Tag Archives: spending

Amazon, Google and Samsung top list of tech R&D spending

According to data gathered by PwC, covering the fiscal year ending on June 30 2018, Amazon, Alphabet, Samsung and Intel are all in the top five in terms of research and development spending. Amazon topped the list for the second year in a row with $22.6B spent on R&D and Google’s Alphabet parent company was second with $16.2B. Samsung retained ... Read More »

Measured in snacks, consumer spending is just fine

The U.S. consumer is relatively financially healthy, despite turmoil in stock markets — at least if you measure in gas station snacks, according to one PepsiCo executive. “The U.S. consumer is doing just fine,” Hugh Johnston, Pepsi’s vice chairman and chief financial officer, told CNBC’s “Squawk on the Street” Thursday. Thanks in part to lower gas prices and improved employment, ... Read More »