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Jean-Claude Arnobit

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Paypal Introduces Paypal.Me, Makes Requesting for Money Simple and Personal

PayPal, Inc. has just introduced the PayPal.Me, a service that lets users put their name on their PayPal and have a personal link to requesting money, according to a blog post in PayPal’s website.

Penn West to Cut 35% of Workforce and Suspend Dividend, Due to Current Environment of Commodity Prices

Penn West Petroleum Ltd. has announced that they will be suspending their dividends and reduce 35 percent of the company’s workforce due to the current environment of prices in commodities, according to a press release issued by Penn West.

TCF CEO Bill Cooper to Retire Soon, Craig Dahl Will Replace Him

TCF Financial Corporation has announced that Craig Dahl, vice chairman and president of the company, will be appointed as CEO, effective January 1, 2016, according to a press release issued by TCF.

Chipotle Sued Over False Advertising, Menu Accused of Not Being Free of GMO

Chipotle Mexican Grill, Inc. is being sued over false advertising by a Californian woman after the restaurant chain announced on April 27 that it is the first national restaurant company to use ingredients that are GMO-free, according to a report from Reuters.

Japan Airlines to Return Nonstop Service to Dallas/Fort Worth International Airport, Strengthens Pacific Joint Business

Japan Airlines Co., Ltd. has announced that it will be bringing back its nonstop service between the Tokyo-Narita Airport and the Dallas/Fort Worth (D/FW) International Airport starting on Nov. 30, according to a press release issued by Japan Airlines.

Drone Aviations to Collaborate with Mid-Atlantic Aviation on Tethered Drone Commercialization, Explore Reliability, Safety

Drone Aviation Holding Corp., manufacturer of tethered drones and lighter-than-air aerostats, has announced that it has collaborated with the Mid-Atlantic Aviation Partnership at Virginia Tech to research, test and advance the commercialization of company’s tethered drones, according to a press release issued by Drone Aviation.

Bristol-Myers Buys Promedior for about $1.25 Billion, Beefs Up Fibrosis Drug Pipeline

Bristol-Myers Squibb Company has announced that it has granted an exclusive right to acquire Promedior, Inc., a clinical stage immunotherapy company pioneering the development of targeted therapeutics to treat fibrotic diseases, for about $1.25 billion, according to a press release issued by Bristol-Myers Squibb.

Fiat Chrysler CEO Again Pushes for Merger with GM, Says Uncoscionable to Give Up

Sergio Marchionne, the CEO of Fiat Chrysler Automobiles, has said that the combination of General Motors (GM) and Fiat Chrysler would produce good numbers that it would be “unconscionable” for his company not to force a merger with GM, according to a report from Automotive News.

Eni Discovers Supergiant Gas Field Off Egypt's Shore, Potentially World's Largest Natural-Gas Find

Eni, an Italian energy group, has discovered a “supergiant” gas field off the coast of Egypt’s shore, according to a press release issued by Eni.

StarKist to Offer Cash or Free Tuna, Part of Class-Action Lawsuit Settlement

StarKist Co. will be offering $25 in cash or $50 worth of free tuna to certain consumers as part of a $12 million settlement for the class-action lawsuit filed against the company, according to a report from Top Class Actions.

Tourism Officials and Local Businesses in Souh Dakota say Tourism in 2015 is Surging, Due to Landmark Events, Low Gas and Good Weather

Tourism officials and local businesses in South Dakota have said that the tourism industry in the area is surging in 2015, according to a report from Fox Business.

Twitter Plans to Increase Diveristy in its Workforce, Will Boost Female Employees and Underrepresented Minorities

Twitter, Inc. is planning to increase diversity within its workforce by increasing its female workers and workers of underrepresented minorities, according to a blog post from Twitter’s website.

Apple and Boeing, Joins other Companies and Groups to Develop Wearable Tech for Department of Defense

Apple, Inc. and Boeing Company joins the FlexTech Alliance, a consortium of 162 companies, universities and other groups, in developing a wearable tech for the U.S. Department of Defense (DoD), according to a report from Reuters.

Trader Accused in "Flash Crash" Denied the Delay of Extradition, Hearing to Go as Scheduled

Navinder Sarao, the British trader who was accused by the U.S. of manipulating the market and contributing to the 2010 Wall Street “flash crash” was denied the postponement of his extradition hearing, according to a report from Reuters.

McDonalds and Tyson Cut Ties with Chicken Supplier, Following Video of Harsh Treatment to Chickens

Tyson Foods, Inc. have ended its ties to a chicken farm in Tennessee after an animal rights group released a video from the farm showing how cruel and harsh chicken were being treated, transported, and slaughtered, according to report from CNN Money.

Nokia Agrees to Joint Venture with China's Huaxin, Following Nokia's Proposed Takeover of Alcatel-Lucent

Nokia Corporation and China Huaxin Post & Telecommunication Economy Development Center have signed a memorandum of understanding (MoU) to have a joint venture that will combine Nokia’s telecommunication and infrastructure business in China and China Xuaxin’s Alcatel-Lucent Shanghai Bell, according to a press release issued by Nokia.

Walmart to Stop Selling Assault-Type Rifles Due to Lower Consumer Demand

Walmart will no longer be selling several modern firearms such as the AR-15 and the semi-automatic shotguns that have a magazine capacity of seven or more rounds, according to a report from Bearing Arms.

Gap to End On-Call Shifts for Workers by September, Improve Scheduling of Employees' Shifts

Gap, Inc. has said that it will be ending the use of on-call shifts across the company’s global organization by September of 2015, according to a blog post in the company’s Lets Do More website.

BlackRock Buys FutureAdvisor, Believes Technology could Reshape Financial Advisory Market

BlackRock, Inc. has announced that it will be acquiring FutureAdvisor, a leading digital wealth management company, according to a press release issued by BlackRock.

Encana to Sell Haynesville Asset for $850 Million, Investments to be Reduced by $480 Million

Encana Corporation has announced that it will be selling its Haynesville natural gas asset, the asset owned by its subsidiary Encana Oil & Gas, Inc., for $850 million to GEP Haynesville LLC, a joint venture formed by GeoSouthern Haynesville LP and GSO Capital Partners LP, according to a press release issued by Encana.

Amazon to Launch Video Steaming Service in Japan, Following Netflix's Own Launch in Japan

Amazon.com, Inc. has announced that they will start offering their Prime Video to Amazon Prime members in Japan by September 2015, according to a press release issued by Amazon Japan.

Best Buy Plans to Sell Apple Watch in 1,000 Stores Due to High Demand

Best Buy is planning to offer Apple Watch in all 1,000 of its stores by the end of September due to the high demand that the watch generated from the stores' consumers, according to a report from the International Business Times.

Kraft Heinz Recalls More Than 2 Million Pounds of Oscar Mayer Turkey Bacon, Possible Adulteration Found After Consumer Complains

Kraft Heinz Foods Company is recalling more than two million pounds of turkey bacon products due to possible adulteration because the products may spoil before its “Best When Used By” date, according to a press release issued by the U.S. Department of Agriculture Food Safety and Inspection Services (FSIS).

DENSO to Expand its Electronics Manufacturing Capabilities, Invest $400 Million, Add 500 Jobs

DENSO Corporation, a global auto supplier, will be investing $400 million and hiring 500 people, as it expands its manufacturing capabilities, according to DENSO’s press release published in Virtual Press Office.

Schlumberger to Acquire Cameron for $14.8 Billion, Combines 2 Complementary Companies

Schlumberger Limited, a company that supplies technology, integrated project management, and information solutions to customers working in the oil and gas industry worldwide, has announced that it will be acquiring Cameron International Corp. for $14.8 billion in a stock and cash transaction, according to a press release issued by Schlumberger.

Amazon's Prime Now's Delivery Service Available in Seattle, Offers Liquor Delivery

Amazon.com, Inc’s Prime Now, the mobile application exclusively available to members of Amazon Prime, is now available to residents of Seattle, Bellevue, Redmond, and Kirkland, according to a press release issued by Amazon.

Geico to Pay $6 Million to California Regulators, Settlement for Alleged Misleading and Discriminatory Business Practices

Geico, the auto-insurance unit of Warren Buffett’s Berkshire Hathaway Inc., has agreed to pay $6 million as settlement with the California Department of Insurance, according to a press release issued by the department.