Samsung Electronics sees stronger earnings from chips, phones after Q1 profit jump

Tech giant Samsung Electronics on Thursday said it expected earnings to further improve in the current quarter, after it reported its best quarterly profit since 2013 thanks to a memory chip boom. The South Korean company also said it had decided not to adopt a...

Macau market improving but Las Vegas Sands misses on first-quarter earnings

Las Vegas Sands Corp. late Wednesday reported first-quarter earnings that were slightly below expectations although it indicated Las Vegas operations were strong and the Macau market was improving. Also, management was optimistic on the earnings call about the chances...

Kevin O’Leary drops out of race to lead Canada’s Conservative party

“Shark Tank” star Kevin O’Leary has officially backed out of running to lead Canada’s Conservative Party, according to reports. Instead, O’Leary said he will endorse candidate Maxime Bernier because, due to lack of support in Quebec, he...

Pepsi doubles down on ‘guilt-free’ options in effort to boost sales

PepsiCo said strong consumer demand for its healthier drinks and snacks helped drive its better-than-expected results in the first quarter. “To meet the evolving needs of our consumers around the world, we are shifting our portfolio to a wider range of what we...

For $425, you can have your own designer pair of mud-covered jeans

If you’re a guy, Nordstrom now wants to help you look like “you’re not afraid to get down and dirty” by selling you a unique pair of jeans. The Seattle-based chain of luxury department stores is selling a pair of “Barracuda Straight Leg...