McDonald's suffers drop in sales after losing business to other food chains. Its rebound plan fails to deliver the desired results, focusing more on popular regional menu items.
United States
Teva nears deal for Allergan's generic drugs unit: source
Teva Pharmaceutical Industries Ltd (TEVA.TA) is in advanced talks to buy Allergan Plc's (AGN.N) generic drug business following a thus far unsuccessful effort to acquire peer Mylan NV (MYL.O), according to a person familiar with the matter.
Nvidia Shield Portable Console gets Android Lollipop 5.1 update
Nvidia has announced that a major update is now available for their Android-based Shield Portable Handheld Console. This new update follows last February's release, which featured system stability fixes and improvements to how the console's system runs and handles emulators.
US Senate expands Department of Homeland Security powers after data breach
Senators from both the Republican and Democrat sides of the US Senate have come together to enact legislation that will enhance the powers of the US Department of Homeland Security in order to protect government Internet addresses.
Bank of America CFO exits in management shake-up
Bank of America has restructured its top managerial positions. The latest major shuffle witnessed the departure of the bank's CFO Bruce Thompson and retirement of executive David Darnell, who has been with the bank for over 35 years and will retire in the fourth quarter as vice-chairman.
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Amazon.com Inc. has surpassed Wal-Mart Stores Inc. in market value. This comes after the online retailer reported revenues and profits exceeding Wall Street expectations for the second quarter ending June 30.
AT&T recorded 1.4% growth in revenues taking to $33 billion during the second quarter of 2015 and increased the number of wireless customers by 2.1million during the period. The market analysts projected that revenues would be $33.07billion. Earnings per share (EPS) of the company grew 61% to 69 cents.
NBA superstar LeBron James announced on Wednesday he is teaming up with Warner Bros. through his entertainment company, Springhill Entertainment, to produce and co-own TV programs, movies and digital contents.
Honda Accord 2016 was launched in the Bay Area, showcasing Apple's CarPlay and Google's Android Auto
Honda launched Accord 2016 at the San Francisco Bay Area with Apple's CarPlay and Android Auto. The car manufacturer also opened its Mountain View Research and Development Facility, which will concentrate on developing new technologies for upcoming editions.
NASA astronauts KJell Lindgren from the United States, Kimiya Yui from Japan and Oleg Kononenko from Russia had headed off from the Baikonur Cosmodrome in Kazakhstan for a five-month mission to the International Space Station.
District 43 assembly member Mike Gatto and Sen. Ted Gaines wrote Senate Bill 167 and 168 intended to penalize drone operators for flying near the wildfire site in Sacramento, California.
After their game-changing team-up on the first generation of the Nexus tablet, tech stalwarts Asus and Google have collaborated once more on a hardware project, this time resulting in the release of the Asus Chromebook Flip.
Apple may have exceeded internal targets for third quarter of fiscal year 2015, but Wall Street is not impressed. In its earnings report, the company announced that sales of iPhone, which represents more than half of Apple's business, had increased.Apple sold 47.5 million iPhone units.
Starting August 1, AT&T will charge $45 for new installations and upgrades to those who are under a one to two-year contract. AT&T will also charge another $15 activation fee for the new subscribers of AT&T Next even if you bring your own phone.
