Almost 80 percent of Standard & Poor’s 500 Index companies have posted profit that exceeded analysts’ estimates so far this earnings season, as results from Facebook Inc., Visa Inc. and Viacom Inc. provided further evidence of a strengthening economy.
In the British Columbia town of Kamloops, arid as a desert with cool summer nights, Telus Corp. only has to turn on the air conditioning about 40 hours a year to keep its computer servers from overheating.
BlackBerry Ltd. hired former HTC Corp. and Sony Ericsson executive Ron Louks to run its devices business, tasking him with reigniting demand for the company’s smartphones after years of market-share losses.
President Barack Obama met with a group of technology executives including Apple Inc.’s Tim Cook and Yahoo! Inc.’s Marissa Mayer as the administration is under pressure to curb broad government spying on communications.
President Barack Obama is meeting with a group of executives including Apple Inc.’s Tim Cook and Yahoo! Inc.’s Marissa Mayer whose companies are pushing the U.S. to curb broad government spying on communications.