Biz/Tech
General Motors May Have to Pay For 125 Death Claims
General Motors gets 125 death compensation claims relating to car defective ignition switches. General Motors gets 125 death compensation claims relating to car defective ignition switches.
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Hewlett-Packard Subsidiary Was Fined $58 Million For Bribing Officials
A Russian subisidiary of Hewlett-Packard was fined $58 million for bribing government officials. A Hewlett-Packard (HP) subsidiary in Russia was fined $58 million Thursday for bribing government officials in the country.
Relaxed Government Policies in China Spur Increase in Stocks
China’s stock went up and on its second weekly gain thanks to reports of easing policies in China.
Yahoo Co-Founder Jerry Yang Works With Alibaba for ‘TangoMe’
Jerry Yang introduces emerging social media application, TangoMe to Alibaba, seals the deal with more than $1 billion worth of investment.
RadioShack Struggles with Possible Bankruptcy
RadioShack reported Sept 11 that it is battling out an impending bankruptcy issue. The electronics retailer RadioShack is currently on the brink of losing the company, according to its report Sept 11.
Burger King Sells Loans to Buy Tim Hortons
Burger King is planning to sell $7.25 billion loan to acquire Tim Horton’s on Aug.26. Burger King is selling a loan package worth $7. 25 billion loan package to buy Tim Horton's on Aug.
Walmart Goes to Crop Tour for the First Time
Walmart attended the Pro Farmer Midwest Crop Tour for the first time on Aug. 18-21, eyeing on developing marketing strategies and improve its relationship with the farmers.
Twitter To Raise $1.3 Billion from Debt Market
Twitter plans to raise $1.5 Billion by selling financial bonds to invest in the company’s expansion.
Uphill for Asian and Australian Stock Market
Asian and Australian shares advance as market shares and employment increase Japan's yen rose for the first time after reaching its lowest since September 2008, while Australian share market climbed after a surge in employment in the country.
Microsoft Plans To Buy MInecraft Maker Mojang For $2 Billion
Tech giant Microsoft is the final stages of closing the deal of buying Mojang, creator of Minecraft, for $2 billion.
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