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 ›
Regulations & Legal
Sprint explores strategic partnership with Charter and Comcast
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 ›
A ‘Second Tier’ Country Now Is America, Says A Recent Report
America trails many other developed countries when it comes to health, environmental protection, and fighting discrimination, even though it leads the world when it comes to access to higher education. This was revealed in a report published by the Social Progress Imperative, a… Read More ›
Royal Bank of Scotland in the midst of a strategic downsizing
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 ›
Tim Westergren resigns as Pandora Media’s Chief Executive
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 ›
After Supreme Court ruling, GM settles hundreds of ignition switch related lawsuits
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 ›
Eddie Bauer exploring strategic alternatives, including sale: sources
The retail sector has been ravaged by changing consumer taste and a boom in internet shopping. On Friday, U.S. outdoor gear and outerwear retailer Eddie Bauer LLC, which is trying to struggling to manage its debts, hired investment banks to… Read More ›
Fake online stores exploit loopholes in banking system to process illegal banking transactions
This shadow banking system is used to launder billions of dollars. Here is how it functions. An examination by Reuters has opened a can of worms: a network of dummy online stores selling household goods have been used as a… Read More ›
MSCI Exec Says Inflow Into Chinese Stocks Could Be To The Tune Of About $17 Billion Or More
Once some of those stocks are added to the key MSCI Emerging Markets Index, an MSCI executive said that about $17 billion to $18 billion should initially flow into mainland China’s stock market. Tracked by an estimated $1.6 trillion, a… Read More ›
Family Policies That Could Piggyback Onto Tax Reform Effort Being Drawn By Ivanka Trump
In order to discuss family and child care policy as she seeks to build momentum around one of her signature issues, first daughter Ivanka Trump huddled with Republican lawmakers on Capitol Hill Tuesday morning. Sen. Marco Rubio of Florida, who has proposed… Read More ›
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