Biz/Tech
Amazon's Prime Now's Delivery Service Available in Seattle, Offers Liquor Delivery
Amazon.com, Inc’s Prime Now, the mobile application exclusively available to members of Amazon Prime, is now available to residents of Seattle, Bellevue, Redmond, and Kirkland, according to a press release issued by Amazon.
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Boeing to Layoff Hundreds in its Satellite Business, Due to Delays in Commercial Satellite Orders
Boeing Co., plans to cut several hundred jobs in its satellite business by the end of 2015, due to delays in commercial satellite orders, according to a report from Reuters.
Gogo's Next Generation In-flight Internet Technology Ready for Takeoff, Gets FAA Clearance
Gogo, the leading provider of in-flight connectivity, has announced that its next generation satellite connectivity service, 2ku, is ready for takeoff, according to a press release issued by Gogo.
Xcel to Take Ownership of Geronimo's Wind Farm Project, North Dakota Regulators Granted Approval of the Transfer
Xcel Energy, Inc. will be taking over the ownership of Geronimo Energy’s 100 turbine wind farm project in the southeastern part of North Dakota, according to a report Fox Business.
Strike in GM's Brazil Plant Ends as Plan to Cut 800 Jobs Halted
Employees at General Motors plant in Brazil have returned to work , ending on Monday a strike that lasted two weeks, after the company held off on a plan to cut almost 800 jobs.
Determined Monsanto Raises Bid for Syngenta, Swiss Firm's Board to Discuss Response
U.S.-based Monsanto Co. has raised its offer to buy Switzerland's Syngenta AG, putting the latter's value at $47 billion, in a bid to create one of the biggest agricultural companies in the world.
Boeing Bullish Over Long Term Prospects in China Despite Economic Turbulence
U.S. aircraft maker Boeing Co. remains confident about its business prospects in China, raising demand projections for the country even as its economy cools down and its stock market slumps.
Sears Appoints Former J&J Exec to Turnaround Flagging Brands
Sears Holdings Corp. has created a new position to be occupied a former Johnson & Johnson executive, who is tasked to turn around several of the retailer's struggling brands, Reuters reported.
Belk Agrees to be 100% Purchased by Sycamore for about $3 Billion, Tim Belk to Remain CEO
Belk, Inc., has announced that it will be 100 percent owned by Sycamore Partners for a transaction that is valued at approximately $3 billion, according to a press release issued by Belk.
Netflix Partners with Softbank, for Japan Launch of TV Streaming Service
Netflix, Inc. has announced that it has partnered with SoftBank Corp., Japan’s leading mobile provider, to exclusively offer a fully integrated Netflix experience, including billing, according to a press release issued by Netflix.
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