware operations and another that will house its services business, according to the Journal.
The main development has been how the markets have reacted to Fed Chair Janet Yellen testimony to Congress – her message being rate rises may be delayed but not abandoned, but her dovish tone showed the Fed was concerned about the global markets.
Morgan Stanley has agreed to pay $3.2 billion to federal and state authorities to settle charges over financial instruments that contributed to the housing crisis last decade.
It has risen about 14 per cent so far this year on expectations that the Fed will slow down its interest rate increases amid global economic volatility.
The stalled growth in the average number of active monthly users came despite various changes introduced to make Twitter easier to use and its website more engaging.
Oil producers including BP Plc and Royal Dutch Shell Plc have stuck doggedly to their dividends, cutting operating costs and investments to free up cash for shareholders as the price plunge dents earnings.
The downward trend in mortgage rates continued for the sixth consecutive week amid ongoing market volatility, the latest results of Freddie Mac’s Primary Mortgage Market Survey found.
Over the past year, 94-year-old publisher Time Inc. has made several high-profile, digital-first acquisitions-including of HelloGiggles and xoJane-and now it’s added another: Viant Technology, the parent company of 12-year-old social network Myspace. This platform allows...
Last Week, CDA News reported that Samsung’s ad-blocking app was removed from the Play Store for allegedly violating a section of the Store’s developer agreements.