Business News

Hershey aims to reduce global worforce by 15 percent

The Pennsylvania chocolatier's attempt to reduce its global workforce will help achieve profitability over the next two years.

Tesco plans to remove 1,700 managerial jobs

The deputy managers will be replaced by shift leaders as part of a program of transformation in order to improve the customers' shopping experience.

Qantas posts decline in net profits

The results indicate Qantas' strong performance in a mixed international market amidst its strategy and ongoing transformation while investing for customers.

Saudi Arabia Adds Nearly 30,000 New Hotel Rooms For 2017

The Kingdom is set to open a roster of 68 hotels across major cities at a time of growth for its tourism, leisure and hospitality.

Warren Buffett's Optimism on American Businesses

Berkshire Hathaway's CEO is upbeat about the future of US businesses and stocks after his company reported a higher quarterly profit. Buffett urges investors to work with a collection of large and conservatively financed American businesses in the long term.

Verizon Slashes Yahoo Deal Price By $350 Million

The telecommunications giant and internet pioneer signed an agreement to cut the deal by $350 million after Yahoo's image tumbled down with one hacking scandal after the other.

EMV Credit Card Increase Security But Slow Implementation Will Make Consumers Vulnerable

Experts said the new chip-enabled or EMV credit and debit cards can help reducing fraud. However, incomplete adoption of chip cards and readers will make consumers and merchants vulnerable.

Shazop: A New Addictive Clothing Shopping Website

Shazop is a brand new comparison shopping site, where shoppers can select designers dressers, shoes, and handbags, all from over 60 different retailers such as Neiman Marcus, Saks Fifth Avenue, Shopbop, Nordstrom, and Macy’s - and compare size and prices. Shazop has become the new addictive clothing shopping website and could revolutionize the shopping for high-end fashion store.

5 Amazing Business Travel Tips For Long Business Trips

The success of long business travel depends on your successful planning and preparation before your intended flight.

Freeport-McMoRan hires JPMorgan to help explore options

Freeport-McMoran hires JP Morgan after activist investor Carl Icahn said that teh company is undervalued and in need of corporate change.

Alibaba Takes Battle Against Fake Goods To Another Level

Alibaba makes an effort to train locals to create home-grown brands after they are sued by Gucci.

Latest Stories

American Dream Deferred: Wealth Gap Deepens Among Millennials

A recent study found that there is a fresh wave of class conflict and animosity due to the widest wealth difference of any generation between affluent millennials and the rest of their age group.

Could You Qualify for SNAP Benefits?

The United States Department of Agriculture (USDA) oversees the food stamp program, also known as supplemental nutritional assistance, which is a vital tool for helping low-income families and individuals buy nutritious food.

Forget Stocks, Crypto Now Directly Impacts Housing Prices

According to a new study, as cryptocurrencies grow in importance inside American investment portfolios, their impact is seen not just in virtual transactions but also in real estate and consumer purchasing.

Bond Yields Drop as Job Growth Slows

After the April jobs data revealed weaker-than-expected payroll growth and an unexpected tick higher in the unemployment rate, U.S. Treasury rates fell on Friday.

Will Apple Keep Buffett Smiling? Doubts Emerge Over Company's Dominance

Even as late as 2020, four years after his investment colossus began to build a sizable stake in the business that produces iPhones, Warren Buffett of Berkshire Hathaway was still using a flip phone.

Must Read

Is China's Central Bank Gold-Buying Spree a Precursor for War? Part II of II

The idea of a nation acquiring large gold reserves in preparation for military endeavors is not without historical precedent. Prior to World War I, European powers increased their gold reserves, and a century later, Russia's central bank doubled its gold holdings in the years before its invasion of Ukraine. This same strategic stockpiling of gold could be inferred from China and its pre-war positioning for a Taiwan incursion.