Companies & CEOs

Sony Has Announced the Price for its Thinnest and Lightest Tablet

Sony Mobile has announced the imminent start of sales of its flagship tablet Xperia Z4 Tablet, as well as they reported prices of the two new versions. This was reported…
Published on June 3, 2015
By Iris Barker

Sikorsky announces layoffs at Pensylvannia plant

Connecticut-based aircraft manufacturer Sikorsky has announced that it would lay off 160 full-time employees and 560 contractors at its facility in Coatesville, Pennsylvania. The layoff is a direct result of
Published on June 3, 2015
By Editorial Team

Rohatyn Group Now Sub-Advisor for TriLinc In Their Latin American Chapter

Rohatyn Group is now an associate or sub-advisor to the TriLinc Group for their Latin American investment ventures. The goal is to provide investment to SMEs of emerging markets along…
Published on June 2, 2015
By Debashish Mukherjee

Nissan-Supplier Relation In Despair

The yearly North American study, helmed by Birmingham, MI-based counseling firm Planning Perspectives, discovered supplier trust of General Motors purchasers is grinding away, least for last three years, and is…
Published on June 2, 2015
By Debashish Mukherjee

Redfin Identifies Home Sales As The Reason For Soaring Real Estate Prices

Redfin has reported an upsurge in the real estate market across the United States. Home sales are up and so are the prices being paid by people in their quest…
Published on June 2, 2015
By Debashish Mukherjee

Minnesota’s Manufacturers are Going Full Throttle Towards Better Economy

Enterprise Minnesota has conducted a survey on the current business conditions in Minnesota and put forward quite positive data. Prospects on economy growth are high as manufacturers are confident about…
Published on June 2, 2015
By Debashish Mukherjee

Manufacturing Sector in Washington Growing Despite Weakening Economy

Manufacturers’ New Inc. is the foremost specialist on providing information on the Washington manufacturers sector. MNI is considered a commanding authority with it’s in depth analysis and reports on this…
Published on June 2, 2015
By Debashish Mukherjee

JP Morgan Chase & Co. Helping Detroit to Regain Financial Glory

JP Morgan Chase & Co.’s considerable efforts in helping Detroit earn back its lost economic footing. Consequently, the latter has been off to a great start. From community housing to…
Published on June 2, 2015
By Debashish Mukherjee

Telstra outage sparks social media storm

Australia’s leading telecommunications firm Telstra has served an apology to hundreds of thousands of its customers who could not use their phones or access internet through their phones overnight due
Published on June 2, 2015
By Editorial Team

Malaysia Airlines to Fold Up

Airline Malaysia Airlines on Monday announced new plans to "full reset" the operation, with about 6 thousand workers to be laid off. It is expected that these measures will help…
Published on June 1, 2015
By Iris Barker

Annual Meeting: Goldman Sachs

In Goldman Sachs Group Inc's most recent move to reinforce its road cred as a cool, tech-sagacious bank, it is holding its yearly shareholder meeting in San Francisco on Thursday.…
Published on June 1, 2015
By Debashish Mukherjee

SEC ordered JPMorgan Chase to Hand Over the Letters to Chinese officials

The US Securities and Exchange Commission (SEC) ordered JPMorgan Chase to convey the conversation with Wang Qishan, one of seven members of the CPC Central Committee, in connection with the…
Published on May 28, 2015
By Iris Barker

Cost Of Capital Driving Midstream Mergers And Acquisitions

Of late, mergers and acquisitions have been taking place to rein in issues regarding cost of capital and company efficiency. Certain companies have gone on to acquire their own subsidiaries…
Published on May 28, 2015
By Debashish Mukherjee

Dale’s ‘Poeple Over Profit’ Redefines The Relation Between ‘Personal’ & ‘Business’

Though controversial in nature, Dale’s “People Over Profit” imparts a strong message, wherein the author believes that “Generosity must be built in, not tacked on.”
Published on May 28, 2015
By Debashish Mukherjee

Luxury Loses its Charm

The prompt rates growth in luxury sector get out of fashion. The five-year fast, despite consequences of financial crisis, increase in sales and profits was replaced by the delay reflecting…
Published on May 27, 2015
By Iris Barker

TWC to Merge with Charter Communications

Today it became known that the American cable operator Time Warner Cable concluded the bargain about the sale of the American Charter Communications. The amount of transaction made $78,5 billion.
Published on May 26, 2015
By Iris Barker

Analysts Expect a Decline in Demand for Apple Watch

Volumes of deliveries of Apple Watch will be twice lower than expected: analysts of KGI organization, famous for accuracy of forecasts, note decrease in interest to smart watches, and their…
Published on May 25, 2015
By Iris Barker

Blackberry announces job cuts to consolidate smartphone business

Canada-based smartphone maker Blackberry Ltd. has announced that it is cutting jobs at its offices around the world as it is working on a business consolidation plan. The profits for
Published on May 23, 2015
By Editorial Team

NAB to open second China branch

National Australia Bank is set to open its second branch in China. The new branch of the bank will open in Beijing. The bank already has international operations in countries
Published on May 23, 2015
By Editorial Team

Adani lines up buyers for Galilee Basin mine

India-based Adani Mining has signed contracts with buyers for selling nearly 70 percent of coal it plans to produce from its USD 16.5 billion Carmichael mine in Australia. Adani Australia
Published on May 23, 2015
By Editorial Team

Water Issues in Asia : An Interview With Jean-Philippe Filhol, Veolia Water Technologies

For decades, Asia has served as a factory for the rest of the world. However, the offshoring of production to that part of the world has resulted in the displacement…
Published on May 22, 2015
By Editorial Team

Rockstar Sues BBC

Rockstar Games Company, the developer of the famous computer game Grand Theft Auto, filed a lawsuit against the British media corporation BBC. Rockstar Games has accused the broadcaster in trademark…
Published on May 22, 2015
By Iris Barker

Successful People at Their 25

When people talk about the success, they keep in mind the result of efforts aimed, not something that comes naturally. If a person becomes a millionaire as a result of…
Published on May 21, 2015
By Iris Barker

Carefirst discloses data breach

American healthcare insurer CareFirst BlueCross BlueShield has disclosed that its website was hacked and the breach would possibly affect about 1.1 million customers. It is revealed that the attack targeted
Published on May 21, 2015
By Editorial Team

Computer Services Corporation to split into two companies

Computer Sciences Corporation has announced that the company would split into two separate publicly traded entities. The company CEO Mike Lawrie has noted that the move will make the company
Published on May 20, 2015
By Editorial Team

Consequences of Saudi Aramco’s Restructuration

Restructuring of the national oil company of Saudi Arabia, Saudi Aramco, may be a step that can shake the dynamics of the global oil and gas industry.
Published on May 20, 2015
By Iris Barker

Endo to buy Par pharma in $8.05 billion deal

US-Irish drugmaker Endo International is planning to buy Par Pharmaceutical Holdings from investment firm TPG Capital in a deal valued at $8.05 billion to expand its generic portfolio. The deal
Published on May 20, 2015
By Editorial Team

Ascenas Retail Group to buy Ann Taylor and Loft brands

American retail group Ascena Retail Group has announced that it would acquire women clothing retail brands Ann Taylor and Loft in a deal valued at about $2 billion. Ascena, that
Published on May 20, 2015
By Editorial Team

Kering takes Alibaba to Court for Selling Fakes

The French holding group Kering SA, which owns a significant number of premium brands, on Friday filed a lawsuit against Alibaba in US federal court in Manhattan, accusing the Chinese…
Published on May 18, 2015
By Iris Barker

Southwest Airlines adds new domestic and international routes

US-based commercial airline firm Southwest Airlines has announced more domestic and international routes. The company has announced that the new flights schedule will start from January 2016 and the new
Published on May 17, 2015
By Editorial Team

Live Streaming vs Traditional TV: Competitors or Partners?

King of the US streaming video market , Netflix, wants to get a comfortable place increasing the budget of its own shows. In essence, the streaming is able to replace…
Published on May 15, 2015
By Iris Barker

GM to invest $1 billion in Warren Tech Centre

American automobile maker General Motors has planned to invest $1 billion in its Warren research and development campus in suburban Detroit. The company has long been fighting it out with
Published on May 14, 2015
By Editorial Team

How Russian Sanctions Hurt Business: Bombardier

Aggressive pricing competition and weaker demand in the emerging markets are forcing the Canadian aircraft manufacturer Bombardier to reduce the rate of production of the Global 5000 and 6000 models.…
Published on May 14, 2015
By Iris Barker

Nintendo relaunches world championship after 25 years

Japanese video gaming company Nintendo entertainment plans to host Nintendo World Championships after a hiatus of 25 years. The company is looking at the championships as a publicity stunt before
Published on May 14, 2015
By Editorial Team

AT&T plans to stream Hulu content in its app

American wireless carrier company AT&T has announced a partnership with video streaming service Hulu. The company announced that its users will be able to access the Hulu streaming video service
Published on May 14, 2015
By Editorial Team

Toyota and Nissan Recall Thousands of Cars

Today, Japanese automakers Toyota and Nissan announced the recall of 6.5 million additional vehicles because of problems with airbags. This is a new wave of recalls of cars with explosive…
Published on May 13, 2015
By Iris Barker

Foxconn invests in Cyanogen

Taiwanese contract manufacturer Foxconn has made an investment in mobile software maker Cyanogen. The latest pumping of money had brought a close to the Android OS maker’s $80 million Series
Published on May 13, 2015
By Editorial Team

Jabong will not go to app-only mode

India-based E-commerce company Jabong has announced that it would not wind down its website in response to such a move by its rivals. The company co-founder and managing director Praveen
Published on May 13, 2015
By Editorial Team

Tesco to close last six Homeplus stores in Britain

Britain-based department store chain Tesco has announced that it would close the remaining six Homeplus stores in the country. The closure is expected to happen in the cities of Bristol,
Published on May 13, 2015
By Editorial Team

Pinterest: a Company Without Plans but with Promising Future

Social network Pinterest has drawn additional $ 186 million in the seventh round of funding, which has brought $ 553 million to the service. Thus, the total number of funds…
Published on May 12, 2015
By Iris Barker

How Price Affects Taste

How to enjoy wine, regardless of its price, and how not to become dependent on price tags
Published on May 11, 2015
By Iris Barker

AirbusA400M: the Test Program to be Continued

The program of testing military transport aircrafts Airbus A400M will continue, despite the recent catastrophe in a trial flight in Spain. This was announced on Monday by the representative of…
Published on May 11, 2015
By Iris Barker

Zhang Long, Following ‘Market Demand’, Extends From: ‘Tea To Tech’

The Snowden “revelation” followed by Chinese cyber-security market push has been capitalised by Zhang Long, who successfully branches out his investments from Tea and Furniture to Software: SPGnux.
Published on May 11, 2015
By Debashish Mukherjee

Nintendo and Unviversal to Build ‘Nintendoland’

Japanese Nintendo together with Universal has signed an agreement on joint creation of the theme park, which will use the images of the popular video game producer Nintendo. The Company…
Published on May 8, 2015
By Iris Barker

Spotify to launch video streaming service

Music streaming service Spotify is planning to build its portfolio by adding web video streaming service as well. According to a report in Wall Street Journal, the company is in
Published on May 8, 2015
By Editorial Team

Alibaba to Replace its CEO

China's largest online retailer Alibaba announced the appointment of a new chief executive.
Published on May 7, 2015
By Iris Barker

Tesla buys Michigan-based auto parts supplier

Electric car manufacturer Tesla Motors has acquired Riviera Tool, a Michigan-based auto supplier for an undisclosed amount. This is one of the first exclusive-auto deal made by Tesla in recent
Published on May 7, 2015
By Editorial Team

Wendy’s to shut down 640 units in US and Canada

US-based fast food chain Wendy’s plans to sell 640 restaurants in the U.S. and Canada to franchisees to generate cash and reduce expenses. The restaurants are currently operated by the
Published on May 7, 2015
By Editorial Team

Goldman Sachs to Sell its Coal Assets

US bank Goldman Sachs is negotiating the sale of coal assets, writes The Wall Street Journal, citing informed sources.
Published on May 6, 2015
By Iris Barker

Boeing shuts down Southern California military jet plant

US-based aerospace giant Boeing is winding down operations at its Southern California plant which manufactures military jets. The plant has been making C-17 Globemaster III, a military transport jet capable
Published on May 6, 2015
By Editorial Team