The stance has been portrayed as wanting to have the cake and eat it. If the EU were to agree to it, it could encourage other member states to follow Britain’s example. In what could be potentially a sticky point… Read More ›
Regulations & Legal
Weak oversight surrounds Wisconsin-Foxconn LCD Screen plant deal: Legislative Audit Bureau
Given Foxconn’s global track record in job creation and the systemic deficiencies in the Wisconsin Economic Development Corporation’s working, Foxconn’s LCD screen manufacturing plant in Wisconsin has significant challenges ahead. Going by audits conducted at the state of Wisconsin, the… Read More ›
North Korean textiles factories humming with Chinese orders
This eye opener throws new light on Chinese business practices. With the United Nations imposing economic sanctions on North Korea, China, its only ally, has found a new way to circumvent the sanctions and continue doing business with its ally…. Read More ›
Kaspersky Labs withdraws antitrust complaint against Microsoft
While the amicable solution will give Kaspersky more elbow room in the hotly competitive antivirus market, the detente comes midst a slew of allegations that it is vulnerable to influence from the Russian government. Russian cyber security firm Kaspersky Lab… Read More ›
GE CEO’s $2.7 million GE stock purchase underscores his confidence in the company
John Flannery is pushing to improve Ge’s overall profitability. The move highlights his confidence in the company’s future. As per a regulatory filing, John Flannery, General Electric Co’s new CEO has been buying nearly $2.7 million in GE stock in… Read More ›
Tax Reform framework to be released in September: White House
The skeletal framework will not be accompanied by any tax legislation. Instead, it will act as a foundation for a tax bill. According to three sources familiar with the matter at hand, the White House plans on releasing a brief… Read More ›
North Korea will gain Guam strike capability in mid-August
With North Korea’s state media revealing details of the strike capability, it would appear that the China-backed regime is baiting the Donald Trump. North Korea’s state media has disclosed that it will be in a position to launch four intermediate… Read More ›
Japan can legally shoot down missile flying over its territory
Although, Japan is not known to have this defense capability, Japan’s defense minister has clarified, it can legally do so. On Thursday, Japanese Defense Minister Itsunori Onodera stated the country could legally intercept a North Korean missile headed towards Guam…. Read More ›
Disney shells out $177 million to settle ‘pink slime’ litigation
This came to light following Disney’s filing its quarterly returns. As per a quarterly financial report, Walt Disney Co has paid $177 million, in addition to insurance recoveries, to settle the closely watched “pink slime” defamation case against its ABC… Read More ›
Monsanto’s Dicamba herbicide likely to trigger class action lawsuit
Millions of acres of fields have been laid waste due to Monsanto’s herbicide Dicamba which did not undergo regular scrutiny as required by law. With the U.S. growing season entered its peak this summer, farmers have begun posting pictures on… Read More ›
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