News

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P&G agrees to merge 43 of its beauty brands with Coty

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Procter & Gamble announced that is merging 43 of its beauty brands with Coty Inc. in a Reverse Morris Trust transaction worth around $12.5 billion. In...
Ford Motor Company

Ford moving production of Focus and C-Max out of the US

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Ford announced that it will no longer produce the Focus and C-Max vehicles at its Michigan Assembly plant starting in 2018. In a statement the...
deficit

US budget deficit has dropped by $52 billion, says CBO

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According to the Congressional Budget Office, the US budget deficit dropped by $52 billion during the first nine months of the fiscal year from...
google self driving car

Google self driving car roams the streets of Austin

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Google's self-driving cars are roaming the streets of Austin, Texas, furthering efforts on how the prototype interact with traffic, road conditions, and people. Google has been working...
skype

Microsoft releases new Skype for Business app

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Microsoft just announced the released on the Skype for Business app, which is now available for Windows Phones. The new Skype for Business app will be...
IMF

IMF warns against US Fed hiking rates this year

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The International Monetary Fund (IMF) warned against the US Federal Reserve hiking interest rates this year. The IMF recommends waiting for “clear signs of wage...
RBS

UK plans to sell half of its stake in RBS within two years

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The UK government plans on selling half of its stake in Royal Bank of Scotland (RBS) within the next two years, according to reports. Last...

US service sector growth higher in June

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Growth in the US service sector rose in June, according to data released by the Institute for Supply Management on Monday. However, the index of...
European Central Bank, Frankfurt

Greece leaving the eurozone is now a very real possibility

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The Greek people have cast their vote and the result is a resounding “no” to accepting strict austerity measures and following creditors’ bailout terms. Many...
Casio Watch

Casio introducing its first smartwatch

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Casio Computer Co. announced that it will be introducing its first smartwatch sometime next year. Pricing and specs have yet to be revealed, but the Japanese...