Lloyds sells further 11.5 percent TSB stake
Lloyds Banking Group has sold off a further 11.5% TSB stake in a share placing to investors, the London-based bank announced on Friday. Due...
Nike revenue and net profit soar Q1 2015
Profits for the multinational sportswear company Nike have increased, with the company reporting that in the three months to August (Q1 fiscal 2015) they...
Micron Technology’s Q4 financial results exceed expectations
Micron Technology Inc, the memory chipmaker, has reported impressive fourth quarter results and revenue outlook that exceeds all expectations.
Micron Technology revenue increased by...
US Bank refunding $48 million to customers who were wrongly billed
US Bank has been fined $9 million by two federal agencies and ordered to refund $48 million to customers who were wrongly billed because...
Sir Philip Hampton to be new Chairman of GlaxoSmithKline
Sir Philip Hampton, the current Chairman of the Royal Bank of Scotland, will this week be named as GlaxoSmithKline plc’s new Chairman. He is...
Sir Richard Branson supports vacations whenever you want
Sir Richard Branson, the billionaire head of the Virgin empire, supports flexible working. This means staff can take time off whenever they like, and...
BP cannot claw back overpayments from Gulf spill disaster
At the hearing in New Orleans on Wednesday, U.S. District Judge Carl Barbier said BP cannot recover hundreds of millions of dollars in overpayments...
Wasting food punished with a fine in Seattle
If you are wasting food in Seattle you could be facing a fine, Seattle residents and businesses were told on Tuesday. Under new local...
Citizens debut picked up after a slow start
The Citizens debut on Wednesday in the New York Stock Exchange started off slowly and later picked up, ending 7.4% up on the day....
Apple Inc. shares drop by 3 percent because of software glitch
Apple Inc. shares experienced one of its biggest declines of the year, down by more than 3 percent, following news of a glitch in...