Recent Posts

BMW’s profitability hits lowest since 2010

  Bloomberg BMW AG reported its weakest profitability since 2010, capping a negative year for Chief Executive Officer Harald Krueger after losing the luxury-car crown to arch-rival Mercedes-Benz. Amid higher spending on electric-car and autonomous-driving technologies, BMW’s automotive profit margin narrowed to 8.9 percent in 2016 from 9.2 percent a year earlier, according to a statement on Thursday. The shares ...

Read More »

Aviva gains on plan to return cash as operating profit rises

  Bloomberg Aviva Plc, Britain’s second-largest insurer, raised its dividend and said it will return more cash to shareholders this year after higher earnings at the life insurance unit helped boost full-year operating profit. The shares rose the most in seven months. Operating profit climbed 12 percent to 3.01 billion pounds ($3.66 billion) from a year earlier and Aviva raised ...

Read More »

Smart tech comes with risks

  NEW YORK / AP These days, it’s possible to use your phone and sometimes just your voice to control everything from your TV to your lights, your thermostat and shades, even your car or medical device. (At least, once you have gadgets that can listen.) But the WikiLeaks allegation that the CIA commandeered some Samsung smart TVs as listening ...

Read More »
Send this to a friend