#EpicFail: Twitter Falls Below $26 IPO Price, Concerns Increase over CEO, Growth
Twitter’s shares is down to under $26, which is lower than it was when it officially went public in November 2013.
Aug 24, 2015 2:17 AM EDT
51,000 Madewell Sandals Recalled Due to Fall Hazard
A particular Madewell sandal recalled due to fall hazard. The recall was done because a metal shank from the inside of the shoe can dislodge and come out of the bottom of the outsole.
Footise erodes GBP46bn as global markets tumble on China growth fears; over $3.3tr evaporate in global equities
Latest data showing slowdown in China's manufacturing sector created tremors in the global markets. All the world indices tumbled on panic selling spree. This eroded market valuation of FTSE-100 by GBP46bn and global stocks by $3.3tr.
Samsung wants iPhone users to sell their loyalty for $1 only
Now you have the chance to try one of Samsung's latest innovative smartphones, for a $1 within 30 days, that is, if you are an iPhone user. This so-called Ultimate Test Drive will test your loyalty to iPhone especially if you don't have to handle over your iPhone while using your choice of the Samsung smartphone at the same time.
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Cute overload: How Hello Kitty became a timeless brand
For 40 years, Hello Kitty had become a famous character not only to young girls. but to grown-up moms as well. But how did Sanrio build its brand and how did the character linger?
Aug 23, 2015 11:25 PM EDT
Starbucks coffee went up despite coffee price decline
Coffee prices already went down and most coffee shops provide their customers with the taste of savings and of course with their best tasting coffee. The scenario is not the same with Starbucks that impose an increase with their coffee and other drinks to offset labor cost and rent.
Aug 23, 2015 11:08 PM EDT
US housing costs on the rise, CPI reveals
The housing costs in the U.S. continue to rise despite the inflation rate. Last month, prices of commodities slightly went up but Federal Reserve will not be moved from raising interest rates this year.
Aug 23, 2015 11:06 PM EDT
Salesforce Q2 results meet St forecast; outlook for fiscal up
Encouraging growth in sales volume, Salesforece.com Inc announced second quarter results beating the market forecast. The company also raised outlook for the whole financial year.
Aug 23, 2015 11:00 PM EDT
Uniqlo to begin offering four-day workweek plan
Uniqlo will soon be starting to offer their four-day workweek plan for employees. The offer will be limited to the approximately 10,000 employees the company currently employs in store-based positions inside Japan.
Aug 21, 2015 5:22 AM EDT
McDonald's hit with labor and tax malpractice allegations during Brazil hearing
McDonald's has been hit with allegations suggesting they have been avoiding tax payments and abusing employees during a hearing in Brazil.
Aug 21, 2015 3:37 AM EDT
U.S. housing regulator seeks support from housing finance giants for low-income Americans
The Federal Housing Finance Agency released Wednesday proposals for housing finance giants Fannie Mae and Freddie Mac to offer more support for low-income families who are taking out mortgages and are refinancing their home loans.
Aug 21, 2015 3:35 AM EDT
Oil at 6-year low, Sends stocks sinking
Oil price is at a 6-year low as stockpile increase. This spooked investors as it brings down stock shares, especially from the energy market.
Aug 21, 2015 3:31 AM EDT
iSight charts $100M fundraising plan ahead of IPO in 2016
iSight Partners will raise $100 million funds for its business expansion plan. The company is also going public in 2016. It has made agreements with business partners for effective distribution of its intelligence on potential cyber attacks.
Aug 21, 2015 2:25 AM EDT
Global sluggishness erodes $9B in Norway's pension fund
Several factors including sluggishness in the US, EU markets, poor returns on bonds, oil price drop, Greece economy crisis impacted the world's largest soverign fund, Norway's Pension Fund, in a negative way.
Aug 21, 2015 2:00 AM EDT
Hyundai, Kia changes China executives after sales slump
Hyundai-Kia Motors change corporate structures in the hopes of improving market performance in China. The company plans to improve its selling strategies to cope with the ever-changing needs of the Chinese market with the help of new executives.
Aug 21, 2015 1:53 AM EDT
H&M Sales Rise by 16%
H&M increases sales in July by 16%, up 4% from analysts' predictions. It is already their tenth consecutive month of enjoying sales rise of at least 10 percent. H&M in its press release said that it will release its updated third quarter report on September 15 of this year.
Aug 21, 2015 1:50 AM EDT
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