Biz/Tech
Pfizer Gets FTC Approval for Hospira Acquisition But Must Divest Seveal Sterile Injectible Assets
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.
Latest News
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.
Deere Cuts Profit Targets as Weak Crop Prices Hurt Sales of Farm Equipment
Deere & Co DE. third quarter profits plunged as the company's sales were hurt by the stronger dollar and tepid demand for agricultural equipment due to weak crop prices.
Daimler Open to Partnerships with Apple, Google for Smartcars, But Does Not Want to be Mere Car Supplier
German carmaker Daimler AG's chief executive said the company is open to partnerships with American tech giants Apple and Google to advance efforts in building the next generation of smart cars.
Salesforce Reported Better-Than-Expected Second-Quarter Revenue and Profit, Raises Full-Year Forecast
Salesforce.com, Inc. has reported a second-quarter revenue of $1.63 billion, 24 percent increase from the same period last year and a second-quarter adjusted earnings per share of $0.19, according to a press release issued by Salesforce.
Twitter Renames Twitter Publisher Network to Twitter Audience Platform, Adds Tweet Engagement and Video Views
Twitter, Inc. has just renamed the Twitter Publisher Network, a way to help advertisers to connect to audiences in and out of Twitter, to the Twitter Audience Platform, and added two new features for advertisers to take advantage of, according to a blog post from Twitter.
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