Biz/Tech
GE Creates GE Digital that Brings Together All of Company's Digital Capabilities, Takes on IBM in Race for IOT Dominance
Ford, Alcoa Collaborate on New Aluminum for Vehicles, More Formable and Design Friendly
Motorola Solutions Moving Global Headquarters to Chicago, Returns to Where it Began
Motorola Solutions has announced that the company will be relocating its global headquarters from Schaumburg, Illinois to Chicago, according to a press release issued by Motorola Solutions.
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Verizon, Cognizant Enter Collaboration, to Deliver Technology Solutions to Clients
Verizon Communication, Inc. and Cognizant Technology Solutions Corp. have announced that they are entering into a enterprise-focused collaboration, according to a press release issued by Cognizant.
KKR, Apollo Global Seek to Acquire GE's Inventory Finance Arm as GE Looks to Shed Banking Units
KKR & Co. and Apollo Global Management is seeking to acquire General Electric Co.’s (GE) inventory finance arm, GE Capital Commercial Distribution Finance, people familiar with the matter told Bloomberg.
Airbus Set to Open Production Site in U.S., Seeks Greater Market Share, Lower Costs
Airbus Group NV has announced that it is set to open its jet production site in Mobile, Alabama, according to a report from Bloomberg.
Apple Partnership with Hermes for Watch Gets Mixed Reviews
Tech giant Apple Corp. has partnered with French luxury brand maker Hermes to produce limited edition Apple Watches meant for the high-end market.
PepsiCo Partners with SodaStream for Home Carbonation, Still on Lookout for More Partners
Beverage giant PepsiCo Inc will allow people to brew its Pepsi and Sierra Mist drinks at home through the soda machines of SodaStream International Ltd.
Automakers in U.S. Agree to Autobreaking Technology, NHTSA to Oversee Initiative
Several of the top automakers in the United States have agreed to common standards for automatic emergency braking technology to further improve safety of their vehicles.
MillerCoors Acquire Majority Interest at Saint Archer, Expands Portfolio of Craft Beer
MillerCoors’ craft and import division Tenth and Blake has just acquired a majority interest in Saint Archer Brewing Company, according to a press release issued by MillerCoors.
Yahoo Loses its CMO Kathy Savitt to STX Entertainment, Will Join as Presdient of STX's Digital Business
Yahoo’s Chief Marketing Officer Kathy Savitt is resigning from her position after three years in the company, to join STX Entertainment, according to a report from The Hollywood Reporter.
BMO Financial Group Acquires GE Capital's Transportation Finance Unit, Grow Commercial Customer Base
BMO Financial Group has announced that it will be acquiring GE Capital Corporation’s Transportation Finance business in the U.S. and Canada, according to a press release issued by BMO Financial.
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