Strong fundamentals push Ashtead stock to lead Footsie-100
Ashtead was highest gainer among Footsie stocks on London Stock Exchange (LSE) as encouraging first quarter results buoyed the investors. The company has also assured the investors for strong revenue growth in the near future as well.
Sep 04, 2015 8:47 AM EDT
Google Gets a New Logo
Google just made the biggest redesign on their logo since 1999 a month after the company restructuring. Google new logo feature a softer color tone and is made of sans-serif typeface.
Reebok rebrands as a fitness center in the U.S. and Europe
Reebok, the shoe brand is turning into fitness centers. Its "Be More Human" campaign challenges people to test their physical strength in group sessions. Earlier on, it had launched in the U.S. This week, the campaign will roll out in Germany.
Seven tech companies formed an alliance to develop a new standard for open source video format
Netflix, Mozilla, Cisco, Intel, Amazon, Google and Microsoft made an alliance to come up with a new standard for open source, royalty free video format. Reports say this will end video plugins in the Web.
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50% drop in Viacom stock wipes out $16B
Viacom's stock price dropped by over 50% during the past one year. The ratings drop, fall in advertising revenues, forthcoming talks with Dish Network are the major factors that impacted the share price in negative way.
Sep 03, 2015 11:15 PM EDT
Louis Vuitton hires former Apple executive as digital director
LVMH hires former Apple executive Ian Rogers as digital director. The company is planning to expand their online presence. Ian Rogers is founder of Apple's online radio and has been working with Apple for few years.
Sep 03, 2015 10:38 PM EDT
Tanium’s value doubles at $3.5B in just 5 months
Tanium just obtained a $120 million investment funds led by Institutional Venture Partners and private equity firm TPG.
Sep 03, 2015 9:33 AM EDT
Starting salaries for US workers to surge in 2016 - studies
Robert Half and Towers Watson agree that 2016 could be a good year for employees who are hoping to get a salary increase. But both studies reveal different salary increase rates.
Sep 03, 2015 9:28 AM EDT
Under capacity in UK industry leads to 19% rise in zero-hour contracts
The latest data from ONS indicates that 20 percent rise in number of workers on zero-hour contracts in the UK industry. Even after financial crissi in 2008, many industrial units are operating under capacities leaving the working conditions unfavorable for workers.
Sep 03, 2015 9:26 AM EDT
Google Maps is not just for navigation, now it can suggest places for lunch ala Foursquare
Google Maps releases new update today for users in US and UK featuring more personalized restaurant recommendations.
Sep 03, 2015 9:22 AM EDT
All-New Kia Sportage is bold, progressive - a cutting edge
Kia’s all new Sportage will be shown at the Frankfurt Motor Show starting September 15. It has a bold design that has a progressive sign leading the industry.
Sep 03, 2015 1:52 AM EDT
Third Generation Nest Learning Thermostat comes with better WiFi connectivity; slimmer design, bigger display
Nest has updated its smart home device. The Learning Thermostat comes with added features as well as a thinner body but with a larger display.
Sep 03, 2015 12:25 AM EDT
Congress considers CRS proposal to increase social security benefits, retirement security
Congressman Alan Grayson came up with a legislation called “Seniors Deserve a Raise Act” that would give recipients of Social Security an increase for elders, and improve the retirement security.
Sep 03, 2015 12:04 AM EDT
Defective Takata airbags count lower than estimate
Original count of defective airbag inflators higher than NHTSA count due to double counting. This number covers 11 different car manufacturers and is much lower than the original estimate of 34 million. Around 4 million airbags need repair and 19 million vehicles are involved in the recall.
Sep 02, 2015 5:28 AM EDT
Calpers and Calstrs oppose amendment in Bylaws at Bank of America to combine CEO, chairman role
The California Public Employees’ Retirement System and the California State Teachers’ Retirement System joined forces to oppose corporate bylaw changes at the Bank of America Corp to stop Brian Moynihan from becoming both chief executive and chairman.
Sep 02, 2015 5:23 AM EDT
McDonalds McMuffins will be available all day long starting October 6
McDonald's gave in to 120,000 customer requests to serve breakfast items all day. For a few months, McDonald's has been hearing customers saying how much they wanted to have an Egg McMuffin not only for breakfast but any time of the day.
Sep 02, 2015 3:42 AM EDT
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