Category Archives: Business

Parking valet startup Luxe adds subscription service

By Heather Somerville SAN FRANCISCO (Reuters) – Luxe, a startup that provides valet parking through an app, launched a subscription service for all its users on Thursday, as consumers increasingly…

Adobe profit beats on strong subscriptions for Creative Cloud

By Sai Sachin R & Kshitiz Goliya (Reuters) – Adobe Systems Inc <ADBE.O> reported a profit that topped market expectations for the ninth straight quarter on strong subscriber growth for…

'Carol,' 'The Big Short' lead varied field in Golden Globe film race

By Piya Sinha-Roy BEVERLY HILLS, Calif. (Reuters) – Lesbian romance drama "Carol" & Wall Street misdeeds comedy "The Big Short" led a diverse range of films honored with Golden Globe…

Ford R&D chief says automaker wants to develop ride hailing services

Dearborn, Mich. (Reuters) – Ford Motor Co <F.N> wants to develop ride hailing services that could compete with existing providers such as Uber or Lyft, the company's head of research…

The Latest: New climate draft shows headway on key issues

LE BOURGET, France (AP) — The latest news related to the U.N. climate conference outside Paris, which runs through Dec. 11. All times local: 10:30 p.m. French Foreign Minister Laurent…

Yemen's Houthis says sent list of negotiators to U.N. for peace talks

DUBAI (Reuters) – The leader of Yemen's Houthis said on Thursday his movement had given the United Nations the names of its delegates to U.N.-sponsored peace talks due to start…

Adobe profit tops estimates on strong Creative suite subscriptions

(Reuters) – Photoshop maker Adobe Systems Inc reported better-than-expected fourth-quarter profit as more subscribers signed up for its Creative Cloud software suite than expected. The company's shares were up 4.7…

Lone profitable ACA insurance co-op losing millions

The lone health insurance cooperative to make money last year on the Affordable Care Act's public insurance exchanges is now losing millions & cutting off individual enrollment for 2016. Maine's…

Yahoo reverses course on plan to spin off Alibaba stake

By Deborah M. Todd & Anya George Tharakan SAN FRANCISCO/BENGALURU (Reuters) – Yahoo Inc shelved plans to spin off its stake in Chinese e-commerce giant Alibaba Group Holding Ltd on…

Alaska governor proposes state's first income tax in decades

JUNEAU, Alaska (AP) — Alaska Gov. Bill Walker has proposed instituting a personal income tax for the first time in 35 years as the oil-dependent state looks to plug a…