Obama: U.S. Needs Rules for Commercial Drones

Related Link: 

A day after a consumer drone landed on the White House grounds, President Barack Obama said the U.S. needs regulations to ensure unmanned aircraft “aren’t dangerous and that they’re not violating people’s privacy.”

Novartis Upbeat Despite Weaker Profit

Related Link: 

Swiss pharmaceutical giant Novartis reported a fall in fourth-quarter profit but said it expects its business to gain momentum this year despite uncertainty spawned by the strengthened Swiss franc.

NFL to Air Domestic-Abuse Ad at Super Bowl

Related Link: 

The NFL is financing a chilling spot on domestic violence to air during the Super Bowl, as the league looks to repair damage to its image caused by player scandals.

Foreign Law Firms Face Pressure in China

Related Link: 

For foreign lawyers looking for work in China, scrutiny from regulators over possible mergers and culture clashes between Eastern and Western firms create hurdles.

Ericsson Hurt by North American Slowdown

Related Link: 

Sweden’s Ericsson reported a weaker-than-expected fourth-quarter net profit and said sales growth had stalled, after Norther American network operators curbed investment in new high-speed wireless networks.

Yahoo Holders Await Plan for Alibaba Assets

Related Link: 

Marissa Mayer is expected to unveil her plan for unlocking Yahoo’s investments in Alibaba and Yahoo Japan when the company reports earnings on Tuesday.

Greek Ship Owners Fear Syriza Tax Plan

Related Link: 

Several owners in Greece’s important shipping sector say they fear the new government led by radical-left party Syriza will levy higher taxes that the industry can’t afford.

Philips Profit Plunges

Related Link: 

Philips warned that it has fallen behind its financial targets following a number of setbacks that contributed to a 67% drop in fourth-quarter net profit.

Oil Slump Seen Crimping Near-Term Helicopter Demand

Related Link: 

Sharp cuts in oil and gas exploration budgets at companies from BP PLC to Royal Dutch Shell PLC are expected to crimp near-term helicopter demand as providers of these reassess operational priorities in a period of low crude prices

Corning Sales Grow on LCD Glass Demand

Related Link: 

Corning said that continued demand for its specialty materials, along with revenue growth from its acquisition of a Korean LCD-glass manufacturer, drove stronger-than-expected results for the fourth quarter.

Syndicate content