Business

GM cutting more jobs in Orion plant as small car sales plummet

The automotive industry has spoken and General Motors has responded. GM announced plans to lay off 100 employees from their Orion plant, where production...

JC Penney reports a loss in Q2 2015, but not all news is bad

JC Penney might have reported a loss in the second quarter of 2015, but don’t let that news disappoint you if you’re a serious...

U.S. paychecks struggle, but should we be surprised?

The latest report on U.S. paychecks offers a grim insight as to how bad the economy remains. While Wall Street might see significant and...

California gas prices could exceed $4.50 in months

The California gas situation is getting bleak, as experts believe that the price of a gallon of gas will quickly be passing $4 per...

Walmart Takes on Amazon in Latest Website Remodel

The Amazon Fire Phone has become the top-selling smartphone on the Amazon.com best-selling smartphone list, and there may be a reason for that: if...

Bally Technologies To Join Scientific Games in $3.3 Billion Deal

Slot machine, reel slot machines, and casino management systems manufacturer Bally Technologies has now been acquired by electronic gambling machine maker Scientific Games in...

Indian Rupee opens at 67.23 per Dollar; Up 15 paisa

The onward march of the Indian Rupee continues, and it gained by 15 paise against the US $ as against the close previous day....

U.S. Economy adds 223k jobs, uncertain road ahead for Fed

The United States economy added jobs but the numbers were a little disappointing. That is the message coming from the experts after the June...

Keurig Kold getting chilly response from investors with dip in shares

Keurig Green Mountain Inc. was riding an incredible high not too many months ago. Investors had high expectations for what their new product might...

Walgreens Given Thumbs-Down By Wall Street in Alliance Boots Deal

Walgreens announced its plan yesterday to buy the remaining 55% of European pharmacy and beauty company Alliance Boots, Ltd., but the question hanging over...

Walgreen Co. to Buy Remainder of Alliance Boots

Walgreen Co., the largest drugstore chain in the US, announced today that it will buy the remainder of Alliance Boots, Ltd. Walgreen already owns 45%...

Boeing will take a hit of $536M after taxes on US KC-46A tanker development

When Boeing took on the KC-46A they probably did not anticipate the problems that would be coming with it as they put it into...

Procter & Gamble Dropping Brands, Consolidating Financial Focus

Procter & Gamble’s got its hands in just about every brand category on earth, but the company’s pulling 100 brands off the shelves in...

US economy reflected a positive trend with 280K jobs in May after Q1 dip

The US economy is continuing to improve as job growth continues to swell. Throughout the last several weeks there has been increased concern voiced...

U.S. home sales isn’t clean bill of health for economy

U.S. home sales are rising. In fact, June was one of the best months in the last decade for the housing market as a...

Flying Backwards: Airline working with reversed seating map

Imagine flying backwards. Particularly, imagine what it would be like taking off backwards for a flight across the country, or even on an international...

Nikesh Arora, paid Rs 500 crore per year, quits SoftBank

Nikesh Arora on Tuesday announced his decision to step down as President from Japan-based Softbank Group Corporation. The former Google executive to step down...

Texas oil price drops 3 cents, Rhode Island’s remains unchanged, says AAA

Despite events in Ukraine and Iraq, gasoline prices have taken a remarkable turn in the United States. Where, you may ask? In the state...

Luminate acquired by Yahoo to improve mobile ad business

Yahoo CEO Marissa Mayer has been on a roll since becoming CEO two years ago, buying companies left and right that aid Yahoo in...

Arvind Subramanian emerges as front-runner as Rajan’s Successor

With Raghuram Rajan not seeking a second term, the hunt for his successor has started, and the forerunner in this race is the Oxford-educated...

Most sought-after localities in and around the Capital City of India

Whether you are planning to buy your first home in the capital or upgrading to a bigger place, the city has several excellent realty...

Latest News