Biz/Tech
Ubisoft's 'Assassin's Creed: Syndicate' Will Be Better Come Release Date! Gameplay Sure To 'Run Smoother' On Day One
Issues With 'Fallout 4' Gameplay Graphics Clarified! 1080P/30FPS Resolution For PC 'Not Limited' While System Requirements Will Be Announced Before Release Date
Jeep, Chrysler Power Fiat Chrysler Sales Surge in June
Carmaker Fiat Chrysler Automobiles NV said on Wednesday that its automobile sales in the U.S. rose by 8.2 percent in June, its best performance since 2006, driven by its Jeep and Chrysler brand.
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Volkswagen to Build Low Cost Cars in China, Considering Introducing Line to Other Markets
German automaker Volkswagen will build a line low-cost cars in China aimed for that market and Southeast Asia by 2018, its chairman said.
BIS Warns Emerging Markets Against Financial Crises as Growth Slows
The Bank of International Settlements warned that emerging markets could be vulnerable to financial crises as their strong sustained growth could fuel asset price bubbles and credit surges.
AirBnB Raises $1.5 Billion Via Private Placements Putting Valuation at $26 Billion
Home rental start-up AirBnB has raised $1.5 billion from private placements from several hedge funds to give it a $25.5 billion valuation.
Ebay-Paypall Split official in July
U.S. American online retailer Ebay will official spin off its unit PayPal on July 17 to unlock the full potential of the unit.
Nike Beats Profit Expectations Anew as Sales of Branded Basketball Sneakers Boost Performance
Leading footwear maker Nike Inc. topped profit expectations for the eighth straight quarter with the strong sales of top-of-the line branded shoes and increase in advance orders.
Goodyear to Close UK Tire Factory to Manage Costs as Competition Rises
Goodyear Tire & Rubber said Thursday it would close its plant in Wolverhampton, England, letting go of its 390 people there to cut costs.
US Consumer Sentiment Best in Five Months, Spending to Rise
With the string of positive reports on the economy, American consumer sentiment in June rose to its highest level in five-month, indicating that people will be spending more this year.
More Job Cuts Coming at General Mills to Manage Cost as Sales Remain Sluggish
Struggling with sluggish sales, cereal maker General Mills said Thursday that it will cut up to 725 jobs continuing its recent moves to let go of people and close facilities to manage its costs.
Whole Foods Denies Charges of Overcharging in New York
The New York Department of Consumer Affairs is going after grocery chain Whole Foods for allegedly mislabelling the weight of pre-packed items thus short-changing customers for purchases.
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