Business Stories from May 3, 2014 (Change date)
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Intel posts lower 1Q net income, higher revenueMay 03, 2014 8:15 am - NEW YORK - Intel's earnings fell in the first three months of the year, but revenue grew because of solid demand for tablet processors and its data center services. Inte...
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Europe warns Google, Samsung on phone patent abuseMay 03, 2014 8:15 am - AMSTERDAM - The European Commission has said that Google's Motorola Mobility abused its market position in Europe by refusing to grant crucial technology licenses to riv...
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Google, Apple settle high-tech workers' lawsuitMay 03, 2014 4:50 pm - SAN FRANCISCO - Google, Apple, Intel and Adobe Systems have settled a class-action lawsuit alleging they conspired to prevent their engineers and other highly sought tec...
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Ride-sharing app Lyft expands to new marketsMay 03, 2014 4:50 pm - NEW YORK - Lyft, the on-demand ride-sharing app best known by the fuzzy pink mustaches on its cars, is launching its service in 24 new U.S. markets. The expansion nearly...
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Facebook leaves mobile concerns in dust with surge in revenueMay 04, 2014 7:21 am - Facebook Inc. was once mired in mobile-advertising doldrums. That was so 2012. The world's largest social-networking site reported first- quarter profit and revenue this...
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GM recalling 51,640 SUVs for defective fuel gaugesMay 04, 2014 7:21 am - DETROIT - General Motors is recalling 51,640 SUVs because the fuel gauges may show inaccurate readings. The recall involves the Buick Enclave, Chevrolet Traverse and GMC...
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T-Mobile adds 1.3 million customers as Sprint pursues dealMay 03, 2014 1:05 am - T-Mobile US Inc. added more subscribers in the first quarter than AT&T Inc. and Verizon Communications Inc. combined, heightening the carrier's allure as Sprint Corp. pu...
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LCD pioneer Heilmeier dies at 77May 04, 2014 7:21 am - George Heilmeier, one of the principal creators of the liquid crystal display (LCD) technology that made it possible to hang television sets on walls and carry compu...
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As Facebook matures, it looks to grow mobile reachMay 04, 2014 7:21 am - SAN FRANCISCO - Mark Zuckerberg, like Facebook, is maturing. The soon-to-be 30-year-old CEO of the decade-old social networking company grew reflective as he stood befor...
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Video board brings race closer to Derby fansMay 04, 2014 7:21 am - LOUISVILLE, Ky. - Everything is more audacious at the Kentucky Derby - the crowd, the hats, the wagering and now the gigantic video board displaying the horses in super-...