US Attorney's Office and the Federal Bureau of Investigation (FBI) conducted an investigation into the company Herbalife accusing it in organizing a financial pyramid in China, reports the Wall Street Journal, citing informed sources. According to the sources, the investigators were interested in statements made by the head of Pershing Square fund William Ackman, who has already became notorious...

McDonald being the role model, the C.E.O. of Sonic informs that, the company plans to go for antibiotic free chicken. Though, the needs of the millenials are to be taken into account. Forbes- 01 April 2015- Sonic Corporation seems to be riding the tide of food industry amid the grappling competition of redefining food services to cater to the changing taste culture and the purchase habits of the...

The revised GDP data will boost the election campaign by Conservatives for the upcoming General elections. The UK economy revised its growth upwards to 2.8% as compared to its earlier estimate of 2.6% for the year 2014. This growth was faster than many leading developed nations. This revision will work in favour of Conservative and Liberal Democrat parties in the coming general elections to be...

Microsoft aims to run free of cost on all small devices with screen 10.1 inch or lower. Microsoft has planned to make the essential viewing as well as editing features of Office free for small computers with screens 10.1 inches or less. This will bring Windows in line with its latest release for iOS and Android in which majority of the core features are free while for using some advanced features...

Facebook is creating a platform with conglomeration of useful apps and free service facilities through Messenger which is designed to migrate into Instagram and Whatsapp, sometimes in the near future. It is the long term revenue plan of Zuckerberg. According to Forbes’ Staff- 27 March 2015- Parmy Olson writes that Facebook should not be mistaken as just another app, nor as one powerful “social...

UK Aviation company British Airways has announced that hackers have accessed the frequent flier accounts of the company. Around tens of thousands of accounts have been affected. The company announced that though the accounts have been hacked, no personal information has been viewed or stolen and they have frozen those accounts for next two-three days. Until there is a resolution, the top...

Six major executives of Dutch banking company ABN Amro have announced that they would accept salary cuts amounting to 100,000 euros each after the huge paychecks proved detrimental to the bank’s IPO and future. The Dutch government has announced that it plans to sell off the bank now that the senior managers have agreed for the pay cut. The lawmakers in the country protested the bank’s IPO...

Humana Inc. is all set to implement the next two-years step in reducing further its greenhouse gas emissions. The said company is an exemplary one, in fulfilling its Corporate Social Responsibilities. Louisville, Kentucky- 19 March 2015- Many companies attended the event organised by White House in the presence of President Obama. Humana Inc., an American health care company, too was a part of it...

South Korea's Samsung Electronics is strengthening its position in the semiconductor industry. At this rate, the company can really get ahead of the leader of the sphere - US Intel, writes Business Korea citing analysts. At the same time, Samsung reduces advertising costs and salaries. It is reported that Samsung has managed to close the gap on the equity index from Intel to 3%. In the first...