US Business News

Sotheby's Earnings Fall as Expenses Grow

Related Link: 

Sotheby’s posted an 18.5% drop in earnings due to higher expenses, as the auction house faces pressure from shareholders and searches for a new chief executive.

Wynn Resorts Seeks to Block Elaine Wynn From Board

Related Link: 

Wynn Resorts is seeking to block Elaine Wynn—a major shareholder, longtime director and the ex-wife of company Chairman Steve Wynn—from its board.

Vodafone to Launch U.K. TV Services

Related Link: 

Vodafone will launch television services later this year as the wireless telecoms operator tries to boost revenues amid greater competition from incumbent players.

Samsung Looks to Outsmart Apple, Google on Mobile Payments

Related Link: 

With its new Galaxy S6 smartphone, Samsung is looking to jump ahead of Apple and Google in one of the most competitive battlegrounds in mobile software and services—payments.

HTC Enters Virtual-Reality Market---Mobile World

Related Link: 

Taiwanese smartphone maker HTC Corp. is entering the world of virtual reality, part of its move to diversify its product line to boost sales.

Endo to Sell Men's Health Businesses to Boston Scientific

Related Link: 

Endo International PLC said Monday that it has agreed to sell its men’s health and prostate businesses to Boston Scientific for $1.6 billion, in a bid to streamline and focus instead on its core pharmaceuticals business.

BlackBerry Launches Cloud Version of Mobile Security Software

Related Link: 

BlackBerry announced a cloud version of its mobile security software, its latest move to win business from its traditional government and business customers.

Mitel to Buy Mavenir for $560 Million to Expand 4G LTE

Related Link: 

Mitel Networks has agreed to buy telecommunications provider Mavenir Systems for about $560 million in cash and stock, in a bid to capitalize on the growing demand for 4G LTE services.

RWE, Mikhail Fridman Group Close $5.7 billion Oil-and-Gas Deal

Related Link: 

German utility RWE AG said Monday it closed the sale of its oil-and-gas unit Dea for 5.1 billion euros ($5.7 billion) to a group of Russian investors led by Mikhail Fridman, who threatened legal action if the U.K. government blocked the British part of the deal.

Rebekah Brooks Near Deal for News Corp Job

Related Link: 

Rebekah Brooks is close to finalizing a deal to return to News Corp, people familiar with the matter said.

Syndicate content