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Samsung projects 23% jump in 2Q profit on strong chip sales

SEOUL, South Korea (AP) - Samsung Electronics Co. said Tuesday its operating profit for the last quarter likely rose 23% from the same period...

Samsung projects 23% jump in 2Q profit on strong chip sales

SEOUL, South Korea (AP) - Samsung Electronics Co. said Tuesday its operating profit for the last quarter likely rose 23% from the same period...

Samsung projects profit jump for 2nd quarter

SEOUL, South Korea (AP) - Samsung Electronics Co. said Tuesday its operating profit for the last quarter likely rose 23% from the same period...

Stocks are mixed on Wall Street, with enthusiasm checked

Stocks are mixed in tentative midday trading on Wall Street Tuesday, as investors wait to see how well the lifting of lockdowns around the...

US stock indexes open slightly higher as some calm returns

NEW YORK (AP) - Stocks are off to a slightly higher start on Wall Street as more signs of calm steadily return to the...

Siemens says profits down, this quarter could be the bottom

FRANKFURT, Germany (AP) - Siemens AG, maker of trains, power generators and medical scanners, saw net profit sag during the most recent quarter due...

NYT says it can ‘ride out’ virus as subscriber numbers boom

The New York Times Co. added new digital subscribers at a record rate as the coronavirus spread in the first quarter, helping offset shrinking...

Uber to lay off 3,700 workers and CEO to waive salary

NEW YORK (AP) - Uber is cutting 3,700 full-time workers, about 14% of its workforce, and its CEO will give up his base salary...

Disney Q2 profit sinks on pandemic woes

NEW YORK (AP) - Disney reported a steep decline in profit as many segments of its media and entertainment offerings have ground to a...

Economic figures show grim toll in Europe and US from virus

NEW YORK (AP) - Bleak new figures Thursday underscored the worldwide economic pain inflicted by the coronavirus: The number of Americans filing for unemployment...