Business

US Congress

U.S. government cracking down on corporate inversions

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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...
Securities

S.E.C. awards whistleblower $30 million for speaking out

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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...
hewlett-packard logo

The EMC merger with Hewlett-Packard that never went through

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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 logo

Clorox shares soar following discontinuation of operations in Venezuela

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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

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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

Tesla is rolling out a series of new software upgrades

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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...
stock

US stocks suffer as China’s economic outlook worsens

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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

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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

Aldermore Bank plans to float on London Stock Exchange

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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 Strike

German Amazon workers strike demanding higher wages

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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...