Biz/Tech
'Tom Clancy's The Division' In-depth Gameplay Walkthrough Released! Release Date Confirmed For Next Year
Greece Imposes Capital Controls as Financial Crisis Deepens After Tsipras's Referendum Call
Greece closed its banks and imposed capital controls, with the government and its creditors unable to agree on a deal for continued support for the country's financial system in exchange for harsher reforms
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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.
Toyota and Nissan Recalls 3 Million More Cars as Airbag Manufacturer Finally Apologizes
The fallout from the deadly passenger-side airbags made by Takata Corp. again impacted Japanese automakers Toyota Motor Corp and Nissa Motor Co as the two increased the combined number of vehicles to be recalled around the world by 3 million more.
South Korea to Boost Spending as MERS and Drought Batter Economy
The South Korean government plans to spend an additional $13.5 billion this year to protect its economy from the effects of a respiratory disease outbreak and drought.
Carl Icahn Exits Netflix After Stock Split
Billionaire Carl Icahn sold the remainder of his holdings of Neflix, Inc., again realizing a massive profit even despite having already sold a substantial stake in 2013 as the value of shares continued to surge due to the company's sustained business improvement.
Ahold, Delhaize Merger to Create Supermarket Giant
Europe is about to have a supersized supermarket chain with Royal Ahold NV and the Delhaize Group agreeing to merge operations to create a grocery giant worth $29 billion.
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