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GE Profit Tumbles 44%

GE Profit Tumbles 44%

The U.S. conglomerate and economic bellwether closes out one of the toughest years in its 117-year history.

 

Microsoft profit misses, to cut up to 5,000 jobs

Microsoft profit misses, to cut up to 5,000 jobs

Microsoft Corp posted quarterly results that missed Wall Street expectations, announced it would cut up to 5,000 jobs and said it could no longer offer profit forecasts for the rest of the fiscal year.

 

Sony Projects First Net Loss in 14 Years

Sony Corp. slashed its annual earnings forecast Thursday, projecting its first net loss in 14 years on slumping sales, a strong yen and restructuring costs.

 

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