The move underscores the trend among banks to lure and retain top talent who may not have been privy to Ivy League education. As per a senior Goldman executive, the Goldman Sachs Group plans on using a “personality test” as… Read More ›
Month: August 2017
Disney shells out $177 million to settle ‘pink slime’ litigation
This came to light following Disney’s filing its quarterly returns. As per a quarterly financial report, Walt Disney Co has paid $177 million, in addition to insurance recoveries, to settle the closely watched “pink slime” defamation case against its ABC… Read More ›
North Korean Arms And Other Illicit Goods Needs Buyers, Say Experts And Analysts
North Korea is likely on the lookout to expand its illicit trade outlets after being stung by the latest round of United Nations sanctions. But now, less inclined to make new deals might be the countries who previously did business with… Read More ›
Costs For Cakes And Pastries Expected To Skyrocket As Butter Prices Spark ‘Major Crisis’ In Europe
At a time when prices are skyrocketing, stockpiles are running low and dairy giants are warning of an imminent shortage, Europeans are consuming more and more butter. Market fears of a European butter shortage cannot be ignored, said Chef Séverine… Read More ›
Monsanto’s Dicamba herbicide likely to trigger class action lawsuit
Millions of acres of fields have been laid waste due to Monsanto’s herbicide Dicamba which did not undergo regular scrutiny as required by law. With the U.S. growing season entered its peak this summer, farmers have begun posting pictures on… Read More ›
Foxconn’s Wisconsin plant will take at least 25 years to break even
This analysis was done by the non-partisan Legislative Fiscal Bureau. As per a legislative analysis of Wisconsin’s $3 billion incentive package to Foxconn’s proposed LCD screen plant in the states, it will take at least 25 years for the state… Read More ›
North Korea considers striking U.S. military bases in Guam
The move could bring an end to the dictatorial regime and could curtail China’s expanding ambitions. On Wednesday North Korea disclosed it was “carefully examining” plans for a missile strike on the U.S. Pacific territory of Guam. This disclosure came… Read More ›
Midst tensions with China, Vietnam wins U.S. defence pledge
An increasingly aggressive China is facing threats in different fronts. A misstep in any one area will significantly dent and hammer its economic and geo-political ambitions. With China flexing its muscles in the South China Sea, Vietnam has won… Read More ›
Netflix zooms past analysts’ expectation riding on cable business alliances
Alliances with former foes have been instrumental in its phenomenal growth in the U.S. and overseas. In a development that underscores a tactical shift in the U.S. cable business, a growing number of operators are forming business alliances with their… Read More ›
U.S. Fintech firm Fiserv offers to acquire UK-based Monitise for $98 million
Fiserve has managed to secure a significant 9.9% of Monitise’s issued share capital in its bid, thus ensuring that the bid is likely to sail through. Fiserv, a U.S. fintech company has upgraded its offer to $98 million (75 million… Read More ›