Category: Business
Obama Chooses LA-based Manufacturing Hub Aimed At Consuming Less Energy
Kara GilmourJun 21, 2016
President Obama selected an LA-based manufacturing hub this week to lead an effort aimed at making companies more competitive globally by helping them consume less...
Microsoft’s Acquisition Of LinkedIn Becomes No Slam Dunk For Many Analysts
Jennifer HongJun 20, 2016
Microsoft is set to acquire LinkedIn for $26 billion in cash in a deal that’s been dubbed “landmark,” but some investors aren’t skeptical....
India Welcomes Apple For Retail And Manufacturing Under New Foreign Investment Rules
Kara GilmourJun 20, 2016
Apple is set to open retail and manufacturing stores in India under the country’s new foreign investment rules for retailers outlined on Monday. The new rules...
Freightliner Job Cuts Affect 800 Workers Amid Truck Sales Decline
Jennifer HongJun 07, 2016
Freightliner job cuts have even announced by Daimler Trucks North America with plans to reduce the workforce from two of its Charlotte, N.C. plants by 800 as new orders...
Court Rules Dell Buyout Underpriced By 22 Percent As Company Plans to Pay Investors
John LesterJun 01, 2016
Court rules that the Dell buyout was way underpriced in 2013 for $24.9 billion by about 22 percent, which may prompt the company to pay tens of millions to investors who...
Nestle Buys Milk Allergy Test For Infant As Company Pushes Into Medicine
John LesterMay 31, 2016
Nestle is buying an experimental milk allergy test for infants as a way to step up its push into medicine with a global deal worth up to $111 million. The world’s...
Apple Wanted Time Warner Last Year For More Reasons Than One
Jennifer HongMay 27, 2016
Apple wanted Time Warner last year after raising the idea of buying the entertainment giant, but the notion never got off the ground. Some financial experts believe the...
France Raids Google Headquarters Amid Investigation Into Multinational Companies
Jennifer HongMay 25, 2016
France raids Google headquarters in Paris as part of a tax evasion inquiry amid public anger. The country is investigating the way multinational companies use their...
Kroger Strike Planned Unless Company Comes Up With New Contract Agreement
Jennifer HongMay 19, 2016
A Kroger strike will take place unless the company comes up with a new contract agreement that provides a better pay increase and health benefits for retirees. About...
Plains All American Pipeline Indicted On 46 Counts Of Knowingly Discharging Oil Into Waters
John LesterMay 18, 2016
The Plains All American Pipeline has been indicted on 46 criminal counts in California, including four felony charges of knowingly discharging a pollutant into state...
