Business

AT&T faked DirecTV Now numbers, lawsuit alleges – TechCrunch
Business

AT&T faked DirecTV Now numbers, lawsuit alleges – TechCrunch

AT&T faked the numbers for its DirecTV Now streaming service ahead of the company’s Time Warner merger, according to a lawsuit filed by investors, Bloomberg reported. The suit alleges the media giant pressured employees to boost DirecTV Now’s numbers by secretly adding the product to existing customers’ accounts. It also claims the company touted DirecTV…

US manufacturing production rebounds in August – CNA
Business

US manufacturing production rebounds in August – CNA

WASHINGTON: U.S. manufacturing output increased more than expected in August, boosted by a surge in machinery and primary metals production, but the outlook for factories remains weak against the backdrop of trade tensions and slowing global economies.The fairly upbeat report from the Federal Reserve on Tuesday came as officials from the U.S. central bank were…

Boeing raises 20-year forecast for China airplane quiz – CNBC
Business

Boeing raises 20-year forecast for China airplane quiz – CNBC

Boeing Dreamliner 787 Air China planes sit on the production line at the company’s final assembly facility in North Charleston, South Carolina.Travis Dove | Bloomberg | Getty ImagesBoeing on Tuesday raised its forecast for China’s aircraft demand for the next 20 years, underpinned by expectations of robust air travel demand, but growth in new fleet…

Vaping instrument CEO requires govt regulation of industry after sixth vaping-related loss of life – Yahoo Finance
Business

Vaping instrument CEO requires govt regulation of industry after sixth vaping-related loss of life – Yahoo Finance

Health officials in Kansas on Tuesday confirmed a 50-year-old woman died from severe respiratory illness related to vaping, making her the sixth fatality nationwide.“The patient had a history of underlying health issues and was hospitalized with symptoms that progressed rapidly,” according to Kansas State Epidemiologist Dr. Farah Ahmed.A report released last week from the U.S. Centers for…

‘Working to repair this commerce’: Hudson’s Bay experiences loss as namesake struggles – Yahoo Canada Finance
Business

‘Working to repair this commerce’: Hudson’s Bay experiences loss as namesake struggles – Yahoo Canada Finance

Hudson’s Bay Co. (HBC) reported a growing net loss on Thursday, as the retailer closes stores, changes its product lineup and grapples with struggling sales at its namesake department store chain.HBC reported a net loss from continuing operations of $462 million in the 13-week period ending August 3, a sharp increase of 25 per cent…


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