It would not be surprising if Boeing’s management had gauged Donald Trump’s protective policies early on and had let it be known that it would be trimming its workforce. After all, during the campaign trail Trump had been very loud… Read More ›
Entrepreneurship
VW’s executive arrested in Florida on charges of fraud
The timing of the arrest is unusual given the extensive negotiations VW has had with U.S officials on ways to surmount and move past the diesel emission. The New York Times has reported that the Federal Bureau of Investigation has… Read More ›
Google showcases its latest autonomous self-driving system in a Chrysler Pacifica
The race for tomorrow’s automated autonomous car just got hotter with Google displaying its improved version of the technology. Ahead of the much awaited Detroit auto show, Google unveiled its latest autonomous automated car technology mounted in a Chrysler Pacifica… Read More ›
French drugmaker Ipen set to acquire Merrimack’s asset for ~$1billion
While the deal will boost Ipen’s cancer drug portfolio, Merrimack’s shareholders will receive a special dividend as an outcome of the deal. France-based drug manufacturer Ipsen SA, has disclosed it will be acquiring some assets from its U.S. peer Merrimack… Read More ›
General Motors and its Chinese JV partners rake in record profits in 2016
Despite registering a 2.3% year-on-year fall in sales, General Motors and its Chinese partners have sold a record number of small-engine cars in China. In 2016, General Motors and its joint venture partners have sold 3.87 million vehicles in China,… Read More ›
Yahoo’s troubles rocks Verizon’s acquisition of the company
Despite law enforcement agencies buzzing around Yahoo, Verizon finds the core merits of the deal are still intact. However, fresh non-disclosures could scuttle the deal. With Yahoo coming under renewed scrutiny by the federal law enforcement agencies, a senior executive… Read More ›
Frontier Airlines planning for an IPO
The low cost carrier has hired Deutsche Bank AG, Evercore and JPMorgan Chase & Co to manage its IPO. The New York Times has reported citing sources familiar with the matter at hand that Denver based, Frontier Airlines, a budget… Read More ›
Boeing receives order for at least 92 737 jets from SpiceJet
The value of the deal is expected to touch $10.1 billion. Bloombers has reported citing sources with direct knowledge of the matter at hand, SpiceJet Ltd, an Indian budget airlines, is expected to place an order for at least 92… Read More ›
Gartner acquires CEB in a cash and stock deal valued at $2.6 billion
The deal marks 2017’s first significant merger in the advisory, research and analysis industry. Gartner Inc, an IT research and an advisory company, has disclosed that it is set to acquire CEB Inc, a provider of business research and analysis,… Read More ›
American Apparel’s branding theme could potentially create pressure points for its acquirer
With Donald Trump pressurizing companies to subscribe to his agenda, American companies such as Amazon.com and Forever 21, could succumb to cost conscious competitor such as Canada’s Gildan Activewear Inc. According to sources familiar with the discussion at hand, online… Read More ›
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