Salesforce.com Inc., the largest maker of online customer-management tools, forecast profit for the fiscal second quarter that missed some analysts’ estimates as companies curtail spending on new business software.
New York Governor Andrew Cuomo’s plan to fix the Long Island Power Authority, which left thousands of customers in the dark for weeks after Hurricane Sandy, isn’t winning over municipal-bond investors.
Halfords Group Plc, the car-repair business that is also the U.K.’s biggest seller of bicycles, fell the most on record after announcing a surprise dividend reduction to boost investment in training workers, revamping stores and improving its Web offering.
President Barack Obama is facing a make-or-break week as he tries to seize control of three scandal story lines that could upend one of the top priorities of his second term: revising the nation’s immigration laws.
Michael O’Leary, who built Ryanair Holdings Plc into Europe’s biggest discount airline over two decades, pledged to stay another five years and render its dominance complete as competitors exit short-haul flying.
Just weeks after his re-election, President Barack Obama summoned about 20 senior administration officials to the White House’s Roosevelt Room for an hour-long meeting on the implementation of his health-care law.