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Altria Group Inc. the Maker of Marlboro Posts More Than Double 4Q Profits

Altria Group Inc. the Maker of Marlboro Posts More Than Double 4Q ProfitsAltria Group Inc., the makers of Marlboro posted a fourth quarter profit that more than doubled, due to higher prices of cigarette prices and the low debt paying costs.

Though IBM Struggles to Catch Up with Profits Yet Its Boss Gets a Bonus

Virginia RomettyIn spite of the drop in sales and profits in 2014, Virginia Rometty IBM's boss will be receiving $3.6 million bonus for her last year's performance.

CEO, Rometty will be getting a 6.7 percent hike in the base salary that she draws. Since 2012, the time when she joined her present position, it has been $1.5 million. On Friday, in a regulatory filing the company said that she will be receiving $1.6 million in 2015.

Alibaba Faces Criticism from Regulators in China for Illegal Business on its Websites

Alibaba Faces Criticism from Regulators in China for Illegal Business on its Websites Alibaba Group Holding Ltd. faced severe criticism from a Chinese regulator which accused the e-commerce company of failing to clean up the illegal business transactions which carries on through its online platform.

Mass layoff Plan Flatly Denied by IBM

Mass layoff Plan Flatly Denied by IBM  On Monday, IBM called a report "ridiculous" and "baseless" that said the technology company is planning to trim its workforce by one forth with a huge lay off plan. If the reports are to be believed then, it would mean that the company will be laying off 100,000 people.

In a telephonic interview, Ian Colley, an IBM spokesman said that the company "flatly denies" the report posted by Forbes.

Dollar’s Surprise Gain Forces United Technologies to Trim Yearly Profit Forecast

Dollar’s Surprise Gain Forces United Technologies to Trim Yearly Profit Forecast United Technologies Corp. trimmed its forecast for annual profit keeping in view the growing strength of the U. S. dollar against the euro as well as other currencies. It's has been just weeks when the company gave its earlier forecast to the investors.

Tim Cook, Apple’s CEO Gets $9.22 Million as Pay

Tim Cook, Apple’s CEO Gets $9.22 Million as PayLast year, Tim Cook the CEO of Apple received compensation that was valued at $9.22 million which is greater than double the amount of his pay in 2013. The huge increase in pay was a result of new products of the company which touched the earnings to a record high amount.

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