GM June sales 1% up on last year
GM June sales were 1% higher than in June 2013, marking its best June in seven years. Retail sales rose by 1% and fleet...
Mercedes record sales reported
Mercedes record sales were reported for the first six months of 2014, with more than 783,520 deliveries of new vehicles, an increase of 12.8%....
Global economic slowdown plus growing income inequality forecast
A new OECD study predicts a global economic slowdown plus growing income inequality for the next thirty to fifty years. The authors, who looked...
Kroger Vitacost purchase agreed
A Kroger Vitacost purchase worth $280 million has been agreed by the supermarket giant and the vitamins & health products online seller. According to...
Giant BMW Mexican investment announced
A giant BMW Mexican investment worth about $1 billion was announced by the German luxury car manufacturer yesterday, adding to the number of automakers...
US June unemployment falls to 6.1 percent
US June unemployment falls by 0.2 percentage point to 6.1%, its lowest level in nearly six years, the Bureau of Labor Statistics informs. Non-farm...
Goldman Sachs gender bias lawsuit
A Goldman Sachs gender bias lawsuit may be extended to cover more than a decade of alleged discrimination. Two former employees say the investment...
Facebook LiveRail acquisition agreed
A Facebook LiveRail acquisition has been agreed between the start-up company that allows for more relevant banner ads to be targeted at online videos...
Destination Maternity Mothercare takeover bid rejected, twice
A Destination Maternity Mothercare takeover bid has been turned down for the second time by the British retailer. US firm, Destination Maternity has offered...
Roche Seragon acquisition worth $1.725 billion agreed
A Roche Seragon acquisition has been agreed by the two companies. Seragon Pharmaceuticals, a San Diego based, privately-held biotech company that is developing small-molecule...