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P&G sales dive to its lowest in 7 quarters, but profit beats expectations

P&G reported its biggest sales drop citing that the strengthening in the US currencies as the reason behind it. The company also cuts its revenue forecast for the next quarter as it is still uncertain on current economic status.

Oct 26, 2015 2:46 AM EDT


6.5 million cars recalled by Toyota for power window switch repair

This year could be dubbed as the year for car recall since a majority of car makers all over the world pulled out their vehicles due to defects and cheating emissions tests. As for Toyota, the defect is in its power window switch that could overheat, melt, and burn.

Oct 26, 2015 2:28 AM EDT


Trinity to resume shipping guardrails amid safety concerns

The US guardrails maker Trinity said that the company would resume selling guardrail products after a year due to the lawsuit from Virginia's attorney general office.

Oct 26, 2015 2:23 AM EDT


Self-lacing shoes from Back to the Future comes alive

Nike prepared to launch its self-lacing shoes, as portrayed in Back to The Future movie to market. They have sent the first pair to Michael J.Fox, the main star in the movie. After almost 30 years, Nike prepares to launch this futuristic shoes.

Oct 26, 2015 2:07 AM EDT


Coca-Cola Q3 revenue falls nearly 5%

In the third quarter of 2015, Coca Cola revenue falls nearly 5%.Their global market revenue is reported to generate less value due to currency exchange rate.

Oct 26, 2015 12:00 AM EDT


Kellogg to acquire snack maker Diamond Foods for $1.5 Billion

Corn flakes maker Kellogg is in the late-stage negotiations to acquire snack maker Diamond Food for $1.5 billion. The deal could be a good opportunity for both sides. The take over would price $35 to $40 a share.

Oct 25, 2015 11:51 PM EDT


The Obamacare Website Healthcare.gov is Getting Important Updates

The US Health and Human Services announced new updates on Healthcare.gov. The updates will allow the consumers to see cost and benefits of insurance for 2016. It offers new shopping tools allowing consumers to compare costs and ensure their preferred doctor and prescription drugs are covered.

Oct 25, 2015 11:38 PM EDT


Blackberry’s first Android phone Is now available for pre-order

Blackberry opens the pre-order for its first Android based smartphone, Blackberry Priv. The pre-order is available for the US, UK, and Canda and priced at $699, £559, and CA$899. The phone features Android 5.1.1 Lollipop operating system, with thin and ergonomically design, and hidden keyboards.

Oct 25, 2015 11:30 PM EDT


Pandora's stock tumble wipes out $1.4-bn market cap

The internet radio services provider Pandora's stock plummeted owing to increased competition in the global market. Pandora shares dropped 35 percent on Wall Street in just one session eroding $1.4billion market capitalization of the company. The emerging competition in internet radio services from global majors such as Apple is impacting the Pandora's performance.

Oct 25, 2015 11:11 PM EDT


UK firms put to shame for escaping minimum wage laws

The UK government has publicly announced a list of 115 business firms that are not adhering the minimum wages act. As per the National Minimum Wages (NMW) norms, these companies together owe about £389,000 ($598,500), according to the UK government.

Oct 25, 2015 10:55 PM EDT


Microsoft's search engine Bing accelerates, adds $1B to revenue

Bing, a Microsoft search engine is finally getting its highlight as Microsoft announce that its revenue for this quarter is more than $1 billion. Investors welcomed the news as Microsoft finally able to show its investment in Bing is paying off.

Oct 25, 2015 10:32 PM EDT


India's film industry struggles to perform well

Indian film industry is struggling to perform at box office collections. There's no correlation between number of movies released every year and revenues they generate for the film industry. The India's film industry is just grossing mere $2billion every year at the box office, while it registers about 2,000 movies annually.

Oct 25, 2015 10:01 PM EDT


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