Biz/Tech
Jaunt Raises $65 Million to make VR a Reality for Audiences Worldwide, Walt Disney among Investors
Starwood Announces Merger with Colony American, Creates Best in Class Single-Family Rental Company
Quirky Files for Chapter 11 Bankruptcy, Facilitate Sale of All its Assets
Quirky, Inc., a company that offers its inventors a forum for social product development and its customers an opportunity to acquire the most innovative products on the market, has announced in a blog post that it has filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code.
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GE is Moving Production and Jobs to Europe and Other Countries, Cites Lack of Export Financing in U.S.
General Electric (GE) has said in a press release that it will be moving the production and jobs for its turbines and generators to France, Hungary and China.
Qualcomm Slash more than 1,300 Jobs in San Diego and Hundreds more in Other States, Part of Business Revamp
Qualcomm Inc. is slashing more than 1,300 full-time jobs in San Diego and hundreds more jobs in other states, according to a report from The San Diego Union-Tribune.
Boeing to Build the Fuselage Panels of the 747 at its Macon, Georgia Facility, Company to Invest about $80 Million
The Boeing Company will be building the fuselage panel of its 747 at its facility in Macon, Georgia starting in 2018, according to a press release issued by Boeing.
Mercedes-Benz Invest $1.3 Billion in Alabama Plant, Expands SUV Production
Mercedes-Benz is investing $1.3 billion and adding 300 jobs in its U.S. plant in Tuscaloosa, Alabama, according to a press release issued by Mercedes-Benz.
Lyft Announces Partnership with Didi Kuaidi, Helps Make Cities More Sustainable, Better for People
Lyft, a U.S. transportation network company, will be partnering with Didi Kauidi, China’s largest rideshare company, according to a blog post published in Lyft.
AB InBev Plans to Takeover SABMiller, Creates Super Brewery
Anheuser-Busch InBev (AB InBev), the world’s largest brewery by volume and the maker of Budweiser, is planning to acquire SABMiller Plc, the maker of Pilsner Urquell and Peroni, according to a report from CNN Money.
Altice to Buy Cablevision, Becomes 4th Largest Cable Operator in U.S.
Altice N.V. will be acquiring Cablevision Systems Corporation for $34.90 in cash for each share of Cablevision stock, according to a press release issued by Altice.
'Kingdom Hearts 3' Characters To Use 'Star Wars' And 'Marvel' Weapons?
'Kingdom Hearts 3' Characters To Use 'Star Wars' And 'Marvel' Weapons?
Dentsply to Combine with Sirona in "Merger of Equals," Create the World's Largest Dental Equipment Maker
DENTSPLY International Inc. has announced in a press release that it will be combining with Sirona Dental Systems, Inc. in an all-stock "merger of equals."
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