The banking industry’s efforts to slim down are getting complicated by many U.S. customers who are not ready to give up regular visits to their nearest branch despite the banks’ nudging toward online tools. According to Federal Deposit Insurance Corp… Read More ›
Pfizer’s zeroes in on Medivation with its offer of a little more than $80 per share. According to sources familiar with the matter at hand, Pfizer Inc. is said to be in advanced talks with Medivation Inc. so as to… Read More ›
Given China’s profile, especially in the security context, it wouldn’t be surprising if it does not pass the CFIUS review. The fog of war could be lifted sometime next week, when the outcome of the review process is announced by… Read More ›
A host of factors including shortage of hard currency, vehicle parts and severe recession had earlier stalled Toyota’s manufacturing activity in Venezuela. In a move that bodes well for Toyota and for the Venezuelan economy, Toyota has disclosed that it… Read More ›
JP Morgan Chase & Co is set to receive $645 million out of this settlement. JPMorgan Chase & Co has disclosed that it is set to receive $645 million arising out of a settlement from a litigation with Deutsche Bank… Read More ›
Robocalls are typically used by scam artists and telemarketers. Described as a scourge by many, a taskforce has now been created to deal with this menace. In a move designed to crack down on “robocalls”, more than 30 large communication… Read More ›
An agreement on terms of a settlement that would result in the departure of Chief Executive Philippe Dauman has been reached between Viacom and controlling shareholder Summer Redstone, reports Reuters quoting sources familiar with the situation. The battle has been a… Read More ›
The after-market sale of “super tuners” which boosted power and performance at the cost of increased pollution was the primary reason why the EPA went after Harley Davidson. The fine is however a slap in the wrist compared to the… Read More ›
The root cause of the crisis started when in efforts to boost Viacom’s bottomline Dauman proposed and pushed for the sale of Paramount Studios, a company which Sumner Redstone acquired after a long battle with media mogul Barry Diller in… Read More ›
Otto’s speciality is in self-driving trucks. Uber Technologies Inc. has disclosed that it has acquired Otto, a startup which specialises in self-driving trucks. It has also formed a $300 million alliance with the Volvo Car Group so as to develop… Read More ›
manageria.biz 