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Facepalm: Maths never helped Einstein ‘discover gravity,’ Indian minister says

6 days ago DieselGasoil Comments Off on Facepalm: Maths never helped Einstein ‘discover gravity,’ Indian minister says
India’s railways minister tried to warn against worrying about “GDP maths” as “maths never helped Einstein discover gravity,” seemingly unaware that the natural phenomenon was discovered nearly 200 years before Einstein was born. Speaking to reporters following a meeting with the Board of Trade, Minister for Railways and Commerce Piyush Goyal sought to reassure the Read More

#BoycottMillennials trends in India after finance minister blames young people for poor car sales

7 days ago DieselGasoil Comments Off on #BoycottMillennials trends in India after finance minister blames young people for poor car sales
Finance Minister Nirmala Sitharaman has blamed the ongoing slowdown in the Indian automotive sector on millennials, and the online meme merchants wasted no time in making hay out of the comments. It didn’t take long for commuting millennials to get to work creating memes under the hashtag #BoycottMillennials, which trended across the country overnight. Sithraman Read More

Tiffany profit tops estimates, Hong Kong and tourism hit sales

3 weeks ago DieselGasoil Comments Off on Tiffany profit tops estimates, Hong Kong and tourism hit sales
(Reuters) – Luxury jeweler Tiffany & Co (TIF.N) on Wednesday reported quarterly earnings that beat estimates on a drop in marketing costs even as sales were hurt by lower spending by Chinese tourists in the United States and political unrest in Hong Kong. The New York-based company also said it would stick to its full-year Read More

Tiffany profit tops Street estimates, sales fall on tourist spending drop

3 weeks ago DieselGasoil Comments Off on Tiffany profit tops Street estimates, sales fall on tourist spending drop
(Reuters) – Luxury jeweler Tiffany & Co (TIF.N) on Wednesday reported quarterly earnings that beat estimates on increased spending by local customers in mainland China and a cut-back on marketing costs, even as declines in tourist spending in the United States and political unrest in Hong Kong dragged on sales. FILE PHOTO: A Tiffany & Read More

Tiffany profit tops Wall St. estimates even as sales fall on tourist spending drop

3 weeks ago DieselGasoil Comments Off on Tiffany profit tops Wall St. estimates even as sales fall on tourist spending drop
(Reuters) – Luxury jeweler Tiffany & Co (TIF.N) on Wednesday reported quarterly earnings that beat estimates on increased spending by local customers in mainland China and a cut-back on marketing costs, even as declines in tourist spending in the United States dragged on sales. FILE PHOTO: A Tiffany & Co logo is seen outside the Read More

Tiffany sales fall on tourist spending drop in U.S., but earnings beat estimates

3 weeks ago DieselGasoil Comments Off on Tiffany sales fall on tourist spending drop in U.S., but earnings beat estimates
(Reuters) – Luxury jeweler Tiffany & Co (TIF.N) said on Wednesday declines in tourist spending in the United States dragged on sales, but it reported quarterly earnings that beat estimates on increased spending by local customers in mainland China and a cut-back on marketing costs. FILE PHOTO: A Tiffany & Co logo is seen outside Read More

Nordstrom beats profit estimates as it clears inventory faster and sells more online

4 weeks ago DieselGasoil Comments Off on Nordstrom beats profit estimates as it clears inventory faster and sells more online
(Reuters) – Upscale U.S. retailer Nordstrom Inc (JWN.N) reported a better-than-expected quarterly profit on Wednesday as it said it had cut costs and cleared more inventory, sending its shares up 10% in extended trading. FILE PHOTO: The Nordstrom store is pictured in Broomfield, Colorado, February 23, 2017. REUTERS/Rick Wilking/File Photo The Seattle-based company, which sells Read More

IBM accused of sacking 100,000 workers to appear ‘cool’ & ‘trendy’

2 months ago DieselGasoil Comments Off on IBM accused of sacking 100,000 workers to appear ‘cool’ & ‘trendy’
Information technology company IBM is facing a number of lawsuits over firing some 100,000 employees to boost its appeal to younger generations and make it appear “cool” and “trendy” instead of “an old fuddy duddy organization.” IBM, which is short for International Business Machines Corp., has been hit by several lawsuits accusing the tech giant Read More