Kraft Heinz shuts down century-old plant in Wisconsin and 6 others in North America, cuts 2,600 jobs
Kraft which recently merged with Heinz, the 5th largest food company in the world, has shut down 7 factories and cut 2,600 jobs but would be investing in the millions to improve capacity utilization and modernization of facilities.
Nov 06, 2015 12:54 AM EST
Austin-Bergstrom International Airport's Air traffic control tower resumes operation but repair may take longer, FAA
After the extensive flood from the rainstorm, Austin-Bergstrom International Airport's air traffic control tower started its operation. The storm brought more than 16 inches of rain to the Austin, Texas area last Friday.
5 Must Have Travel Accessories That You Must Pack For Your Next Trip
Bringing one's needed travel accessories when traveling ensures a hassle-free and enjoyable trip.
KLM Airline Checked Luggage Bags Not Allowed On Cairo’s Flight Flying Nov.6
KLM Airline announced that it is not allowing checked luggage on its flight from Cairo to Amsterdam on Nov.6.
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2015 Top 5 Destination Spas in the World
For those seeking to find the best destination spas in the world, the Travel + Leisure has ranked these resort and spa.
Nov 06, 2015 12:16 AM EST
Tourists continue to gather in Maldives despite the imposed 30-day state of emergency
Maldives has declared a 30-day state of emergency after a failed assassination attempt to President Abdulla Yameen.
Nov 06, 2015 12:12 AM EST
Lenovo and Nutanix Announced Partnership to Enter Data Center Market
Lenovo annouced its partnership with Nutanix to prepare them entering data center market. With the partnership, a new hyperconverged server appliance from Lenovo will be equipped with virtualization software and technology from Nutanix.
Nov 05, 2015 10:36 PM EST
Philips announced Sapphire S616 and Sapphire Life V787 smartphones with anti-blue displays
Philips has announced its new smartphones in China: Sapphire S616 and Sapphire Life V787. The smartphones feature Philips' SoftBlue technology that will reduce 86% of the blue lights emitted from the screen.
Nov 05, 2015 10:32 PM EST
Amec Foster Wheeler halves dividend; raises cost saving target
Hit by the continuous drop in oil prices and lower spending by its customers, Amec Foster Wheeler Plc has halved its dividend payout for 2015. The British oil and gas services company forecasts thin margins during the second half of 2015. .
Nov 05, 2015 10:05 PM EST
U.K. unveils new bill that will allow internet surveillance by the government
Britain has unveiled a new surveillance bill that will allow the government to access the records of internet activity of its citizens. The law plans raised negative reactions from critics.
Nov 05, 2015 9:53 PM EST
MetLife profit drops 43% on weaker investment yield, tax hit
The US largest insurance firm MetLife recorded 43% fall in third quarter profits woing discouraging yields on investments and tax cost pertaining to its UK subsidiary eroded the profitability. The quarterly numbers were below the market forecast.
Nov 05, 2015 9:49 PM EST
Apple's new iOS9 dominates 66% seven weeks after release
Apple leads the market as 66 percent of compatible devices are running its latest iOS9, showing superiority in keeping its mobile platform fresh.
Nov 05, 2015 9:37 PM EST
Facebook, Amazon join $300-bn Market Cap Club
The latest surge in shares of Amazon and Facebook took them into $300B market capitalization club. With these two, eight US companies are above $300B Mcap, while six of them are from the technology sector. Facebook has surpassed General Electric (GE) in Mcap.
Nov 05, 2015 9:35 PM EST
Bohai to combine air-leasing businesses after $7.6 billion Avolon acquisition deal
Bohai Leasing Co. will merge its air-leasing businesses after the completion of the $7.6 billion Avalon Holdings Ltd acquisition deal, Hong Kong Aviation Capital chief executive officer Donal Boylan said Tuesday.
Nov 05, 2015 9:32 PM EST
Clinton Health Foundation to refile returns after being pressured to amend tax errors
The Clinton Health Access Initiative (CHAI) changed its mind again on Wednesday, announcing that it would refile its erroneous tax returns with the IRS.
Nov 05, 2015 9:27 PM EST
Commonwealth Bank of Australia Quarterly Profit Increased 4%
The Commonwealth Bank of Australia reported its unaudited cash profit for the month of September with a four percent increase to A$2.4 billion.
Nov 05, 2015 9:21 PM EST
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