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Toyota Charges up its Battery Options and Warms up to Lithium-ion Batteries

Giving Toyota Motor Corp the option to enter the growing all-electric car market, the Japanese automaker can now safely pack more power at no significant extra cost as engineers at the company say they have tamed volatile lithium-ion battery technology.   Toyota has largely held back...

U.S.’s Pentagon Spends Millions by EpiPen Price Hike: Reuters

U.S. government data provided to Reuters shows that as the U.S. Department of Defense covered more prescriptions for the lifesaving allergy shot at near retail prices, Mylan NV's price hikes on EpiPens have added millions to the agency’s spending since 2008.   Reuters reports that according...

Mobile, Video Ads Help Google Parent Alphabet Surge Profit

As Google parent Alphabet Inc showed it has honed its core business for the mobile era and is closing in on the next wave of computing, the search company bested analysts' estimates for third-quarter profit and revenue.   Marking the search giant's seventh straight quarter of double-digit...

Tech Firms Take on Economy-Class Flight Challenge

One of air travel's last undisrupted bastions - the economy-class cabin, is being taken on by some start-ups. There's been less attention to innovation at the rear of the plane, while first and business class travelers have long enjoyed comfort upgrades.   "We want to make travel memorable...

Conditional Approval of AT&T-Time Warner Deal given by Netflix CEO

Provided that his popular media streaming company continued to be treated fairly, he was in favor of AT&T Inc's planned $85.4 billion acquisition of Time Warner Inc, said Netflix Chief Executive Reed Hastings.   Hastings said it was critical that Netflix's content be treated the same as...

9 Percent Rise in Q3 Core Earnings Posted by Staffing Giant Randstad

Staffing agency Randstad said that it saw softness in the United Kingdom and its key market of the Netherlands even as the world's second-largest staffing agency reported a nearly 9 percent rise in core earnings in the third quarter on Tuesday.   Going up from 249 million euros in the three...

25 Percent Stake in Hilton for $6.5 Billion to be Bought by China's HNA

About 25 percent of hotel operator and manager Hilton Worldwide Holdings Inc would be bought over by Chinese aviation and shipping conglomerate HNA Group.   The Chinese company said this on Monday.   The Chinese company would buy the shares from Blackstone Group LP which is the...

Even as Shares Fall, Time Warner Deal Clearances Expected by AT&T CEO

Even as investors showed skepticism by pushing shares of both companies lower, AT&T Inc Chief Executive Randall Stephenson said that he expects the planned $85.4 billion acquisition of Time Warner Inc to receive regulatory clearances.   He was speaking to investors on Monday when he said...

Global Risks for Airbnb Highlighted by New NYC Law and San Francisco Lawsuit

A reckoning is faced by Airbnb, the online lodging service that investors now believe is worth $30 billion.   The simmering tensions that were generated as the company clashed with local public officials seeking to minimize the impact of short-term rentals on neighborhoods and urban housing...

LG Chem Batteries for its New Phones Being Considered by Samsung

Following a safety scandal that led to the withdrawal of Samsung's Galaxy Note 7 phones, Samsung Electronics is taking no chances.   While reports suggested earlier that it had replaced its former battery suppliers, latest media reports, quoting sources familiar with the matter, said that...

To Calm Fears about Spy 'Back Doors', Microsoft to Show Code in Brazil

In an attempt to allay suspicions in the region that its software programs are vulnerable to spying, Microsoft Corp opened a center in Brazil on Wednesday where officials will be able to inspect its programming code as the company is still being stung by accusations that it installed "back doors"...

Google in Talks with Others on Web TV, Signs Agreement with CBS: Reuters

Reuters reported on Wednesday that Alphabet Inc's Google is in advanced talks with 21st Century Fox, Walt Disney Co and Viacom Inc to distribute their channels through its web service.   People with knowledge of the talks also told Reuters on Wednesday that Google has reached an agreement...
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