Biz/Tech
Belk Agrees to be 100% Purchased by Sycamore for about $3 Billion, Tim Belk to Remain CEO
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.
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Apple CEO Assures Investors Business in China Remains Strong as Market Slows, Stock Drops
Apple Inc. Chief Executive Tim Cook gave a rare mid-quarter update on its business performance in China saying sales there strongly grew in July and August to assure investors that the company has not been affected by the slowing economy there.
Apple to Recall Some Iphone 6 Worldwide to Fix Cameras Taking Blurry Photos
Apple Inc. will implement a worldwide recall of iPhone 6 smartphones to fix for free back cameras found to be taking blurry photos.
'The Last Of Us 2' Release Date To Introduce All New Characters? Voice Actor Troy Baker Weighs In
'The Last Of Us 2' Release Date To Introduce All New Characters? Voice Actor Troy Baker Weighs In
China Market Crash, U.S. Dollar Retreat Send Shockwaves Across the Globe
Markets across the world swooned on Monday after the sharp fall of China's stock market combined with the slide of the U.S. dollar spooked investors across the globe to selling their holdings.
Private Document Shows Uber's Rapid Growth Despite Business Challenges
Uber Technologies Inc. expects worldwide bookings to balloon to $26.12 billion next year from just $2.91 billion last year despite regulatory challenges as more commuters prefer to use its ride hailing service than traditional taxis, Reuters reported.
BT Accuses Verizon and AT&T of Hurting Rivals, Calls for Tough New Rules
An executive of BT Group Plc calls for tougher new rules regarding network prices that would allow telecom companies to compete in the U.S. market, accusing Verizon and AT&T of abusing their landline monopolies to hurt competitors, according to a report from the Financial Times.
Ralph Lauren Launches PoloTech Smartshirt, Offers Biometric Technology and Adaptive Workout App
Ralph Lauren Corporation, a global leader in the design, marketing and distribution of premium lifestyle products announced last week in a press release that the company’s PoloTech smartshirt will be available in the market on Aug. 27, 2015.
Boeing on Track to Achieve Production of 737 Max, Despite Reports of Delays from Boeing's Supplier
A company spokesman said that Boeing Co. is still on track to achieve the company’s target production of its 737 Max jetliner, according to a report from Reuters.
Honda Faces Airbag Problems Anew In US, Safety Regulators Say Up to 384,000 May Be Recalled
The U.S. National Highway Traffic Safety Administration (NHTSA) will investigate Japanese car maker Honda Motor Co. for its 2008 Accord sedans which motorists are complaining against for alleged faulty airbags that do not deploy during crashes.
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