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Daily Archives: October 16, 2017

Bombardier to partner Airbus on C-Series jets

European aerospace firm Airbus is to take a majority stake in Bombardier’s C-Series jet project. The C-Series has faced a series of problems, most recently a trade dispute in the US that imposed a 300% import tariff on the plane. Bombardier’s Northern Ireland’s director Michael Ryan said the deal was “great news” for the Belfast operation. About 1,000 jobs are ...

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VirtualBox: Everything the pros need to know

VirtualBox has been enabling open source enthusiasts, IT admins, and tech writers to host various operating systems on a host machine for years. Anyone that wants to test out new platforms, develop, or manage virtual machine (VM) servers can turn to this free, open source tool to strengthen their skills or expand their company’s services. This smart person’s guide is ...

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The Biggest Loser: It’s PG&E…Again

Shares of PG&E (PCG) tumbled to the bottom of the S&P 500 Monday after an analyst at J.P. Morgan warned that the company could face dramatic losses if found responsible for the wildfires devastating northern California. Shares of the power utility fell more than 7.4% to close at $ 53.43 a share. That share price drop led the company’s market capitalization ...

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Colony Capital injects cash, in talks to buy Weinstein Co

NEW YORK (Reuters) – The Weinstein Company has entered talks to sell the bulk of its assets to private equity firm Colony Capital, the companies said on Monday, as the film production company looks for stability after firing co-founder Harvey Weinstein. Co-Chairman Bob Weinstein, Harvey’s brother and fellow co-founder, on Friday had denied the firm was seeking to sell or ...

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Watching GE struggle is 'painful,' Bob Nardelli says

Watching General Electric struggle is painful, said Bob Nardelli, the company’s former transportation CEO and power systems CEO. GE’s famously predictable stock price has fallen 26 percent this year. John Flannery replaced Jeff Immelt as CEO in June. Earlier this month, the company made s… Business

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China poised to be top foreign buyer of Thai property

Bangkok SANSIRI, one of Thailand’s largest property developers by sales, sees China becoming its biggest foreign revenue source as early as this year, the latest sign that the world’s largest property-buying binge is undimmed by China’s tighter capital controls. The Bangkok-based Let’s block ads! (Why?) … The Business Times

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US buyers favour iPhone 7 over 8: research

Tue, Oct 17, 2017 – 6:30 AM [BENGALURU] Apple Inc’s older iPhone 7 models are outselling the recently launched iPhone 8 ahead of the early November debut of the premium iPhone X, broker KeyBanc Capital Markets said, citing carrier store surveys. Traditionally, new editions of the iPhone have sold quickly as fans queue for the latest upgrade, but early surveys ...

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