May2018
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Shares of Snap Inc fell 17 percent on Wednesday
May 2, 2018Shares of Snap Inc fell 17 percent on Wednesday, a day after the Snapchat owner missed first-quarter user targets and said revenue growth would see a substantial slowdown in the current quarter as the backlash over... -
Facebook Inc enters the dating game
May 2, 2018Facebook Inc is entering the dating game, Chief Executive Mark Zuckerberg said on Tuesday, planning a dating service to matchmake millions of people on the world’s largest online social network and nudge them into spending more... -
Scotland introduced minimum unit pricing on alcohol as it tries to improve public health
May 2, 2018Scotland introduced minimum unit pricing on alcohol on Tuesday as it tries to improve public health by raising the cost of cheap, strong drinks favored by young people and binge-drinkers. A unit of alcohol, defined as... -
Regeneron Pharmaceuticals Inc and Sanofi SA to slash the price of cholesterol drug for Express Scripts Holdings Co customers
May 2, 2018Regeneron Pharmaceuticals Inc and Sanofi SA will slash the price of their expensive cholesterol drug for Express Scripts Holdings Co customers in exchange for greater patient access, with some savings to be shared with consumers, the... -
Toyota Motor North America reported April 2018 sales of 192,348 vehicles
May 2, 2018Toyota Motor North America (TMNA) reported April 2018 sales of 192,348 vehicles, a decrease of 4.7 percent from April 2017 on a volume basis. With two less selling days in April 2018 compared to April 2017,... -
Apple to return another $100bn to shareholders from its huge cash pile
May 2, 2018Apple is returning another $100bn (£73bn) to shareholders from its huge cash pile as solid iPhone sales helped revenues rise 16% to just over $61bn. The company sold 52.2 million iPhones in the three months to... -
Legendary U.S. guitar-maker Gibson files for bankruptcy
May 2, 2018Gibson Brands Inc, the maker of guitars played by the likes of B.B. King and Elvis Presley, filed for Chapter 11 bankruptcy protection on Tuesday with a plan to reorganize its musical instrument business under the... -
Walt Disney to create live sports, entertainment shows for Twitter
May 2, 2018Walt Disney Co will create live sports, news and entertainment programming specifically for Twitter Inc’s social network, a move to attract online viewers and advertising revenue through digital video. Comcast Corp networks including NBC and MSNBC,... -
Kanye West sparks new outrage in calling slavery ‘choice’
May 2, 2018Rapper Kanye West, on the receiving end of criticism in the music world after backing President Donald Trump, sparked fresh outrage Tuesday when he called slavery “a choice.” The rapper, never shy about expressing himself, made... -
Benzema double strike sends Real into Champions League final
May 2, 2018Real Madrid are within touching distance of a third consecutive Champions League triumph after Karim Benzema scored twice to eliminate Bayern Munich on Tuesday and book their place in the final. Bayern, who trailed 2-1 after...
