Zara's parent Inditex gains 36%, founder Amancio Ortega becomes the second wealthiest man in the world
Zara lead Inditex in joining the 100 billion club and has become Spain's most valuable company. Its founder Amancio Ortega becomes the second wealthiest man in the world.
Aug 10, 2015 1:48 AM EDT
IMend phone repair in West Sussex grows 35% customers every month
IMend founder Keir McConomy told a report that the first U.K. on-call phone repair service is growing 35% customers monthly.
Foxconn Technology Group signed a $5B MOU in India to build manufacturing, R&D hub and a smart city
Foxconn is investing $5B in India for its expansion on manufacturing and R&D. The deal also include the development of a smart city.
Super Bowl ads reach record-breaking high at $5M for 30-second spots
The price of airing a Super Bowl ad is increasing year by year with today's 30-second exposure amounting to $5 million.
Latest News
McDonald's pulls off another trick: Table service in U.S. and U.K. outlets
McDonald's is trying out a table service this time. The trial is ongoing on 50 locations in the U.S. and one of its restaurants in England.
Aug 09, 2015 11:05 PM EDT
'Blackfish' caused SeaWorld profit to dive by 84%
Blackfish documentary made a large impact on SeaWorld's second quarter performance leaving it with a plunge of 84%. Although there are other factors that caused the decline, the documentary is the main reason giving people the wrong impression about the captive whale. Despite all the challenges, CEO Joel Manby is still positive the company will overcome it and get back to business as usual.
Aug 07, 2015 12:08 PM EDT
New Yorkers give thumbs up to $15 per hour wage increase
Wage increase means commodity price increase. New Yorkers agreed and willing to pay more to help fast food workers elevate their standard of living. Other U.S cities will follow the phase in the next couple of years.
Aug 07, 2015 11:47 AM EDT
Good Eggs online farmers' market shuts down its operation in Brooklyn, New Orleans and Los Angeles
Good Eggs is closing down its operation in New Orleans, Los Angeles and Brooklyn. The CEO admitted they didn't understand that their target of multiplying outlets needs a different approach in business.
Aug 07, 2015 11:45 AM EDT
Blue Bell gets green light to resume production after
The US food authorities have given approval to Blue Bell to resume its ice cream production, which was forced to stop following the reports of illness and deaths caused by listeria bacteria contamination.
Aug 07, 2015 1:55 AM EDT
Intel ups bonus for referring women and minorities in a bid for workforce diversity
Tech giant Intel reveals that one of their ways to move forward to their diversity goal is to double their referral bonus to employees who refer women and minorities into their workforce.
Aug 07, 2015 1:15 AM EDT
From radio to TV, Spotify's content chief Ken Parks joins Pluto TV
Ken Parks, chief of Spotify's content, will be joining streaming startup Pluto TV as its Chairman. Parks will still work with Spotify in an advisory capacity to CEO Daniel Ek after the transition.
Aug 06, 2015 11:32 PM EDT
BEA: Residential and commerical real estate investments are in the uptrend, albeit very low
The business revival in the US economy is bringing more investments back into residential and commercial real estate.
Aug 06, 2015 11:16 PM EDT
Activision Blizzard surprises Wall Street with better-than-expected profits, earnings
Game publisher Activision Blizzard has posted positive earnings reports for the second quarter of 2015, exceeding analysts' expectations.
Aug 06, 2015 10:29 PM EDT
Adidas Group acquires Runtastic fitness apps for $240 million
The sportswear company, Adidas Group, bought Runtastic fitness app for $240 million. It is said that Adidas had just found a perfect partner inspiring people to stay fit and healthy and live a longer life.
Aug 06, 2015 7:29 AM EDT
JPMorgan just made it easier to borrow $3 million for a home loan
Applying for a home loan of up to $3 million seems to be a lot easier with J.P. Morgan. Manageable requirements allow borrowers to get their dream house. With the company's new policy, they will be able to provide high-quality customers with better loan terms.
Aug 06, 2015 2:52 AM EDT
Silicon Valley Bus Drivers Woes: Apple is amenable to offer better working conditions
Apple is working out with contractors for its drivers' wage hike by $27.50 an hour. Recently, Teamsters Local 853, the tech bus union protested over their unpaid downtime from morning to evening.
Aug 06, 2015 2:34 AM EDT
Most Popular
Newsletters
Stay ahead in finance. Subscribe for expert insights, market updates, and investment strategies. Join our newsletter to secure your financial future.
Latest News
