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Drug review: U.S. Supreme Court postpones three executions

The Supreme Court in the U.S. has delayed the execution of three inmates on death row after…

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Study shows weight loss surgery reduces risk of type 2 diabetes

A new British study says that surgery of weight loss greatly reduces the chances of developing type 2 diabetes, media reports…

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Too much alcohol can lead to memory impairment, study reveals

A study has revealed that excessive drinking can lead to memory impairment later in life. For the study, 6,542 middle-aged Americans…

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Blood test can now predict Alzheimer's

British scientists have developed a blood test that can detect which people with mild memory loss will eventually develop Alzheimer’s,…

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A rare stomach bug sickens 285 people

 An outbreak of a rare stomach bug has sicken at least 265 people and has hospitalized 10 others.…

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Yahoo posts $21.6mn loss for second quarter

Yahoo has posted a net loss of $21.6 million in the three months to June 30, but chief executive Marissa…

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Microsoft posts $3.2bn loss after massive Nokia writedowns

Microsoft has posted a net quarterly loss of $3.2 billion after reporting $8.4 billion in writedowns. The technology giant had earlier…

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Manchester United reports £2.9mn loss as broadcasting, matchday revenues fall

Manchester United has posted a loss of £2.9 million in the first quarter of this year compared to a profit…

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LinkedIn posts net loss, cuts revenue forecasts for next quarter

Cutting its revenue forecasts, LinkedIn has said that it expects to make between $670 million and $675 million in the…

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Sales of new products 'disappointing'; Twitter's revenues hit

Twitter has posted revenues of $436 million for the first three months of 2015, an increase of 74% from the…

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Amazon reports $57mn loss in Q1 of 2015, but revenues up by 15%

Amazon has reported a quarterly loss of $57 million for the first three months of 2015, though the online retailer's…

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AirAsia registers loss of $120 million for Q4 2014

AirAsia has registered a net loss of $120 million for the fourth quarter of 2014, the first such loss by…

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Gaming firm Zynga reports increased losses; shares fall by 10%

Gaming company Zynga’s shares dropped over 10% during after-hours trade on Thursday after it reported increased losses. The Farmville-maker posted…

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Tesla reports mounting losses, but deliveries shoot up

Electric car maker Tesla has reported a $74.7 million loss in the third quarter, more than double compared to last…

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Virgin Australia buys out loss-making Tiger Airways

Virgin Australia is buying out Tiger Airways, the loss-making carrier, for A$1, media reports say.   It will take complete…

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Australian aviation industry hits turbulent patch

Australian carrier Qantas has reported a record loss (after-tax net) of $2.6 billion for the year ending June 30. It’s…

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Amazon reports $126m loss, sales increase

Amazon has reported a $126m loss for its second quarter despite a rise in sales. While the revenue…

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In deepest cuts ever, Microsoft to slash 18,000 jobs

Microsoft will slash 18,000 jobs as it tries to integrate the Nokia phone business, which it recently acquired for $7.2bn.…

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Women sue company for falsely advertising undergarments

Two women in Massachusetts are suing Maidenform Brands and Wacoal America for selling their garments with the claim that they…

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Staples to close 225 stores

Staples revealed that online business hasn't been so great and there will be lesser physical stores by the end of…

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