Biz/Tech
Apple Pay Seeking Growth In Asia And Europe, To Enter Markets Comfortable With Mobile Payment Following Slow U.S. Adoption
Apple, Inc. is looking to achieve growth of its Apple Pay in the Asian and European markets in 2016, according to a report from Bloomberg. The company will be entering markets that are more comfortable with the so-called contactless payments following the sluggish start it experienced in the U.S.
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LKQ To Acquire Rhiag-Inter Auto Parts, Expands European Footprint
LKQ Corporation, a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, has announced in a press release that it will be acquiring Rhiag-Inter Auto Parts Italia S.p.A for an enterprise value of €1.04 billion.
Alibaba Appoints Matthew Bassiur Head Of Global Intellectual Property Enforcement, Lead Company's Anti-Counterfeiting Efforts
Alibaba Group Holding Limited has announced in a press release that it is appointing Matthew Bassiur as vice president and head of Global Intellectual Property Enforcement, effective January 2016.
Boeing To Pay $12 Million To Settle Enforcement Cases, Will Enhance Its Compliance System
The U.S. Department Transportation’s Federal Aviation Administration (FAA) has announced in a press release that Boeing Commercial Airplanes has agreed to pay $12 million to settle its multiple pending and potential enforcement cases.
Icahn Again Raises Bid For Pep Boys, Wages Bidding War Against Bridgestone
Icahn Enterprises has raised its bid for Pep Boys: Manny, Moe & Jack, a full-service and tire automotive aftermarket chain, to $16.50 a share, or about $919 million, according to a report from The Wall Street Journal.
U.S. Steel Delays Construction Of Electric Arc Furnace In Alabama Due To Challenging Market Conditions In Oil, Gas And Steel Industries
U.S. Steel Corporation has announced in a press release that it will be postponing the construction of the Electric Arc Furnace at its Fairfield Works in Birmingham, Alabama.
NetApp Acquires SolidFire For $870 Million, To Accelerate Adoption Of All-Flash Data Centers
NetApp, Inc. has announced in a press release that they will be acquiring SolidFire Inc., a market leader in all-flash storage systems built for the next-generation data center, for $870 million in cash.
James Packer Steps Down As Director Of Crown Resorts, Intensifies Speculation He Will Bid For Company
Crown Resorts Limited has announced in a press release that James Packer has resigned as a director of the company, effective immediately. Packer’s resignation has intensified speculations that he is closer to bidding for the company.
Scotiabank Considering Options For Its Stake In Thanachart Bank, Part Of Strategic Shift Of Company's Asia-Pacific Operations
The Bank of Nova Scotia (Scotiabank) has announced in a press release that it may consider strategic options for its 49 percent stake in Thanachart Bank Public Company Limited.
BioMarin Says FDA Will Delay Decision On New Drug Application, Action Anticipated In Early January 2016
BioMarin Pharmaceuticals Inc. has announced in a press release that the U.S. Food and Drug Administration (FDA) will be delaying its decision on the company’s new drug application.
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