Category: Business

Obama LA-based Manufacturing Hub

Obama Chooses LA-based Manufacturing Hub Aimed At Consuming Less Energy

President Obama selected an LA-based manufacturing hub this week to lead an effort aimed at making companies more competitive globally by helping them consume less...

Microsoft's Acquisition Of LinkedIn Becomes No Slam Drunk For Many Technology Analysts

Microsoft’s Acquisition Of LinkedIn Becomes No Slam Dunk For Many Analysts

Microsoft is set to acquire LinkedIn for $26 billion in cash in a deal that’s been dubbed “landmark,” but some investors aren’t skeptical....

Apple goes to India

India Welcomes Apple For Retail And Manufacturing Under New Foreign Investment Rules

Apple is set to open retail and manufacturing stores in India under the country’s new foreign investment rules for retailers outlined on Monday. The new rules...

Freightliner Plants Cut 800 Jobs Amid Sales Decline

Freightliner Job Cuts Affect 800 Workers Amid Truck Sales Decline

Freightliner job cuts have even announced by Daimler Trucks North America with plans to reduce the workforce from two of its Charlotte, N.C. plants by 800 as new orders...

Court Rules Dell Buyout Underpriced

Court Rules Dell Buyout Underpriced By 22 Percent As Company Plans to Pay Investors

Court rules that the Dell buyout was way underpriced in 2013 for $24.9 billion by about 22 percent, which may prompt the company to pay tens of millions to investors who...

Nestle Buys Milk Allergy Test

Nestle Buys Milk Allergy Test For Infant As Company Pushes Into Medicine

Nestle is buying an experimental milk allergy test for infants as a way to step up its push into medicine with a global deal worth up to $111 million. The world’s...

Apple wanted to buy Time Warner

Apple Wanted Time Warner Last Year For More Reasons Than One

Apple wanted Time Warner last year after raising the idea of buying the entertainment giant, but the notion never got off the ground. Some financial experts believe the...

France Raids Google Headquarters

France Raids Google Headquarters Amid Investigation Into Multinational Companies

France raids Google headquarters in Paris as part of a tax evasion inquiry amid public anger. The country is investigating the way multinational companies use their...

Kroger Strike

Kroger Strike Planned Unless Company Comes Up With New Contract Agreement

A Kroger strike will take place unless the company comes up with a new contract agreement that provides a better pay increase and health benefits for retirees. About...

Plains All American Pipeline Indicted

Plains All American Pipeline Indicted On 46 Counts Of Knowingly Discharging Oil Into Waters

The Plains All American Pipeline has been indicted on 46 criminal counts in California, including four felony charges of knowingly discharging a pollutant into state...