Home » Archive for November, 2014
Biggest Protests at Walmart to Date
Thanksgiving is just a distant memory with Black Friday and the holiday shopping season getting into high gear. Black Friday is known best as one day in which the large retailers, mainly the big box stores haul in loads of money. However,... More of this article »
Apple Donating Portion of Profit to Fight Against AIDS
Apple, the Cupertino, California based tech giant has pledged to donation part of its sales made from its retail as well as online stores during Black Friday as well as Cyber Monday to the fight against AIDS. On Monday, the maker of... More of this article »
Walmart and SolarCity Corp Sign Agreement for Solar Installation
SolarCity Corp shares on Nasdaq were up more than 3.2% after the firm announced they entered into contract with Walmart Stores that says SolarCity would be working on solar projects at stores owned by Walmart in 36 states during the... More of this article »
Europe Will Attempt to Break Up Google
The European Parliament will reportedly call for the breakup of Google into different smaller companies during a vote to be held next week. The measure is a big attempt by the legislative group to combat the dominance of the firm online. Google... More of this article »
Nokia Returns to Consumer Electronics with Android Tablet
One again Nokia is developing electronic mobile devices and now the company uses Android. Nokia unveiled the N1 tablet that has a 7.9-inch high-resolution screen with a front camera with 5-megapixel. It did not take too long for the... More of this article »
Actavis Close to Deal to Acquire Allergan for $64 Billion
Actavis Plc is near a deal to acquire Allergan Inc for an estimated $64 billion, a deal that would help the Botox maker rebuff the hostile advance of Valeant Pharmaceuticals International, said people that have knowledge of the deal. A... More of this article »
Cisco Forecast Weighed Down by Weak Spending on Telecom
Cisco Systems, the maker of network equipment forecast its profit for the current quarter below the estimates of analysts. The forecast was weighed down by telecom service providers cutting capital budgets and weaker sales in many... More of this article »
Hellmann’s Sues Rival for Using Mayo
Unilever the food company is suing a company based in California that used “Mayo” in the name for its sandwich spread. The food giant says that dictionaries and federal regulators give mayonnaise a definition as a spread containing... More of this article »
China Singles to Spend Over $5.7 Billion on Tuesday
Singles in China will spend Tuesday with Alibaba. November 11 had become known as Singles Day in China. The annual event is where online retailers cut their prices and eligible shoppers in China buy themselves discounted products. Singles... More of this article »
Burger King Worldwide Enters India
Burger King will open its first restaurants in India within the next 2 to 3 months. In a Saturday announcement, Rajeev Varman, the United States-based hamburger chain’s chief in India said the company will start with 12 stores. The... More of this article »
AT&T Acquires Iusacell the Mobile Carrier in Mexico
AT&T Inc, the second biggest mobile phone carrier in the U.S. has agreed to acquire Grupo Iusacell SA owned by Ricardo Salinas a billionaire for just over $2.5 billion to expand into Latin America even further. AT&T will add... More of this article »
Toyota Increases Forecast for Full Year Profit
Toyota Motor Corp has raised its forecast for operating profit for the full year by 9.1% as the sharp decline in the Japanese yen has increased the value of its earnings that are made overseas and then repatriated and makes up for... More of this article »
Sprint Cutting Another 2,000 Jobs
Sprint the wireless carrier said it would be cutting another 2,000 jobs or about 5% of its workforce as part of its effort to cut more than $1.5 billion in yearly spending. The company announced that the cuts would take place over... More of this article »
Ryanair Increases Forecast for Profit on Surge in Bookings
Ryanair raised its forecast for annual profit nearly 20% Monday because of a surge in its winter reservations and announced it would lower fares by as much as 10% over the coming year to take additional market share from its struggling... More of this article »