Michael Smith
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Time Warner Cable Inc. Could Be A Buyer Or Seller In Future Business Plans, Says CEO Rob Marcus
Time Warner Cable Inc. Chief Executive Officer Robert Marcus has revealed that the telecommunications company could emerge as a buyer or seller following its merger breakup with Comcast Corp., the Wall Street Journal reports.
Tesla Motors Plans To Invest In Solar-Powered Charging Infrastructure In Japan
Tesla Motors has announced that it plans on investing in solar-powered charging infrastructure throughout Japan.
Deutsche Bank AG Hit With $2.5 Billion Fine For Alleged Participation In Libor Rigging Scandal
Deutsche Bank AG, one of the world's largest finance institutions, has been ordered to pay a $2.5 billion fine for its alleged participation in a Libor rigging scandal.
Facebook's Revenue Rises 42 Percent In First Quarter, Despite Losses From Rising US Dollar
Facebook's revenue rose 42 percent in the first quarter of fiscal year 2015, despite losses from the rising United States dollar.
NBCUniversal, Walt Disney Co. And Fox Oppose Verizon’s New FiOS Television Service
NBCUniversal, Walt Disney Co. and 21st Century Fox officials are vocalizing their opposition to Verizon's newest FiOS television service, which provides lower-priced and customizable packages for customers.
Comcast Officials Defend Time Warner Cable Merger, Claim Transaction Will 'Bring Substantial Benefits To Consumers'
Comcast officials continue to back their proposed merger with Time Warner Cable, despite recent claims that the deal may not receive approval from the United States Department of Justice and the Federal Communications Commission.
Raytheon Corp. Boosts Integrated Defense Systems With Websense Acquisition
Raytheon Corp. officials have purchased the information security company Websense for a total of $1.9 billion, the Boston Globe reports, mentioning that the Massachusetts-based defense contractor is looking to boost its cyber security selections.
Etsy Shares Surge To $35.73 During Opening Trading, Company Valued At $3.33 Billion
Shares of Etsy, the peer-to-peer e-commerce website known for the sale of vintage and handmade products, surged to $35.73 during opening trading on Thursday, surpassing its expected $16 pricing.
Netflix Shares Surge 12 Percent, Surpassing CBS Corp. In Market Capitalization
Netflix shares increased by 12 percent in after-hours trading on Tuesday, surpassing CBS Corp.'s most recent market capitalization figures.
Best Buy Shares Increase Following Announcement Of Board Chairman Hatim Tyabji's Retirement
Shares of Best Buy increased by 0.8 percent to $38.64 during after-hours trading on Monday, after company officials announced that Board Chairman Hatim Tyabji will be retiring on June 9, The Street reports.
New Target Corp. Senior Vice President Anne Dament Expected To Revamp Retail Company's Food Business
Target's new senior vice president Anne Dament is expected to revamp the retail company's merchandise with food and essentials division, the Associated Press reports, mentioning that the role has remained vacant since late 2014.
Nokia Oyj Officials Explore Possibility Of Acquiring France's Alcatel-Lucent
Nokia Oyj officials are exploring the possibility of acquiring France-based Alcatel-Lucent, a global telecommunications equipment company, Bloomberg reports.
Netflix Ranked Best Performing Stock On S&P 500 Index Following Recent Analyst Upgrade
On-demand internet streaming media service Netflix was ranked as the best performing stock in the S&P 500 index on Monday, the Financial Times reports, following a recent analyst upgrade on the company's stock.
Volkswagen Employees Ask Company Leadership To Focus On Operating Business Successfully, Not On Leadership Power Struggles
Volkswagen workers are asking the automotive company's leadership to focus on continuing to operate business successfully and not on power struggles between high-ranking officials, Agence France-Presse reports.
Energy Companies To Receive Tougher Regulations On Offshore Oil And Natural-Gas Drilling Equipment
United States energy companies are expected to receive tougher regulations on offshore oil and natural-gas drilling equipment.
PepsiCo Inc. Replaces Coca-Cola Co. As Primary National Basketball Association Sponsor
PepsiCo Inc. is replacing Coca-Cola Co. as the primary sponsor of the National Basketball Association (NBA), Reuters reports, granting the company rights over its brand and promotional activity.
Virgin America Ranked Number One Airline Franchise In 2014: Wichita State University And Embry-Riddle Report
Virgin America has been ranked the number one airline franchise for 2014, Wichita State University and Embry-Riddle Aeronautical University revealed in a new report, retaining its three-year position as the industry favorite.
New York City Residents Invited To Vote On Financing Neighborhood Participatory Budgeting Projects
The Participatory Budgeting Project, a non-profit organization dedicated to implementing participatory budgeting in cities across the world, has sent an e-mail to thousands of New Yorkers asking them to vote on upcoming neighborhood projects.
General Motors Officials Expected To Finance $1 Billion Technical Center Renovation
General Motors (GM) officials are exploring the possibility of financing a $1 billion renovation project that would overhaul the company's Technical Center in Warren, Michigan, Bloomberg reports.
Los Angeles Mayor Eric Garcetti Unveils New Environmental Initiatives Affecting Local Businesses
Los Angeles Mayor Eric Garcetti announced plans on Wednesday outlining new environmental programs and regulations that will affect a number of local businesses.
Amazon Officials Sue Four Websites Allegedly Misleading Customers With Fake Reviews
Amazon officials have sued four websites connected with allegedly misleading customers with fake, positive reviews, Reuters reports.
Taco Bell Officials Plan To Expand Franchise Services To Include Deliveries
Taco Bell officials are planning to test out a new delivery service later this year available at all franchise locations, Nation's Restaurant News reports.
Walgreens Boots Alliance Inc. Officials Mull Over Buyout And Joint Venture Expansion Plans
Walgreens Boots Alliance Inc. Chief Executive Officer Stefano Pessina revealed during a conference call with analysts on Thursday that company officials are moving forward with expansion plans including a possible buyout or joint venture.
Google’s YouTube Kids Application Under Pressure From Child Advocacy Groups
Google's new YouTube Kids application is facing opposition from a group of child advocacy organizations claiming its advertising features are deceptive and unfair.
Royal Dutch Shell Officials Explore BG Group PLC Acquisition Options
Royal Dutch Shell officials are mulling over plans to acquire BG Group PLC, a multinational gas and oil company based in the United Kingdom, in what could be one of the year's largest petroleum buyout deals, the Wall Street Journal reports.
Starbucks Expects To Spend $250 Million To Help 25,000 Employees Pay Full Cost Of Online Degree
Starbucks expects to spend up to $250 million to help approximately 25,000 employees pay for the full cost of an online degree offered by the Arizona State University.
Proposed FedEx Takeover Of TNT Express Valued At $4.8 Billion
FedEx is proposing a takeover of TNT Express, an international courier delivery service based in the Netherlands, in a deal worth $4.8 billion, the Wall Street Journal reports.
Walmart President And CEO Greg Foran Announces New Measures To Reduce Commodity Prices
Walmart President and Chief Executive Officer Greg Foran has announced new measures aimed at reestablishing price gaps over its rivals in an attempt to remain competitive as global commodity prices continue to drop.
GoDaddy Inc. Officials Raise $460 Million Following Initial Public Offering
GoDaddy Inc. officials have raised $460 million from selling 23 million class shares priced at $20 following its initial public offering (IPO), Reuters reports.
Teva Pharmaceutical Industries Leadership Seeks To Protect Copaxone Profits From Competitor Brands
The leadership of Teva Pharmaceutical Industries Ltd., the world's largest generic drug manufacturer in the world, is looking to protect profits made from Copaxone against competitor brands.
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