Netflix expanding into southern European market
Netflix is reportedly planning on expanding into southern Europe by the fall.
The company wants its TV-streaming service to be available in over 200 countries...
Chinese company bid $2.35 million to win lunch with Warren Buffett
Chinese gaming company Da Lian Zeus Entertainment made a $2.35 million bid on Friday to win a private lunch with Warren Buffett.
The proceeds of...
Dow and S&P 500 both closed lower on Friday
Despite robust labor market reports, the Dow and S&P 500 both closed lower Friday on expectations that the Federal Reserve will begin increasing rates as...
US economy added 280,000 new jobs in May
In May the US economy added 280,000 new jobs, beating economists' estimates.
According to Bloomberg, economists expected gains of 220,000.
Businesses added 262,000 jobs, while Federal,...
US worker productivity dropped 3.1 percent in the first quarter
US worker productivity dropped sharply in the first quarter of 2015. Productivity refers to the rate of production of a unit of input, including...
Intel acquiring Altera for $16.7 billion
Intel Corp announced on Monday that it plans on acquiring chip maker Altera for $16.7 billion in an all-cash transaction.
The deal represents Intel’s effort...
Playtech acquiring forex trading platform Plus500 for £460 million
Playtech Plc agreed to acquire the forex trading platform company Plus500 for £460 million in cash. Forex stands for the'foreign exchange market'.
The move represents an...
What is a merger?
A merger is a fusion, a marriage, of two or more independent companies into a new single entity. In many cases, but not all, mergers...
UK economic growth is speeding up, says CBI
The Confederation of British Industry says that the speed of UK economic growth is increasing.
Business activity rose significantly in the three months to May,...
Humana Inc said to be considering a sale
Humana Inc is reportedly considering a sale of the company after receiving indications of takeover interest.
According to the WSJ, a person familiar with the...