The move underscores Goldman Sach’s new focus on getting better returns from its asset-management division. As per a report from the Wall Street Journal citing sources familiar with the matter at hand, Goldman Sachs Group Inc its private-investing arms and… Read More ›
Economy & Finance
Bayer to invest $5.6 billion in new weed killer
It appears that Bayer intends on creating another line of weedkillers other than Monsanto’s RoundUp, which is causing it lots of grief stemming from thousands of U.S. lawsuits. RoundUp contains glyphosate, which according to plaintiffs, causes cancer. On Friday, in… Read More ›
T-Mobile-Sprint Corp merger deal set for pre-trial hearing on June 21
10 states, led by California and New York, have filed a lawsuit to stop the merger saying it would increase subscriber’s costs. The judge hearing a complaint from state attorneys general who are aiming to stop the $26 billion merger… Read More ›
Canada rejects suggestion of halting Meng Wanzhou’s extradition to the United States
Meng Wanzhou’s extradition to the United States has clearly touched a nerve for Beijing. Although Huawei keeps chanting the mantra that it is not tied to the Chinese government, Beijing’s violent reactions however are indicative otherwise. Canada’s Foreign Minister Chrystia… Read More ›
PetSmart’s Chewy fetches record IPO with $1 million
Chewy is expanding its footprint into an industry which has historically held up well in economic downturns. Pet products retailer Chewy Inc stated, it had priced its initial public offering at $22 per share, above its target, and had sold… Read More ›
British Regulators Fine Audit Firm PwC £4.55 Million Over Audit Of Redcentric
The global audit firm Price Waterhouse Coopers (PwC) had failed to challenge the management of the IT services company Redcentric. It was later found that the there was a 20 million pound in the company accounts. This was the charge… Read More ›
Suspected Attacks Hit Two Oil Tankers In Gulf Of Oman
The incidents of attacks on oil tankers laden with crude and other products in the seas in the Middle East continues unabated as two oil tankers were hit in suspected attacks in the Gulf of Oman a day ago. about… Read More ›
Women’s Earnings Peak 11 Years Earlier Than Men, But Get $35,000 Less: Survey
The peak earning potential for working women in general is reached by them about 11 years prior to men. Additionally, women get $35,000 less in the average salary compared to their male counterparts, found a recent study. The study which… Read More ›
Canadian Grocery Store Uses Emotion Of Shame To Change Consumer Tendency Of Plastic
One Canadian grocery chain has taken recourse in encouraging customers to shun single use plastic usage and potentially alter their consumer behavior by trying to spur up their emotion of shame. Currently, consumers emotions have been attempted to be tingled… Read More ›
Tariff As Tool For Foreign Relations Defended By Trump
His strategy of using trade tariffs as a tool for gaining strategic advantages in trade relations with other countries was defended by the United States president Donald Trump on Tuesday even as its trade war target China pledged to reciprocate… Read More ›