According to food service industry consultants Technomic, Domino’s remains the leader in the market for quick-service pizza even though the performance of the company’s shares was the worst in over a year following disappointing earnings. But the company is winning… Read More ›
Month: February 2019
FCA To Make New Jeep SUV Models, To Invest $4.5 Billion In Michigan Plants
The market for large SUVs in the United States has been on the uptick for quite some time now and auto makers have been compromising some of their non-performing models to focus on large SUVs. This is exactly the case… Read More ›
Infrastructure investment under pressure: China’s state planner
Investors are starting to lose confidence in local companies weighed down by a mountain load of debt.
Boeing pitches T-X training jets to Royal Australian Air Force
The Royal Australian Air Force is just one of many potential customers Boeing is talking to ahead of a request for proposal. On Tuesday, Boeing Co disclosed it is holding talks with potential customers, including the Royal Australian Air Force,… Read More ›
Australia’s TPG to writedown $163 million
TPG does not expect the writedown to impact its full-year earnings forecast. It is slated to report its Q1 earnings on March 19. Following a ban on the usage of equipment from Huawei Technologies Co Ltd, Australia’s TPG Telecom Ltd… Read More ›
U.S. Department of Justice asks judge to approve CVS Health Corp’s merger with Aetna
Judge Richard Leon will have to either sign the deal or could possibly hold a hearing to allow critics to raise their concerns. The U.S. Justice Department has formally asked a U.S. judge to approve to allow CVS Health Corp’s… Read More ›
Former PepsiCo CEO Indira Nooyi joins Amazon.com’s board of directors
Indira Nooyi will be part of Amazon’s audit committee on its board. In a development that underscores Amazon’s commitments towards gender neutrality in its board of directors, the world’s biggest online retailer stated it has appointed Indra Nooyi, the former… Read More ›
Banning Chinese Suppliers Would Not Delay 5G Rollout: Nokia
According to the CEO of Nokia, Rajeev Suri, there would likely be no delay in the roll out of the next generation mobile technology 5G because of the possible exclusion of Chinese companies from such networks on alleged security grounds…. Read More ›
Target To Work With More Third Party Seller On Is Website
More third party sellers are being roped in by US based retailer target bit in a much different manner as is being done by its larger rivals Walmart and Amazon. Target is aggressively calling out to both national and speciality… Read More ›
Exxon Mobil Corp’s position on climate change is “shortsighted”: investors
Two group of investors, who have a combined total of $1.9 trillion assets under management are pushing Exxon Mobil Corp to address significant climate risk concerns. According to two groups of investors, Exxon Mobil Corp is attempting to block an… Read More ›