(Bloomberg) -- Ford Motor Co., rolling out a new aluminum version of its F-150 pickup, said fourth-quarter profit fell 98 percent as it restricted production of its top-selling truck and was battered by losses in Europe and South America.
SAN FRANCISCO - The biggest threat to market-leading tech giants is a rapid change in the technology underlying their most important markets.
Shares of Alibaba sunk more than 8% in pre-market trading after the e-commerce giant reported revenue for the December quarter that missed Wall Street estimates.
Steve Easterbrook comes to the helm of McDonalds as its first British-born boss - but also with a reputation for doing things differently.
In a sign of the impact on the oil sector of the slump in energy prices, Royal Dutch Shell Plc said Thursday it plans to cut spending by $15 billion over the next three years amid a drop in earnings.