Biz/Tech
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.
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Southern Co. to Buy AGL for $12 Billion, Create 2nd Largest Utility Company in the U.S.
Southern Company, the premier energy company will be acquiring AGL Resources for approximately $12 billion, including debt, according to a press release issued by AGL.
Pfizer Gets FTC Approval for Hospira Acquisition But Must Divest Seveal Sterile Injectible Assets
Pharmaceutical giant Pfizer Inc. said on Monday it has secured U.S. regulatory clearance to acquire smaller rival Hospira Inc., but must first sell several of its sterile injectable drugs business.
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.
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