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Winterkorn resigns as Volkswagen CEO

Martin Winterkorn's contract as VW CEO extends until 2018 as agreed upon by the VW's supervisory board despite the controversial emissions scandal. This Friday was the scheduled formal approval.

Sep 24, 2015 7:41 AM EDT


Volkswagen CEO steps down; US may slap $18B penalty

The latest scandal of Volkswagen in rigging emission norms results is rocking the Germany business and political factors. Volkswagen has taken up crisis management measures and its CEO Martin resigned and many more to follow the suit. The US environment protection agency may slap a hefty fine of $18bn on Volkswagen if its role in manipulating emission results is proved.

Sep 24, 2015 3:18 AM EDT


Boeing factory will soon land in China

A new Boeing factory will be opened soon in Zhoushan, China for its 737 jetliners. The submitted proposal still needs approval of the State Council as well as the China's cabinet to have the country do the painting of airline company's top-grossing jetliners.

Sep 24, 2015 2:38 AM EDT


The nice ones will be rewarded - in business

Plus-size retail store Ashley Stewart’s new CEO James Rhee proves that kindness can bring a company to success.

Sep 24, 2015 2:36 AM EDT


Google's Alphabet aims to disrupt health care industry; opens space for tech startups

Alphabet/Google has set its eyes on the health care industry with goals to create technological advancements and innovations to improve the human health.

Sep 24, 2015 2:25 AM EDT


Leonardo DiCaprio fights global warming by divesting from fossil fuel industries

Leonardo DiCaprio along with 2,000 other individuals and 400 institutions pledged to divest their fossil fuel holdings in a move to reduce climate change.

Sep 24, 2015 2:20 AM EDT


Starbucks expands Mobile Order & Pay Service in 7,500 cafes in U.S.

Starbucks expanded its Mobile Order & Pay service in its almost 7,500 chains in the United States. These cafes are located in notable cities such as San Francisco, New York, Washington D.C., Chicago, and Boston.

Sep 24, 2015 2:17 AM EDT


Swiss Re to buy Guardian Financial Services for $2.45B

Swiss Re's Admin Re is buying the UK-based Guardian Financial Services for $2.45billion. The acquisition deal is expected to be complete by early next year. Admin Re will get 900,000 annuity and over four million policies in the UK after the acquisition.

Sep 24, 2015 2:16 AM EDT


Everything that you needed to know about iPhone 6S Plus

Apple iPhone 6S and 6S Plus reviews are out and most are very impressed with it s outrageous advancements, especially its 3D Touch and High quality photos.

Sep 24, 2015 2:15 AM EDT


Volkswagen scandal is gaining steam

Volkswagen Group is the biggest car manufacturer in Germany with three brand under its management including Audi, Porsche and Lamborghini. The latest scandal might be costly for the company but its effect will not be everlasting.

Sep 24, 2015 2:11 AM EDT


Apple’s API for ad blockers is a threat to Google and web publishers

Apple had made it easy for developers to create ad blockers. Reports say this is a threat to Google and web publishers.

Sep 24, 2015 2:03 AM EDT


Microsoft makes Office 2016 available worldwide

Microsoft has begun global release of its Office 2016 apps. The new suite, which includes Word, Excel, and PowerPoint, is available for download on the company's subscription service, Office 365. It is also available as one-time purchase for PC's, Macs, and mobile devices.

Sep 24, 2015 1:51 AM EDT


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