Bouts of volatility will continue as nervous investors dump shares at even the slightest hint of bad news, says Suneil Mahindru the chief investment officer for international equities at Goldman Sachs Asset Management, who oversees about $15 billion. As low… Read More ›
Poaching the former director of the US research agency DARPA to lead a new research and development lab focused on large technological leaps, Facebook has hired Regina Dugan from Google. The new unit called Building 8 will create products to… Read More ›
A financial watch dog within the U.S. Government’s Treasury Department has boosted Well Fargo’s ranking in the global financial system. As per the findings of a U.S. government research group, Wells Fargo & Co is the only large U.S. bank… Read More ›
This strategic change will be hugely beneficial for McDonald as it will be largely absolved of fluctuations in China’s turbulent economy but will come with assured yearly royalties. As per sources who are familiar with the matter at hand, McDonald’s… Read More ›
A significant dip in demand from China, along with falling prices have deeply affected its operations. The Obama administration’s climate change policies have only compounded its woes. Faced with a significant drop in coal prices, U.S. coal producer Peabody Energy… Read More ›
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