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 ›
Regulations & Legal
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 ›
Foxconn’s Wisconsin plant will take at least 25 years to break even
This analysis was done by the non-partisan Legislative Fiscal Bureau. As per a legislative analysis of Wisconsin’s $3 billion incentive package to Foxconn’s proposed LCD screen plant in the states, it will take at least 25 years for the state… Read More ›
North Korea considers striking U.S. military bases in Guam
The move could bring an end to the dictatorial regime and could curtail China’s expanding ambitions. On Wednesday North Korea disclosed it was “carefully examining” plans for a missile strike on the U.S. Pacific territory of Guam. This disclosure came… Read More ›
Midst tensions with China, Vietnam wins U.S. defence pledge
An increasingly aggressive China is facing threats in different fronts. A misstep in any one area will significantly dent and hammer its economic and geo-political ambitions. With China flexing its muscles in the South China Sea, Vietnam has won… Read More ›
Netflix zooms past analysts’ expectation riding on cable business alliances
Alliances with former foes have been instrumental in its phenomenal growth in the U.S. and overseas. In a development that underscores a tactical shift in the U.S. cable business, a growing number of operators are forming business alliances with their… Read More ›