Sanjeev Lama

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Organic Growth and Acquisitions Drive a Strong Quarter for Moody's Corporation

The company benefited from appreciable growth in its two major operating segments, as well as revenue from a recently acquired Belgian data set …

Investing

Apple makes more money with services than AirPods, Apple TV, Watch, and iPad sales combined

Apple announced today that revenue from its services division came in at $8.5 billion in the past quarter, a 34 percent year over year increase. That revenue is now more than both iPad and Apple’s “other products” division — which includes AirPods and other accessories, Apple TV, Apple Watch, iPod …

Walmart Moves From Traditional Retailer To High-Tech Innovator

How does any company compete with Amazon? For most businesses, the matchup would be a David versus Goliath story. A small business or local retailer must learn how to differentiate itself from its big box or online competitors to succeed. But, what happens when one big retailer competes …

eCommerce

China takes first step toward airline big leagues with passenger jet maiden flight

By Simon Denyer<p>, Bureau chief<p>BEIJING — China took a step toward the aviation big leagues Friday with the long-delayed, but successful, maiden flight of its first modern passenger jet.<p>China hopes its aircraft industry can someday challenge the Western duopoly of Boeing and Airbus, especially for its …

Apple and Microsoft still haven’t saved the tablet market

The tablet market continues to shrink worldwide, with the beginning of 2017 marking the 10th straight quarter where shipments declined year over year.<p>The research firm IDC says that first quarter 2017 shipments were at 36.2 million, down 8.5 percent from the same time last year. First quarter …

Heineken buys full ownership of California craft brewer Lagunitas

Dutch brewing giant Heineken said Thursday it bought full ownership of California craft beer maker Lagunitas Brewing Co. in a move to further expand Lagunitas' overseas distribution.<p>Heineken, which acquired a 50% stake in Lagunitas two years ago, didn't disclose how much it paid for the remaining …

Apple’s China sales continue to decay as once promising market becomes a drag on earnings

China once represented Apple’s great hope: a huge, booming market, a growing middle class, a great admiration of the Apple brand.<p>Instead, as the latest quarterly earnings show, China has turned into one of the company’s biggest headaches. And as time passes, things in China only seem to be getting …