The development could spell trouble for Tesla since the UAW has now got in touch with its workforce, increasing the chances of their forming/joining an union. Dennis Williams, the President of United Auto Workers has disclosed that the union is… Read More ›
Creativity
Fund Manager AI Analysis Says Le Pen Is On Course To Be France’s Next President
Deductions from one fund manager’s big-data analysis have concluded that Marine Le Pen is on course to be the next president of France. he expected the right-wing populist to prevail thanks to his firm’s proprietary artificial intelligence (AI) system’s analysis… Read More ›
SoftBank acquires Fortress for $3.3 billion
The acquisition of an alternative investment heavyweight such as Fortress assumes significance since it signifies a widening of SoftBank’s portfolio, which has typically catered to the technology and telecom sector. With the SoftBank Group Corp preparing to launch the world’s biggest… Read More ›
Wal-Mart closes in on Amazon.com with its acquisition of Moosejaw for $51 million
Under the leadership of CEO Doug McMillon and e-commerce chief Marc Lore, Wal-Mart is steadily closing the gap with rival Amazon.com Inc. With Wal-Mart Stores Inc working strategically to gain the upper hand against the world’s biggest online retailer, it… Read More ›
France, Germany Netherlands vulnerable to election hacking: former U.S. official Justice Department
The U.S. intelligence community has repeatedly pointed a finger at Russia for having influenced the 2016 U.S. Presidential elections and have called for a more proactive and assertive stance. As per a former official from the U.S. Justice Department who… Read More ›
As Space War Intensifies, India Completes Record Satellite Launch
As the Indian space program looks to cement its position as the dominant destination for low-cost launches, the country’s primary space agency, ISRO, put 104 satellites into orbit on Wednesday, the most in history. When it took off at 9:28… Read More ›
Activist investor Trian Fund Management LP takes a $3.5 billion stake at P&G
While this marks the largest ever investment by an activist investor in Proctor & Gamble, it is interesting to note that the company has made significant strides in boosting its revenues in the last quarter especially in the healthcare and… Read More ›
Soros Fund Management spread its bets in financial stocks
During the last leg of 2016, with Donald Trump surprise victory, many asset managers had taken positions in financial stocks eyeing reduced regulations and potentially lower tax rates. The firm that invests the personal wealth of billionaire investor and philanthropist… Read More ›
Cash flow rather than volume could be GM’s next mantra
General Motor’s decision to sell its Opel brand signifies its CEO’s vision to focus on the company’s Return on Investment rather than sales volume as a measure of GM’s success. For General Motors, putting its European operations up for sale… Read More ›
Any of Wal-Mart’s offering can now be bought online or at its brick-and-mortar-store
This strategic move will help minimise redundancies in its purchasing strategy, streamline it operations, and help it capitalise on its expertise of being able to provide offerings in its product basket for the lowest possible price. In what is likely… Read More ›