Amazon CEO Jeff Bezos: Amazon is not a jungle
Jeff Bezos, the Amazon CEO counters the recent report appeared on the New York Times that Amazon is carrying out cruel practices to its employees.
Aug 18, 2015 7:36 AM EDT
Mixed news regarding the economy ultimately leads to rising U.S. stocks
Two market forces acting on opposite ends of the economy ultimately lead to rising U.S. stocks. The rate of manufacturing slowing down within the state has plunged to near historic levels while the world was caught by surprise as China's yuan was devalued last week.
Figures reduced anew for Teach for America participants
Teacher applicants for Teachers for America are getting less each year. Reasons include complaints from students and teachers as well saying that teachers for TFA are unprepared and lacks knowledge and needs counseling before they start teaching.
Oracle banks on Twitter and to a more sociable business environment
Twitter teams up with Oracle and Sprout Social to collect insights from consumers which would be beneficial to companies in building their products.
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Indigo Airlines Confirms Order of $26.6B worth Airbus Jets
Largest budget airline in India confirms $26.6B deal with Airbus to purchase jets. IndiGo is the largest local airline in India in terms of market share.
Aug 18, 2015 7:03 AM EDT
Grain Leader Cargill Buys Salmon Market Leader EWOS for $1.5B
Cargill agrees to buy EWOS in a deal that would also make the grain market provider a leader in aquaculture business.
Aug 18, 2015 6:53 AM EDT
Puerto Rico responds to fiscal crisis with a regressive tax that could hurt country's bottom line, poor people
Puerto Rico is increasing its sales tax to 11.5% from 7% on July in a bid to address its fiscal problems. This is considered a regressive move that could ultimately hurt the country’s bottom line and its countless poor people.
Aug 18, 2015 6:50 AM EDT
America Movil to cut roaming charges to prevent AT&T from stealing market shares in Mexico
As AT&T moves to Mexico, America Movil announced that it would eliminate its roaming charges to prevent its rival from stealing the market share in their home turf.
Aug 18, 2015 6:48 AM EDT
New York Manufacturing Index shrinks to -14.92 level; its lowest since 2009
A New York Federal Reserve survey reveals that manufacturing activity in the state has dropped to the lowest point since 2009.
Aug 18, 2015 4:50 AM EDT
BP faces over $28 million fine as FERC judge upheld price rigging charges
FERC issued a Show Cause Order to BP for the $28 million fine over price rigging charges in 2008. This is the latest among a series of multi-million cases against BP.
Aug 18, 2015 4:47 AM EDT
Star Wars Galaxy will soon land in Disney theme parks
Disney announces plans to add their biggest themed parks to date. Guests will be transported to a whole new Star Wars world.
Aug 17, 2015 9:26 AM EDT
London SMEs have more money in the bank than the national average
Hampshire Trust Bank found out in their research that London’s SMEs have an average bank savings worth £500,000, which is an amount nearly twice the national average.
Aug 17, 2015 9:20 AM EDT
Phone Home: Russian billionaire commits $100 Million in search for intelligent alien life
Russian billionaire Yuri Milner committed $100 million to a project called Breakthrough Listen, which is the most comprehensive search for intelligent life form in the universe.
Aug 17, 2015 9:13 AM EDT
Forensic science group LGC up for sale at £700m, owner Bridgepoint expects huge returns
LGC, the forensic science service provider that has been helping police solve crime is now up for grabs at £700 million by its private equity firm owner, Bridgepoint.
Aug 17, 2015 9:10 AM EDT
Donald Trump received millions from endorsing multilevel marketing company ACN
Donald Trump received millions of dollars for endorsing the multilevel marketing company ACN. Donald Trump has received millions of dollars in payments for endorsements he made for multilevel marketing company ACN.
Aug 17, 2015 4:38 AM EDT
Eurozone finance ministers approve the third bailout package for Greece
After heated debate and lengthy explanations, Greece finally gets approval of billions of new loans to reconstruct the country's devastated economy. The said loan will recapitalize Greece banks and will come in installment. Total rescue package reaches 89 billion euros or $93 billion.
Aug 17, 2015 4:32 AM EDT
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