AT&T counting on DirecTV, expansion in Mexico for topline, bottomline growth
After the acquisition of DirecTV, the US wireless carrier AT&T is aiming to achieve double digit growth rate during the rest of 2015 and continue to grow throught 2018. AT&T plans expansion in Latin America.
Aug 13, 2015 11:31 PM EDT
An Apple at Work: Apple's Mobile Mobility Program wants iPad to be the preferred work tool
Apple has entered into a partnership with several tech companies in order to integrate the iPad into more workplaces.
Bumble Bee Foods to pay $6M in fees for horrific death of worker
Bumble Bee agrees to pay $6 millions in fees for the horrific death of an employee in 2012. Three years ago, Jose Melena, 62, was burned alive inside the Bumble Bee Foods industrial oven.
Ohm Battery promises peace of mind by solving key problem areas in car battery technology
A next-generation car battery is in development that could solve several issues related to modern car batteries.
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Legionnaire's Bacteria Forced GSK to Stop North Carolina Plant Operation
GlaxoSmithKline closes it North Carolina plant due to a Legionella bacteria's discovery in the cooling tanks of Zebulon plant after routine inspections. It will resume operation after the problem has been solved and confirms no expectation of a disrupt in medicine supply.
Aug 13, 2015 4:35 AM EDT
Ford Targets Emerging Markets with Frugal India Build, In a Bid to Compete With its Rivals in 5th Largest Auto Market
Using India-based engineering, Ford aims to penetrate the India market in a bid to compete against its Asian rival auto companies that are outselling them in the arena.
Aug 13, 2015 4:16 AM EDT
Kraft Heinz terminates 2,500 jobs in the U.S. and Canada to save costs
Kraft Heinz is cutting 2,500 jobs around the United States and Canada. Seven hundred of it will include its labor force in Northfield, Illinois.
Aug 13, 2015 4:14 AM EDT
Starbucks and 28 other US companies to create jobs for disconnected youth
More than two dozen companies in the US join Starbucks in assuring Americans to create 100,000 jobs for the unemployed youth by 2018.
Aug 13, 2015 3:46 AM EDT
General Electric to sell Healthcare Financial Services biz to Capital One for $9bn
GE has decided to sell its healthcare financial business unit to Capital One for $9bn. This is part of its business plan to offload $100-bn worth assets by 2015 end. GE to remain focused on its core business operations.
Aug 13, 2015 3:03 AM EDT
Verizon develops technology making Internet 1,000 times faster
Good news for movie buffs. Verizon has successfully tested a new broadband technology allowing users to download a movie in a matter of seconds.
Aug 13, 2015 2:43 AM EDT
Analysts bet on Macy's, Alibaba, Cisco and News Corp; quarter earnings to be announced
Macy's, News Corp, Alibaba and Cisco are scheduled to report their quarterly revenue on Wednesday. Analysts are eyeing the movement of four companies in the stock market.
Aug 13, 2015 2:00 AM EDT
Judge Rules NYC Responsible Banking Act Unconstitutional as it Conflicts with Existing Federal and State Statutes
Responsible Banking Act that sought to be socially responsible to their low-income neighborhoods was deemed unconstitutional by the federal court.
Aug 12, 2015 11:03 PM EDT
Verizon dumps annual contracts; Here's how to save money with your phone bills
The nation’s largest wireless company is ditching its two-year service contracts, offering a new system that allows customers to buy phones upfront or pay for it through a two-year monthly program. This brings plenty of benefits, especially when it comes to saving more money for a phone.
Aug 12, 2015 10:50 PM EDT
The New 10: Eleanor Roosevelt leads survey as the new face for $10 bill
Eleanor Roosevelt is leading the votes in the recent survey conducted by The Marist Poll on who among American women should be in the next $10 bill.
Aug 11, 2015 11:24 PM EDT
Adobe joins tech industry move to offer better parental leave benefits
Adobe Systems, Inc. made significant changes to their parental leave policy to offer better work-life balance to employees.
Aug 11, 2015 11:17 PM EDT
These are the US cities with higher wage growth than the national average
The recovery in the US economy is creating more jobs, thus increasing the demand for manpower and pushing the wages upwards. Some cities are registering over 4% wage growth.
Aug 11, 2015 10:52 PM EDT
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