Biz/Tech
BMO Financial Group Acquires GE Capital's Transportation Finance Unit, Grow Commercial Customer Base
Axalta to Build R&D Facility at The Navy Yard, Will Develop Next Genaration Coating Products
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.
Latest News
Dell to Invest $125 billion in China, Partners with Several Local Companies
Dell, Inc. will be investing $125 billion in China over the next five years, as the company continues to expand its business in the second largest economy in the world, according to a report from Bloomberg.
Sun Life to Buy Assurance Inc's Employee Benefits Business, Boosts U.S. Presence
Sun Life Financial, Inc. has announced that it will be acquiring the Employee Benefits business of Assurance, Inc. for a net investment of $975 million, according to the press release issued by Sun Life.
Facebook Introduces New Business Page, Closer to Becoming Online Shop
Facebook, Inc. has announced that it will be updating its Facebook Pages to cater more to mobile devices to help businesses build a mobile presence and communicate easily with customers, according to a news release from Facebook.
Aerojet to Make $2 Billion Bid for United Launch Alliance, Struggling to Remain the Premier Rocket Supplier of Pentagon
Aerojet Rocketdyne Holdings Inc. has submitted a $2 billion bid to acquire United Launch Alliance (ULA), a spacecraft launch service provider that is a joint venture of Lockheed Martin Corp. and Boeing Co., a source familiar with the matter told The Wall Street Journal.
Netflix Plans to Enter Singapore in Early 2016, Will Launch in Three More Asian Markets
Netflix, Inc. has announced that it will be expanding its Internet television network services to Singapore in early 2016, according to a press release issued by Netflix.
Toyota Plans Launch of New Prius Amid Slowing Demand for Hybrids on Falling Gas Prices
Japanese carmaker Toyota Motor Corp intends to roll out towards the end of the year the latest model of its hybrid car Prius, even as demand for environment-friendly vehicles has declined due to falling fuel prices, Reuters reported.
Macy's to Test Consumer Electronics Department in Stores, Partners with Best Buy
Macy’s has announced that it will be testing licensed consumer electronics departments in 10 of Macy’s stores that will open in early November 2015, according to a press release issued by Macy’s.
Heineken Acquires 50% of Lagunitas, Builds Strong Foothold in Craft Brewering Category on Global Scale
Heineken N.V. has announced that it has acquired a 50 percent shareholding in Lagunitas Brewing Company, the fifth largest craft brewer in the U.S. by volume, according to a press release issued by Heineken.
United Airlines Names Oscar Munoz as CEO, Henry Meyer III as Chairman Following Jeff Smisek's Resignation
United Continental Holdings, Inc. has announced that Oscar Munoz will be the company’s new CEO and Henry L. Meyer III, the highest independent director in United, is appointed as the non-executive chairman of the board of directors, according to a press release issued by United Airlines.
Most Read
