PROFIT

For the first time since it went public in 1991, Foxconn reported a year-on-year decline in revenue in 2016 that it attributed to weaker demand from Apple, according to a new report from the Wall Street Journal. The company’s revenue fell 2.81 percent in the year despite a 9.76 percent year-on-year increase in December. Foxconn’s decline in annual...

Rogers has announced that Canadian Business and PROFIT magazines have now been merged and that the combined publication will put out a reduced number of issues annually (via Edmonton Journal). According to the source, the merger comes a month after a round of 94 layoffs at Rogers Media, about a quarter of which came from the magazine...