Consumer spending rose only 0.1% in August but "current economic conditions are heavily impacted by the effect of the recent hurricanes."
Xchange Leasing turned out to be losing an average of $9,000 per car — 18 times what Uber had expected.
A purely financial focus leads to damaging short-termism, KPMG says. Instead, put the focus on longer-term integrated business planning.
The offering is priced at the high end of Roku's expected range and would raise $126 million for the digital streaming company.
The better-than-expected increase, combined with another gain in core capital goods orders, indicate manufacturing's recovery is picking up steam.
Bitium's technology allows enterprises to give employees the same login for multiple cloud applications.
The company has agreed to acquire Livestream and launched Vimeo Live to offer live streaming tools directly through its platform.
The sale of the underperforming business to Swiss firm ABB continues former CEO Jeff Immelt's strategy of fostering growth by streamlining GE's…
The rating agency is concerned that China is not doing enough to "deleverage" its economy after years of credit-fueled stimulus.