Reuters IBM’s CEO Ginni Rometty. IBM shares fell sharply Wednesday after the company reported its 20th quarter of declining revenue, and earnings that were worse than analysts expected. Profits have been eroding for years as competition and the internet displaced the hardware services segments that were once its core businesses. In recent years, it’s spent a lot of […]

Reuters A bonfire pyre with the words “EU EXIT” is seen in Tiger’s Bay. LONDON — British workers’ confidence in the government’s negotiating skills remains very low ahead of Article 50′s scheduled trigger on Wednesday afternoon, according to a survey of over 2,000 people from salary ranking website Glassdoor. Britain’s two-year exit process from the […]

[unable to retrieve full-text content] AP Photo/Richard Drew Bill Ackman. It’s time to check in on a Wall Street disaster. Valeant Pharmaceuticals will report earnings on February 28, and analysts up and down Wall Street remain skeptical that the company can get back on its feet after a nightmarish run. Here’s what Wells Fargo analyst […]

LONDON — A top London technology investment banker says the blockbuster stock market listing of the company behind messaging app Snapchat looks like a “very risky” investment. Asked about Snap’s upcoming IPO, GP Bullhound’s Manish Madhvani told Business Insider: “It’s very difficult, that market. I don’t personally like investing in that market — social, where […]

Matthew DeBord/Business Insider So slim! About a year and a half , I benched my old wallet and replaced it with a svelte new model crafted by artisans right here in the USA. It was a decision that has made me spectacularly happy. It’s the little things in life, obviously. Backstory: I was a card-case-and-moneyclip guy […]

Amos Chapple The holiday spirit might not totally explain what makes Rudolph’s nose glow so bright. Thirty years after a nuclear power plant exploded at Chernobyl, the reindeer that walk the picturesque, snow-capped mountains of Scandinavia are still radioactive. They weren’t the only ones affected. For generations, the Sami people, native to the Arctic North, […]

Reuters Former Valeant CEO Michael Pearson (L-R), former CFO Howard Schiller and Pershing Square Capital Management CEO Bill Ackman testify about price spikes in decades-old pharmaceuticals before a hearing of the U.S. Senate Special Committee on Aging on Capitol Hill in Washington, U.S. April 27, 2016. Philidor is dead, long live Philidor. Last year the […]

Norwegian Air is making waves in the airline industry. Recently, Norwegian Air chief commercial officer Thomas Ramdahl told Business Insider in an interview his airline plans to launch $ 69 fares on trans-Atlantic flights starting next year. As a long-time Boeing customer, Norwegian selected the new generation 737 MAX 8 to launch the new fare. […]