Business

  • AT&T’s Stock Drops Down As The Company Misses Expected Revenue Targets

    AT&T’s Stock Drops Down As The Company Misses Expected Revenue Targets

    Telecom giant AT&T has reported its Q4 profit which has fulfilled the expectations but the increase in number of postpaid wireless phone subscribers along with the generated revenue has fallen short of the estimates derived by the analysts. The stock of the company has dropped down in the morning hours of the trade. The company has revealed the data in…

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  • AT&T To Cut Employments In Ineffective Business Units

    AT&T To Cut Employments In Ineffective Business Units

    AT&T allegedly is preparing for more suspensions. The firm took this decision days after the Communications Workers of America (CWA) condemned the telco for cutting over 10,000 employments last year. According to the reports, the leadership from AT&T is preparing for a “geographic rationalization” and employment “surplus” reduction. This move by the firm is supposed to unite some aspects of…

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  • Active Week For Dow With Corporate Earnings, Trade Talks And Fed Policy

    Active Week For Dow With Corporate Earnings, Trade Talks And Fed Policy

    The week ahead is hectic but seems to begin with a slow start for U.S. stock futures as it shows traces of weakness. The market is waiting for many events that will determine its direction. There is a policy update by the Federal Reserve, economic reports, and earnings reports and of course the trade talks between the U.S. and China…

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  • 2 Ex Airline CEOs Slam Govt. Over Shutdown

    2 Ex Airline CEOs Slam Govt. Over Shutdown

    Former CEO of American Airlines Robert Crandall has slammed the US government for current crisis in civil services due to partial shutdown calling it irresponsible and dangerous for passengers’ safety. This was because in several airports across East Coast flights were disrupted due to increased sick leave among air traffic controllers forcing the government to end the ongoing shutdown and…

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  • Sony Europe Shifts Its Legal Base From UK To Amsterdam Over Brexit Woes

    Sony Europe Shifts Its Legal Base From UK To Amsterdam Over Brexit Woes

    Japanese electronics giant Sony has announced that it is shifting its European base from London to Amsterdam and has blamed the Brexit uncertainty for the sudden move. This move brings out the fears about Brexit among large Japanese corporations in UK which are among its major investors and their move will adversely affect the economy due to loss of jobs…

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  • Ramsgate Won't Be Prepared Before No-deal Brexit

    Ramsgate Won’t Be Prepared Before No-deal Brexit

    The counselor dedicated to the harbor area has confirmed that the Port of Ramsgate will not be ready for extra ferry services in the no-deal Brexit event. A contract worth £13.8 million has been given to the Seaborne Freight so the freight services run smoothly to and fro Ostend and Ramsgate in case of no-deal Brexit. However, Beverly Martin, the…

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  • TCL And Roku Brainstorming On 8K HDR TV Launching This Year

    TCL And Roku Brainstorming On 8K HDR TV Launching This Year

    TCL, which has proved itself as an incredible super TV maker, is designing an 8K TV in association with Roku, its software associate. The firms declared the project this week and claimed that the first 8K TCL Roku TV is planned for roll out by the end of this year. “Roku is creating an 8K hardware reference design, which TCL…

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  • Verizon Claims It Will Not Roll Out Fake 5G Logos Similar To AT&T

    Verizon Claims It Will Not Roll Out Fake 5G Logos Similar To AT&T

    Verizon claims that it will not lie to users about whether their handset is linked to a 5G network, as AT&T has fundamentally began to do. “We will not take an old handset and just modify the software to covert the 4 into a 5 in the status bar,” claimed Kyle Malady, at Verizon chief technical officer, to the media…

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  • All-Electric Car By Infiniti Will Be Inspired By This Ostentatious Concept

    All-Electric Car By Infiniti Will Be Inspired By This Ostentatious Concept

    Infiniti last year at North American International Auto Show in Detroit showed up with a low-slung, wild, futuristic car that seemed to come out of a villain’s garage from sci-fi movie. The oddest thing about that EV, although, was that the far-out concept was not electric. Rather than touting the future that parent firm Nissan appears so set on, the…

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  • Microsoft, Kroger Compete Amazon With The Next Gen Grocery Store Project

    Microsoft, Kroger Compete Amazon With The Next Gen Grocery Store Project

    Tech giant Microsoft has tied up with grocery chain Kroger to provide competition to Amazon’s grocery store with their futuristic pilot project which will provide cashier-less store facility to customers. The partnership is something of a response to Amazon’s foray into grocery supplies business after it acquired Whole Foods in 2017. The retail business of Amazon which is pushing new…

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