U.S. government cracking down on corporate inversions
The U.S. Treasury Department has declared its “first, targeted steps” at making it more difficult for American companies to avoid taxes by merging with...
S.E.C. awards whistleblower $30 million for speaking out
Someone who gave out information regarding securities fraud enforcement action has been awarded $30 million for speaking out, according to a government watchdog agency.
The...
The EMC merger with Hewlett-Packard that never went through
The EMC Corporation have been in talks with Hewlett-Packard about a possible merger. However, the merger never went through because of "difficulties".
The terms...
Clorox shares soar following discontinuation of operations in Venezuela
Clorox Co’s shares reached a record year high on Monday following the discontinuation of its operations in Venezuela. The company plans on divesting all...
ECB may use unconventional tools, Draghi says
Mario Draghi, President of the European Central Bank, said on Monday that he and his team are ready to use additional unconventional instruments within...
Tesla is rolling out a series of new software upgrades
Tesla Motors is rolling out a number of new software upgrades to enhance and make its Model S electric sport sedan more personalized.
The new...
US stocks suffer as China’s economic outlook worsens
The US stock market rattled today as tech stocks took a nosedive and Alibaba stock went down by 4% on the company’s second day...
Online gold bullion trading launched by The Royal Mint
The 1128-year-old British coin maker, The Royal Mint, has launched royalmintbullion.com, a new bullion trading site where people can purchase, store and sell bullion...
Aldermore Bank plans to float on London Stock Exchange
Aldermore Bank plc announced on Monday that it plans to float on the London Stock Exchange in October. Analysts say the IPO (initial public...
German Amazon workers strike demanding higher wages
German Amazon workers have gone on strike at five logistic centers, the Verdi labor union announced today. Verdi says the two-day stoppage is in...