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Smart or Risky? 3 Ways to Tell if Your Next Business Move will be a Mistake

Smart or Risky? 3 Ways to Tell if Your Next Business Move will be a Mistake

People everywhere are looking for new business ideas. However, only some of those ideas end up being successful business moves. But how can you know if your next business move will be a success or a mistake? Continue reading to learn... 
Foxconn Launches Investigation After Reports Of Harsh Working Conditions At Its Factory

Foxconn Launches Investigation After Reports Of Harsh Working Conditions At Its Factory

Foxconn has announced that it has launched investigations into allegations of harsh working conditions at its factory. The company made the announcement after China Labor Watch, which is based in the New York, published a report that... 
Flagstar Bancorp Acquires 52 Retails Branches Belonging To Wells Fargo

Flagstar Bancorp Acquires 52 Retails Branches Belonging To Wells Fargo

Flagstar Bancorp today announced that it will soon purchase 52 Wells Fargo & Co branches. That will be in about four states not forgetting the 14 branches in the Upper Peninsula of Michigan. Plans underway A person well conversant... 
UK Government Unloads Another Stake In Royal Bank Of Scotland (RBS); Bailout Losses Reach $5.4 Billion

UK Government Unloads Another Stake In Royal Bank Of Scotland (RBS); Bailout Losses Reach $5.4 Billion

The UK government recently unloaded yet another portion of its majority stake in the Royal Bank of Scotland (RBS) taking the bailout losses amount to $5.4 billion. According to a report, the Scottish bank sold 925 million shares for... 
AmazonEcho Speakers And Alexa To Be Unveiled In France From Next Week

AmazonEcho Speakers And Alexa To Be Unveiled In France From Next Week

It was today that Amazon pronounced that Alexa and Echo speakers were now readily available in France calling upon customers to rush and take advantage of the discounts. Echo and Echo Dot speakers will be launched in France over the... 
China’s Three Internet Giants Opt To Invest In FII IPO

China’s Three Internet Giants Opt To Invest In FII IPO

10China’s internet leaders, Alibaba, Baidu, and Tencent have decided to purchase shares in Foxconn Industrial Internet (FII), a major manufacturing partner of Apple’s iPhone. The move has puzzled the industry since the three are... 
Uber Develops Flying Taxi Center In Paris

Uber Develops Flying Taxi Center In Paris

Uber announced recently that it’s preparing to launch a flying taxis technology center in Paris. The center will facilitate the movement of people around the cities by flying them in and out. The firm is devoted to its Elevate program... 
Deutsche Bank Plans To Slash Over 7,000 Jobs

Deutsche Bank Plans To Slash Over 7,000 Jobs

Deutsche Bank announced recently that plans are underway to realign its internal processes to bring down the operating costs that have hurt its profits for a long period of time. The bank intends to reduce its workforce from the current... 
Apple And Goldman Sachs To Offer A Credit Card Jointly

Apple And Goldman Sachs To Offer A Credit Card Jointly

Reports indicate that Apple and Goldman Sachs are partnering with a view to jointly unveiling a credit. This will be the first time that Goldman Sachs will be entering the plastic payments space. The move will also expand the footprint... 
JPMorgan Chase Eyeing Chinese Approval To Launch Joint Venture

JPMorgan Chase Eyeing Chinese Approval To Launch Joint Venture

The biggest bank in the United States by assets, JPMorgan Chase is on the hunt for regulatory approval in China as it seeks to unveil a new brokerage. This comes after restrictions placed on financial firms with regards to ownership... 
International Flavors & Fragrances To Shell Out $7.1 Billion To Acquire Frutarom

International Flavors & Fragrances To Shell Out $7.1 Billion To Acquire Frutarom

International Flavors & Fragrances has reached an agreement to acquire Frutarom, a maker of ingredients and flavors based in Israel at a price of $7.1 billion. The transaction will involve both cash and stock. After Givaudan, a... 
Gramercy Property To Be Acquired By Blackstone For $7.6 Billion

Gramercy Property To Be Acquired By Blackstone For $7.6 Billion

Blackstone Group, a private equity firm based in the United States, intends to acquire Gramercy Property Trust at a price of $7.6 billion in an all-cash deal. The U.S. private equity firm will purchase all of Gramercy’s outstanding... 
Boeing To Spend $3.2 Billion On KLX Acquisition

Boeing To Spend $3.2 Billion On KLX Acquisition

Reports indicate that Boeing will acquire KLX Inc, an aerospace parts distributor, at a price of $3.25 billion. Under the deal Boeing will spin off the energy business of KLX. This is part of the strategy by the biggest planemaker... 
Guitar Maker Gibson On The Verge of Bankruptcy

Guitar Maker Gibson On The Verge of Bankruptcy

Guitar manufacturer, Gibson, has filed for bankruptcy after struggling with debt for years. A reorganization plan that was pre-negotiated will allow the guitar maker to continue operations as it receives financing amounting to approximately... 
Israeli Startup Sues Apple Over Dual-Lens Camera Technology

Israeli Startup Sues Apple Over Dual-Lens Camera Technology

A lawsuit has been filed against Apple over an alleged infringement of a patent by an Israeli startup known as Corephotonics. According to the startup the dual-lens cameras that are present in the iPhone X and iPhone 8 Plus that Apple... 
Cryptocurrency Traders to Receive Protection from Moscow’s Private Security Firms

Cryptocurrency Traders to Receive Protection from Moscow’s Private Security Firms

With the rise in criminal activities in the cryptocurrency market, people are a bit confused whether they should continue to do transactions on Bitcoin (BTC) platform or not. Recent news about snatching of BTC worth millions by crypto... 
U.S Investigation Of Huawei Technologies Over Iran Sanctions Violation May Affect U.S.-China Trade Talk

U.S Investigation Of Huawei Technologies Over Iran Sanctions Violation May Affect U.S.-China Trade Talk

Huawei Technologies Co.Ltd., the largest Chinese maker of telecommunications equipment is facing a probe from the Federal Bureau of Investigation under the U.S. Justice Department for possible violation of Iran sanctions. Simultaneously,... 
LendingClub Sued By Federal Trade Commission Over Misleading Claims

LendingClub Sued By Federal Trade Commission Over Misleading Claims

Online lender LendingClub has been accused by U.S. regulators of making misleading claims with regards to hidden fees as well charging borrowers after they had repaid their loans. In a complaint the U.S. Federal Trade Commission indicated... 
Lockheed Martin Secures A Contract To Build Massive Hypersonic Weapons For The US Air Force

Lockheed Martin Secures A Contract To Build Massive Hypersonic Weapons For The US Air Force

Lockheed Martin has won a huge contract worth $928 million to build an air-launched hypersonic conventional strike missiles for the US Air Force that are five times faster than the normal speed of sound according to a statement from... 
Procter & Gamble To Expand Its Portfolio By Acquiring German Merck’s Consumer Health Unit

Procter & Gamble To Expand Its Portfolio By Acquiring German Merck’s Consumer Health Unit

Procter & Gamble announced recently that it has signed an agreement with Merck KGaA’s consumer health entity for $4.21 billion to expand its growing health care market segment particularly in the Latin America and Asian markets.... 
Reports That Mylan Is Acquiring The Consumer Unit Of Merck KGaA Denied

Reports That Mylan Is Acquiring The Consumer Unit Of Merck KGaA Denied

Pharmaceutical firm Mylan has denied reports that suggested it was interested in acquiring the consumer health care unit of Merck KGaA. According to a spokesperson for Mylan, the reports which were attributed to Reuters were false.... 
Royal Dutch Shell Divests From Gaza Gas Project

Royal Dutch Shell Divests From Gaza Gas Project

Oil major Royal Dutch Shell has disclosed plans to offload a 90% interest in a gas project located in Gaza. Palestine Investment Fund will acquire Shell’s stake as the oil giant progresses with the $30 billion divestment target.... 
Business Chat Launched On iMessage As Apple Targets Businesses

Business Chat Launched On iMessage As Apple Targets Businesses

The beta version of Apple’s Business Chat has been launched for users in Canada and the United States giving users a new way of communicating with businesses. With Business Chat users will be able to contact customer service, schedule... 
Broadcom’s Move Back To The United States Completed

Broadcom’s Move Back To The United States Completed

Chipmaker Broadcom has announced that efforts to redomicile itself from Singapore to the United States had been successfully completed. Prior to the acquisition of Broadcom by Avago of Singapore in 2016 Broadcom was an American firm.... 
Google Cloud And CSRA Extend Partnership

Google Cloud And CSRA Extend Partnership

Google Cloud and information technology services provider CSRA recently extended their partnership with a view to meeting the needs of clients in the government. This is expected to increase the exposure of Google Cloud with regards... 
Falling Sales Lead Remington To File For Bankruptcy

Falling Sales Lead Remington To File For Bankruptcy

Remington Outdoor, the oldest gun maker in the United States, has as a result of slumping sales filed for bankruptcy. The company which was started more than two centuries ago made the move in order to reach an agreement with creditors.... 
How Arista Networks Could Take On Cisco In Totally New Market

How Arista Networks Could Take On Cisco In Totally New Market

Arista Networks is likely to become a key player in a fast-growing field of software-defined and the larger area of networks through an acquisition that is at its advanced stage of execution. This is according to an analyst who gave... 
Sam’s Club To Partner With Instacart In Food Groceries

Sam’s Club To Partner With Instacart In Food Groceries

Sam’s Club, a warehouse chain owned by Walmart, has announced a partnership with delivery firm Instacart that will see its customers get same-day service. The warehouse chain joins a growing list of retailers who are joining hands... 
Berkshire Hathaway Expands In Real Estate By Adding A German Franchisee 

Berkshire Hathaway Expands In Real Estate By Adding A German Franchisee 

Berkshire Hathaway HomeServices, a real estate firm under the control of Berkshire Hathaway, has announced Rubina Real Estate GmbH as its franchisee outside the United States. According to Berkshire Hathaway HomeServices Rubina was... 
Ericsson Launches IoT Accelerator Marketplace In Anticipation Of 5G

Ericsson Launches IoT Accelerator Marketplace In Anticipation Of 5G

Ericsson has announced that it will be launching an IoT Accelerator Marketplace aimed at assisting in addressing the need for partnerships in the digital ecosystem. This is with a view of benefitting developers as well as service providers. Application... 
Center Of Excellence Launched By PTC India And Infosys

Center Of Excellence Launched By PTC India And Infosys

Infosys Limited and PTC India recently launched a joint Center of Excellence at the former’s Bengaluru campus. The center is expected to come up with premium solutions that will be deployed in brownfield and greenfield industrial... 
Oracle Netsuite Inducts New Partners Into Its Collaboration Program

Oracle Netsuite Inducts New Partners Into Its Collaboration Program

Oracle Netsuite has disclosed that new partners have become part of its solutions provider program. These new partners include Vibrant, Softengine, Smartbridge and ERA Consulting Group. The partnership will see clients offered new... 
Apple To Accept Alipay At Its Chinese Retail Outlets

Apple To Accept Alipay At Its Chinese Retail Outlets

Apple has announced that it will begin accepting the Alipay mobile payment app in its Chinese retail outlets. The developments comes as the Cupertino, California-based tech giant tries to get back on a growth trajectory in China, the... 
AT&T To Publicly List DirecTV Latin America

AT&T To Publicly List DirecTV Latin America

Reports indicate that telecommunications giant AT&T is planning to split its operations in South America from the main business via an IPO which could net the core business of the carrier billions of dollars. Already the No. 2... 
Israel Courts Walmart As It Seeks To Diversify Economy

Israel Courts Walmart As It Seeks To Diversify Economy

Reports indicate that the Prime Minister of Israel, Benjamin Netanyahu, and a senior executive at Walmart discussed the possibility of the largest retailer in the world investing in the Middle Eastern country. This was during the recently... 
Cisco Systems Offloads VMware As It Purchases Aquantia Corp

Cisco Systems Offloads VMware As It Purchases Aquantia Corp

According to the latest filings Cisco Systems bought shares of Aquantia and sold those of VMware during the fourth quarter of the 2017 calendar year. By the close of last year the total value of Cisco’s holdings in six stocks was... 
McDonald’s Tops Rankings Of Social Media’s Most Visible Brand

McDonald’s Tops Rankings Of Social Media’s Most Visible Brand

A survey has indicated that fast food giant McDonald’s has the highest visibility level on social media platforms such as Instagram and Twitter. The fast food giant is thus even more visible on the two social media platforms than... 
Indonesian Ride-Hailing Service Go-Jek Gets Investment From Google

Indonesian Ride-Hailing Service Go-Jek Gets Investment From Google

Go-Jek, Indonesia’s ride-hailing service firm, has received an investment from Google. According to the Mountain View, California-based tech giant the investment is part of the firm’s goal to grow the start-up scene and digital... 
Chevron To Invest $630,000 In Initiative Aimed At Closing Skills Gap

Chevron To Invest $630,000 In Initiative Aimed At Closing Skills Gap

Chevron Appalachia has indicated that it is making an investment of $630,000 in programs that will benefit four technical and community colleges. The beneficiaries of the funds will be Stark State Community College, Pierpont Community... 
Kimberly-Clark To Cut Jobs And Close Plants Amid Sluggish Sales

Kimberly-Clark To Cut Jobs And Close Plants Amid Sluggish Sales

Kimberly-Clack Corporation has announced that it will be slashing around 13% of its workforce globally, or around 5000 jobs. This is due to the stagnation in the growth of sales in household staples that includes such brands as Kleenex... 
Biocon And Novartis Ink Partnership On Biosimilars

Biocon And Novartis Ink Partnership On Biosimilars

Biocon Ltd has inked a deal with Novartis AG allowing the development of copycat biologic drugs made by a unit of the latter, Sandoz, by the former. This is the latest deal to be made by Biocon after a similar one with Mylan NV turned... 
Verizon And National Basketball Association Ink Streaming And Content-Creation Deal

Verizon And National Basketball Association Ink Streaming And Content-Creation Deal

Verizon Communications and the National Basketball Association have struck an agreement which will see the relationship between the two extended beyond the streaming of league games to creation of content as well as availing augmented... 
Airbus Expects To Be The Leading Plane Maker In Three Years

Airbus Expects To Be The Leading Plane Maker In Three Years

Airbus has predicted that it will regain the pole position in the market for commercial planes by 2020. According to a top executive of the aircraft maker, Airbus will achieve its goal by outproducing Boeing, its U.S. rival. Fabrice... 
JD.com Sets A Fundraising Target Of $2 Billion For Logistics Unit

JD.com Sets A Fundraising Target Of $2 Billion For Logistics Unit

JD.com, the second-largest online retailer in China, has launched a fundraising round for its logistics unit. The e-commerce giant aims to raise a minimum of $2 billion. According to sources the Chinese online retail giant intends... 
Google To Take New Look’s Lease In London’s High Street

Google To Take New Look’s Lease In London’s High Street

Alphabet has been assigned the lease for the planned London headquarters of U.K. retailer, New Look Retail Group. The value fashion firm which is part-owned by Christo Wiese, a South African billionaire, had planned to take occupation... 
Oil Heist Uncovered In Singapore At Shell’s Largest Refinery

Oil Heist Uncovered In Singapore At Shell’s Largest Refinery

Investigations are underway involving an oil heist at the biggest refinery of Royal Dutch Shell in Singapore. So far eleven men have been charged in court while six others were being investigated over the theft that took place over... 
UnitedHealth Group Makes An Offer To Buy South American Health Firm Banmedica

UnitedHealth Group Makes An Offer To Buy South American Health Firm Banmedica

UnitedHealth Group has announced that it is launching an offer to purchase Empresas Banmedica SA, an insurer and health-care provider based in Chile, South America, at a price of approximately $2.74 billion. This is part of the group’s... 
Taiwan Semiconductor Manufacturing Company To Produce Qualcomm’s Next-Gen Chip

Taiwan Semiconductor Manufacturing Company To Produce Qualcomm’s Next-Gen Chip

Reports indicate that Qualcomm’s Snapdragon 855 chip will be produced by TSMC – Taiwan Semiconductor Manufacturing Company. According to the reports the next-generation mobile processor from Qualcomm will be produced on a mass... 
Kuwait Inks Natural-Gas Importation Agreement With Royal Dutch Shell

Kuwait Inks Natural-Gas Importation Agreement With Royal Dutch Shell

Kuwait Petroleum Corporation and Royal Dutch Shell have signed a 15-year deal to import natural gas in order to meet the growing domestic energy needs of the oil-exporting country. The sales purchasing deal was inked with a subsidiary... 
Target To Acquire Shipt In A Bid To Better Compete With Amazon

Target To Acquire Shipt In A Bid To Better Compete With Amazon

Reports indicate that Target is set to purchase Shipt, an app-based delivery service, at a price of $550 million. The deal is expected to place Target in a better position to compete with Amazon. It also caps of a year where traditional...