Germany, France press Greece to make fast, credible proposals

PARIS/ATHENS - France and Germany told Greece on Monday to come up with serious proposals in order to restart financial aid talks, a day after Greeks voted overwhelmingly to reject more austerity. | Video

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Samsung Elec second quarter profit below forecast after S6 supply shortage

SEOUL - Tech giant Samsung Electronics Co Ltd on Tuesday said April-June earnings will likely miss expectations, deflating hopes for a rapid return to strong growth after supply shortages plagued its latest smartphone launch.

8:22pm EDT

Reddit CEO apologizes after outrage over employee dismissal

SAN FRANCISCO - Reddit Chief Executive Ellen Pao on Monday issued an apology to users of the popular social news platform over the way the company handled the dismissal of a well-liked employee last week, a move that drew widespread outrage from users.

8:18pm EDT

China economic uncertainty a potential risk for U.S. chipmakers

SAN FRANCISCO - Tumbling markets and economic uncertainty in China pose a risk to major chipmakers such as Qualcomm Inc that derive a big portion of their sales from the world's second-largest economy.

Tech, China 9:01pm EDT

Boeing says loss of Ex-Im Bank would be competitive disadvantage

WASHINGTON - Loss of U.S. Export-Import Bank financing would put Boeing Co at a "huge competitive disadvantage" since its rivals still have access to such financing support, the head of the company's commercial aircraft division told reporters on Monday.

8:23pm EDT

Services sector activity growth slows in June: Markit

NEW YORK - U.S. services sector expansion eased for a third straight month in June, pressured by a slowdown in employment and output growth, an industry report showed on Monday.

1:51pm EDT


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