A new Coalition of the Willing fights another war: unemployment
U.S based companies launch 100,000 Opportunities Initiative to create employment for 5.6 million American youth. Executives of 16 American companies have joined forces to achieve the target by 2018.
Jul 15, 2015 9:03 AM EDT
Wal-Mart takes on Amazon Prime Day, with more than 2,000 exclusive rollback online
Wal-Mart goes head on against Amazon’s “Prime Day” with its own “rollback” or discount promos that will last for 90 days.
Russia offers energy pipelines to Greece - a very expensive lifeline, skeptics say
Expert views on Russia's offers to Greece warns for its long-term effect to the ailing country. Greece will have to work hard or suffer the effects of desperate actions.
J. Crew Group Inc. Will Open Low-Priced Chain J. Crew Mercantile
J. Crew Group Inc. will open its first low-priced chain at the Shops at the Parklane, Dallas. This is due to the company's lost in a few months prior to company's fashion misses.
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Greece submits new proposals but creditors remain skeptic
Greece submitted new proposals that promise an overhaul to create additional revenue. The new proposal set could be ideal and more aligned to the creditors' earlier demands yet uncertainty remains.
Jul 12, 2015 2:45 AM EDT
NYSE Stopped trading, United Airlines grounded flights worldwide, WSJ website inaccessible - all in one day
The simultaneous events that halted operations in NYSE, United Airlines and Wall Street Journal caused concerns among the public. Homeland Security alerted the president but says there's no cyber attack links.
Jul 10, 2015 3:52 AM EDT
Barclays New Chairman McFarlane Fires CEO Anthony Jenkins due to poor performance and organizational rift
Barclays Chairman McFarlane who joined the company in April announced the canning of CEO Jenkins. The decision was reportedly due to bank's performance under Anthony Jenkins.
Jul 09, 2015 10:20 AM EDT
China Stock Falls Down Over Two Weeks Despite The Series of Emergency Measures To Avoid It From Crashing
For two consecutive weeks, China is still reviving its deteriorated stock market despite a series of attempts for it to survive. Authorities in China are still silent about it.
Jul 09, 2015 7:50 AM EDT
Euro Suffered from Greece's Turmoil but Continues to Show Stability
Some observers were surprised with the market's reaction to the Greek dilemma. Experts say it could be an expected crisis that investors were already prepared for while others say the worst is yet to come.
Jul 07, 2015 11:04 AM EDT
Greece Voted 61.5% No to Bailout
Athens celebrated a majority no vote against creditors' bailout offer. Greek banks closed with limited access to cash while Tsipras works on new negotiations.
Jul 07, 2015 3:56 AM EDT
Google Confirms Acquisition of Agawi
After a year of nearly unannouced acquisition, Google now confirms buying Agawi, an app/games streaming startup company from Silicon Valley.
Jun 22, 2015 10:02 AM EDT
BigBasket, India’s largest online grocer, expands its on-demand delivery service
India's largest online grocer BigBasket, which is base out of Bengaluru state, is opening new warehouses in five major cities and in smaller towns in a move to expand its logistics network so as to counter the threat from hyperlocal startsups offering speedy deliveries.
Jun 16, 2015 11:11 AM EDT
HTC says won't consider merger with Asustek
Last week, Asustek Computer Inc (Asus) chairman Johnny Shih in an internal company meeting had suggested that it may be a possibility to buy Taiwan-based smartphones and tablets manufacturer, HTC. However, HTC came out with its own statement on Monday, saying it will not consider a merger with Asus and also pointed out that no formal or informal talks had ever taken place in connection with the said acquisition.
Jun 16, 2015 1:25 AM EDT
China’s top taxi app firm is raising $1.5 billion to battle Uber
In a bid to fight off US-based Uber's expansion plan into Chinese markets, Didi Kuaidi, China's largest taxi app company is raising $1.5 billion. This development come only days after a leaked memo from Uber showed that it is raising $1 billion for its expansion plan.
Jun 16, 2015 1:16 AM EDT
Sweden's Starbreeze Invests $1.4M in Mobile Shooter Game Developer Cmune to Bring its Hit Payday Franchise to the Mobile Device Platform
Giant gaming publisher Starbreeze partners up with game shooter specialist Cmune by investing $1.4 million to bring its hit franchise PAYDAY to the mobile device platform.
Jun 15, 2015 2:18 AM EDT
Catalia Health Gets $1.25 Million Seed Funding For Its Healthcare Robot
Catalia Health gained $1.25 million in seed funding from investors such as Khosla Ventures to improve its operations on its robotics that will help treat chronic diseases.
Jun 15, 2015 2:12 AM EDT
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