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Toms Shoes CEO takes 12-week paternity leave; applauded by employees

Blake Mycoskie of Toms Shoes set an example to employees by taking a 12-week parental leave. Toms Shoes provides their employees with parental leave of at least 8 weeks where they get full payment.

Aug 28, 2015 04:23 AM EDT


Punch Taverns sells 158 pubs to NewRiver; Deal Closed at £53.5M

NewRiver acquires 158 non-core pubs of Pub Taverns for £53.5 million.

Aug 28, 2015 04:25 AM EDT


Class suit filed versus automakers for 'deadly' keyless ignitions

Ten major car brands are sued in a class act for allegedly concealing the dangers behind keyless ignition, which leads to carbon monoxide poisoning.

Aug 28, 2015 04:18 AM EDT


America Makes' $8M funding for commercialization of new technologies

America Makes (National Additive Manufacturing Innovation Institute, is supporting R&D projects in developing new technology applications in additive manufacturing. The institute has announced $8-million funding with a matching cost of $11mn to nine projects taken up by universities and corporate companies.

Aug 28, 2015 02:10 AM EDT


Rise in durable goods orders to push US Q3 GDP to 2.8%

The growth in durable goods orders in July has made many financial firms to revise growth forecasts on US GDP upwards for the third quarter.

Aug 27, 2015 05:35 AM EDT


Gasoline prices in the Midwest to Drop after BP Restarts Refinery, Gas Prices May Continue to Drop until Labor Day

BP restarted its refinery outside of Chicago, promising the gasoline prices to go back down, after it spiked when its distillation unit broke down on August 8.

Aug 27, 2015 05:27 AM EDT


The US stocks turn attractive on lower PE ratios

After the market downfall, many US stocks turn attractive as they're no more over prices equities. The lower PE ratios make it attractive for investors.

Sep 01, 2015 04:28 AM EDT


Starkist class action settlement gives consumers refund in cash or tuna

Starkist Tuna settled a lawsuit accusing them of under-filling their five-ounce tuna cans by a few tenths of an ounce. Now they must pay consumers with cash or tuna.

Aug 27, 2015 02:29 AM EDT


Despite slowdown, US services sector beats forecast

The drop in new businesses in the US services sector in early August caused slowdown in growth as PMI indicates in its latest analysis.

Aug 27, 2015 02:23 AM EDT


McDonald's rejects Burger King's McWhopper peace deal

McDonald's had declined the proposal of Burger King to team up for a cause. Burger King is hoping to unite the country's two favorites and best-loved burgers producing a hybrid peace-loving McWhopper even for just a day.

Aug 28, 2015 05:17 AM EDT


Former JPMorgan analyst Aggarwal charged for insider trading

A former analyst at JPMorgan and his two associates used the prior information regarding two acquisition plans in the technology sector and booked more than $600,000 illicit profit in the insider trading, Three were charged under several sections and produced before FBI, which is investigating the case.

Aug 27, 2015 02:20 AM EDT


Comcast's super-fast cable internet will surpass Google Fiber

Comcast has plans to offer consumers the new technology that will surpass Google Fiber with its 1 gigabit per second only service. Within 2 - 3 years, Comcast customers will be able to experience the new technology the company is going to serve them.

Aug 26, 2015 10:07 AM EDT


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