Intel acquires Altera
Intel, one of the largest and most popular computer chip makers, completed the acquisition of Altera (which is a major manufacturer of programmable logic devices)…
Business
China telecoms flop after Chairman Chang Xiaobing becomes anti-graft target
Chang Xiaobing, the chairman of the state owned China Telecom, is currently undergoing major investigations made by the China anti-corruption watchdog. He is currently on…
Billionaire Steven Cohen’s hedge fund reaches $1.8 billion plea deal
Federal prosecutors announced a record $1.8 billion insider trading penalty against billionaire Steven A. Cohen’s embattled SAC Capital on Monday, closing a probe into the…
Is betting against Apple in 2016 a dumb move?
Apple is undeniably one of the most successful and in vogue companies on the planet. From giving us high-end smartphones to producing the popular virtual…
It’s Amazon Prime time before Christmas, and customers aren’t breaking a sweat
It’s the final countdown for holiday shopping, and based upon your personality, it’s either an impending anxiety attack or a procrastinator’s paradise. Almost 40 percent…
China Vanke ready for showdown with biggest investor over control
China’s largest developer, China Vanke, has been facing a rather hostile takeover bid by its largest shareholder. China Vanke is backed up by Baoneng Group,…
Meat labelling law repealed by Congress after facing Canadian retaliation
A possible trade war between Canada and the United States was prevented Friday, as the U.S. Congress passed an extensive spending bill that also repealed…
New U.S. oil export accord receives mixed opinions
What seemed impossible just a few months back now only seems improbable. As Republican presidential candidate Ben Carson criticized the nation’s “archaic rules for energy…
Wall Street ticks upward on a mixed day for energy stocks
It was a breakthrough after a long, indecisive day when stocks started flooding in at the last minute of trade on Monday, and quite a…
Fed keep investors anxious on global stocks rise
Stocks went up in Asia and Europe on Tuesday, though volatile prices of oil put investors watchful before a generally anticipated enhancement in U.S. interest…
Ray of hope from Paris, big business seeks CO2 emissions price
For the most part, large businesses wanted one thing from the climate agreement in Paris on Saturday: compensation on carbon dioxide (CO2) emissions. While outwardly…
November retail sales show signs of strength
Holiday shoppers are off to a solid but unspectacular start as retail sales registered a modest gain in November. The Commerce Department stated Friday that…
Maximize your end of the year financial situation
The year’s end brings about a chance to square things away, wrapping up the year in as nice and neat a bow as possible. It’s…
Oil may be the biggest risk for 2016
Oil may be the biggest risk for 2016 The major financial risk in 2016 may be the one that’s been in discussion all year round….
Asian stocks at three-week low on oil prices drop, Fed says
Asian stocks fought three-week lows in the last week as oil prices knocked the shares of energy sectors lower. Many investors followed the sidelines before…
Oil prices slump amid OPEC’s decision to maintain record high production levels
Amid the Organization of Petroleum Exporting Countries announcement to continue production close to record high level, and in spite of depressed oil prices, prices on…
Obama warns Putin on intervening in Syria’s civil war
The president of the U.S., Barack Obama, has warned Russian President Vladimir Putin against creating a personal involvement in Syria’s civil war. Obama suggested that…
Volkswagen’s sales plummet amid continued emissions scandal backlash
On Tuesday, Volkswagen of America posted its November sales figures. It reported a reduction of 24.7 percent in overall sales, as compared to its November…
Cisco Bags Acano
At Cisco’s 2014 Collaboration Summit, Collaboration Technology Group’s (CTG), General Manager Rowan Trollope was asked what it would look like for him and the group…
900 Jobs Cut Through Next-Year Closing of Tyson Foods Plants in Jefferson and Chicago
Just this week, Tyson Foods announced that its plants in Jefferson and Chicago will be ceasing operations next year. Several factors have influenced management to…