GameStop profit falls 32 percent on fewer hit video game titles; full-year outlook cutAugust 20th, 2009 GameStop posts disappointing profit, cuts outlookGRAPEVINE, Texas — GameStop Corp., the world's largest video game and entertainments software retailer, posted disappointing fiscal second-quarter results on Thursday and lowered its full-year earnings forecast, citing fewer hit video games and cautious consumers. Shares tumbled in morning trading.
Google, Motorola announce job cuts - Microsoft next?January 14th, 2009 SAN FRANCISCO - Even mighty Google is feeling the effects of the global recession. The advertising and software giant is cutting 100 recruiting jobs and plans to shutter three engineering offices in Norway, Sweden and Texas, the company announced.
Nokia to lay off 450 More, Plans to Tightens up Cost cutting measuresApril 28th, 2009 Nokia to lay off 450 employeesHELSINKI — Nokia Corp. said Tuesday it will lay off up to 450 workers worldwide and streamline operations, in a move to further cut costs.
AT&T earnings fall 10 percent but beat analyst estimates; iPhone softens the economy's impactApril 22nd, 2009 AT&T earnings fall, but iPhone cushions the blowNEW YORK — Cost-cutting and the lure of the iPhone softened the effect of the weak economy at AT&T Inc., helping the country's biggest telecommunications carrier beat analyst estimates for the first quarter. AT&T said Wednesday it earned more than $3.1 billion, or 53 cents per share, in the first three months of 2009, down 10 percent from almost $3.5 billion, or 57 cents per share, a year earlier.
Toyota board votes to end contract to build vehicles at California plantAugust 27th, 2009 Toyota plans to end production at joint ventureWASHINGTON — Toyota Motor Corp. plans to end production in March 2010 at a California joint venture where it has built vehicles with General Motors Co.
Sony plans to come out with 3-D TV next year: ReportSeptember 2nd, 2009 NEW YORK - The Japanese electronics company Sony Corp plans to introduce a liquid-crystal-display television capable of playing 3-D programming by the end of next year, The Wall Street Journal reported Wednesday. Sony is to announce its plans for the new TV next week at the IFA consumer electronics show in Berlin, an unnamed source familiar with the plans told the Journal.
Disk maker Seagate to shut Singapore factory with 2,000 workers affectedAugust 4th, 2009 Disk maker Seagate to shut Singapore factorySINGAPORE — Hard disk maker Seagate Technologies LLC. said Tuesday it plans to shut its Singapore factory by the end of next year to cut costs.
Summary Box: Sony cuts price of PlayStation 3 console by $100 ahead of holidaysAugust 19th, 2009 Summary Box: Sony cuts price of PS3 by $100GEARING UP FOR HOLIDAYS: Sony Corp.'s move to cut the price of its PlayStation 3 console by $100 comes well ahead of the holiday season and should boost sales not just for Sony but the video game industry as a whole during this important period. LONG EXPECTED: The 80-gigabyte PS3 will now cost $299 and a slimmer, lighter one is planned for the same price.
Microsoft cutting price of high-end Xbox 360 by $100August 27th, 2009 Microsoft cutting price of high-end Xbox 360NEW YORK — Microsoft Corp. is slashing the price of the high-end Xbox 360 console by $100, matching Sony's $100 price cut for the PlayStation 3 last week.
Nokia India agrees to discuss workers' demandsAugust 15th, 2009 CHENNAI - A day after employees staged a sit-in in front of the Nokia India plant here, the management Saturday agreed to discuss their demands, including a higher wage hike than they were offered. A union official said a reconciliatory meeting between employees representatives and company officials ended amicably Saturday and workers would submit a charter of demands next week.
Motorola shows off company's first phone using Google's Android operating systemSeptember 10th, 2009 Motorola shows off its first Google Android phoneSAN FRANCISCO — Struggling handset maker Motorola has unveiled its first phone using Android. It is banking on Google's free operating system to power features and applications that will attract consumers looking to use their phones to connect with their friends, family and colleagues.
Toyota executive: Automaker hoping to make quick decision on California joint venture plantJuly 20th, 2009 Toyota to make decision on California plant soonWASHINGTON — Toyota's top U.S. executive said Monday the company will make a decision "as quickly as possible" on the fate of its California joint venture plant with General Motors as it evaluates the chaotic U.S.
Toyota board votes to quit building vehicles at industry's last West Coast auto assembly plantAugust 27th, 2009 Toyota plans to end production at Calif. plantWASHINGTON — Toyota Motor Corp.
GM investing more than $21M at Flint plant to build 2011 Chevrolet light-duty crew cab truckSeptember 21st, 2009 GM investing $21 million in Flint Assembly plantFLINT, Mich. — General Motors Co.
Toyota plant churns out Prius to meet hot demand _ but plans to open US factory on holdJune 5th, 2009 Toyota plant on a roll with hit PriusTOYOTA, Japan — Toyota's Tsutsumi plant was abuzz with drills and other machinery Friday, with workers brought in from other, less busy plants to crank out the new Prius to keep up with bursting demand for the hybrid car. But the Toyota Motor Corp.
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