SAN FRANCISCO (Reuters) - Apple's large-screen iPhones are a big hit in China, taking market share from Samsung and selling at a pace that may make China a greater source of revenue than the Americas for Apple in coming years, analysts said.
BEIJING (Reuters) - U.S. retailer Wal-Mart Stores Inc will build 115 new stores in China by 2017 and upgrade 50 stores this year, the company's chief executive said on Wednesday.
DETROIT (Reuters) - Detroit automakers have come full circle, relying as they did before the financial crisis on profits from selling trucks and sport utility vehicles in the United States to cover losses overseas.
(Reuters) - Wearable camera maker GoPro Inc reported quarterly profit and revenue that beat Wall Street expectations as sales surged outside of the United States.
(Reuters) - Twitter Inc posted quarterly revenue that missed Wall Street targets and cut its full-year revenue forecast due to weak demand for its new direct response advertising, sending its shares down as much as 24 percent on Tuesday.
(Reuters) - Kraft Foods Group Inc , which is merging with ketchup maker H.J. Heinz Co [HJHC.UL], on Wednesday reported profit that topped analyst estimates, driven by reduced advertising spending and overhead.
NEW YORK (Reuters) - Investors will rake in more than $1 trillion in 2015 as U.S. companies increase stock buybacks and boost dividends, Goldman Sachs Group Inc said, with benefits coming soon as many S&P 500 companies exit a blackout period for repurchases next week.
(Reuters) - MasterCard Inc's strong association with Chinese bank card behemoth UnionPay is expected to help it reap more benefits than larger rival Visa Inc as the country opens up its $7 trillion bank card payments market to foreign players.
WASHINGTON (Reuters) - U.S. homeownership slipped to a 25-year low in the first quarter, but sustained strong gains in the pace at which Americans are setting up homes supported the view that the housing sector will boost economic growth this year.
(Reuters) - Apple Inc remains undervalued and misunderstood, activist investor Carl Icahn tweeted, even as the company posted stellar quarterly results on Monday.