Posts Tagged Corporate news

Clarification: GM-Recalls-Rental Cars story

WASHINGTON (AP) — In a story July 16, The Associated Press reported that General Motors became the first big automaker to support legislation barring rental-car companies from renting or selling vehicles subject to a recall. The story should have specified that current law bans car dealerships only from selling new cars under recall, not used recalled cars.

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Netflix tops 50M subscribers as 2Q earnings soar

This image released by Netflix shows Taylor Schilling, left, and Uzo Aduba in a scene from "Orange Is the New Black." Netflix reports quarterly earnings on Monday, July 21, 2014. (AP Photo/Netflix, Paul Schiraldi, File)

SAN FRANCISCO (AP) — Netflix’s second-quarter earnings more than doubled as new episodes from a hit series helped the Internet video service surpass 50 million worldwide subscribers for the first time.

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Microsoft makes design central to its future

In this photo taken July 3, 2014, Ralf Groene, chief designer for the Microsoft Surface tablet computer, poses for a photo with a Surface 3 Pro tablet, right, in front of a milling machine used to produce parts for the computer, like the one he is holding at left, in Redmond, Wash. As Microsoft competes with Apple and other companies for hardware sales, the software giant has put a new emphasis on design. (AP Photo/Ted S. Warren)

REDMOND, Wash. (AP) — Before Ralf Groene helped devise the look and feel of Microsoft’s Surface tablet, he designed food — or “food concepts,” he says, for people on the go. Among them: dried noodles that come wrapped around a pair of chopsticks; a tubular meal that can be pulled with two fingers from a car cup holder base; and a fork that squeezes out sauce.

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Microsoft’s 3Q earnings grow 31 pct; stock falls

In this Jan. 5, 2011 file photo, Microsoft chief executive officer Steve Ballmer gives his Keynote speech for the Consumer Electronics Show, in Las Vegas. Microsoft reports quarterly earnings Thursday, April 28, 2011, after the market close.(AP Photo/Julie Jacobson, file)

Microsoft Corp.’s latest quarterly earnings rose 31 percent even as sales of its Windows operating system sagged.

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