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The Wall Street Journal: Justice Department investigating allegations Sikorsky units overbilled Navy
2015-07-24 18:49:48| Paper - Topix.net
The Justice Department is seeking up to $148 million in damages and fines from United Technologies Corp. over allegations that subsidiaries of its helicopter business overbilled the U.S. Navy for spare parts. had previously disclosed the complaint against two subsidiaries of Sikorsky Aircraft, the helicopter unit.
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Wall Street falls for third day
2015-07-24 10:49:14| Railroads - Topix.net
US stocks fell for the third straight day on Thursday after disappointing corporate results and forecasts added to concerns about the US profit outlook. The Dow Jones industrial average fell back into the red for the year, with 3M, American Express and Caterpillar contributing the most to the average's fall.
Wall Street Breakfast: Greek Crisis Winds Down - Parliament Passes Reforms
2015-07-24 10:47:18| Semiconductors - Topix.net
Economy Greek Prime Minister Alexis Tsipras seems to have contained a rebellion in his left-wing Syriza party after winning parliamentary approval for a second package of reforms required to start bailout talks with international creditors. The bill covered rules for dealing with failed banks and speeding up the justice system - two more conditions set by the eurozone and IMF to open negotiations on an 86B rescue loan.
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Examples of what Amazon Home Services can offer: painting a room and mounting a wall TV.
2015-07-23 13:48:25| IT Services - Topix.net
Wednesday morning, the Web shopping giant formally announced that it has expanded Amazon Home Services to 15 metros across the United States, with Philadelphia as one of the new additions. While no help if you need ghostbusting, Amazon's service, launched elsewhere in March, already claims access to 900 services, contracted through local, regional and national companies, to handle anything from fixing a dripping faucet to tuning up a computer.
Apple, other tech stocks weigh on Wall St.
2015-07-22 21:41:27| Wireless - Topix.net
REUTERS: Wall Street declined in late morning trading on Wednesday, with the tech-heavy Nasdaq composite falling more than 1 percent after disappointing results from technology giants including Apple, the world's largest publicly traded company. Apple shares slumped as much as 6.7 percent to US$121.99, a day after the iPhone maker's revenue forecast for the fourth quarter fell below expectations.
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