Spectranetics specializes in cleaning up clogged arteries and veins. Dutch medical equipment manufacturer, Philips, has disclosed it will be acquiring U.S.-based Spectranetics Corp for $2.16 billion (1.9 billion euros), including debt. Spectranetics uses innovative techniques including, tiny drug-covered balloons and… Read More ›
The U.S. No. 2 oil producer is looking to fill a gap in its artificial lift business. According to sources familiar with the matter at hand, U.S. oil giant Halliburton Co is said to be in the midst of advanced… Read More ›
Political and economic uncertainties arising out of Brexit and May’s surprise snap elections are significantly contributing to falling sales for retailers in the UK. Britain’s inconclusive general elections along with its upcoming exit from the European Union has many hedge… Read More ›
The likelihood of an agreement is high since it would ease antitrust concerns over its merger with T-Mobile. As per two sources familiar with the matter at hand, Sprint Corp is exploring a partnership with Comcast Corp and Charter Communications… Read More ›
With weakening sales of its flagship smartphone, self-driving car technology could potentially lift the company’s future. Apple is said to have leased a small fleet of cars from Hertz Global Holdings Inc, a rental company, to test advances in its… Read More ›
While noting the challenges in the under-invested railways, Amtrak’s chairman Anthony Coscia was enthused to have Anderson at the top given his record at Delta Air Lines. On Monday, Amtrak named Richard Anderson, Delta Air Lines’ former chief to lead… Read More ›
The move will see RBS cut 443 jobs as it pushes to streamline its operations and bring it in the black. Edinburgh-based Royal Bank of Scotland disclosed that as part of a strategic restructuring of its operations, it plans on… Read More ›
Until the company finds a replacement, Westergren will continue to hold the office. As per a Recode’s report, Tim Westergren, the founder and CEO of Pandora Media Inc, a music streaming service, has decided to step down. However, he will… Read More ›
The company has got itself a sponsor from U.S.-based Key Safety Systems which is owned by China’s Ningbo Joyson Electronic Corp. Japanese airbag manufacturer, Takata Corp which found itself in the centre of one of the auto industry’s biggest ever… Read More ›
The details of the settlement are yet to be disclosed, as they are confidential. GM’s lawyers are working with the plaintiffs’ lawyers to complete the documentation within a month’s time, after which it will begin implementing the court’s order. As… Read More ›
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