Charter Communications Inc’s acquisitions of Time Warner Cable Inc and Bright House Networks were approved in a announcement by the U.S. Federal Communications Commission which confirmed the acquisition on Friday. Approval from regulators in California is the last approval that… Read More ›
Wolfgang Hatz has been Porsche’s top engineer in its R&D department. In the wake of the diesel emission scandal, Porsche’s top engineer has left the company for greener pastures, said Porsche, while clarifying that investigations so far have found no… Read More ›
In order to rein in costs Sprint has vowed to cut expenses by $2 billion for 2016-2017. Facing widening losses, and having added fewer subscribers than it initially expected, Sprint Corp has vowed to cut more than $2 billion in… Read More ›
Apple’s strategy of importing refurbished iPhones in order to capitalize on India’s booming smartphone market to offset its flagging sales did not take off. It will now have to find other means to remain competitive. In a move that is… Read More ›
In a video message posted on YouTube, Anonymous said, “This marks the start of a 30-day campaign against [Greece’s] central bank sites across the world.” Activist hacking group, Anonymous has begun attacking Greek’s central bank with an official from the… Read More ›
Renault’s board has agreed to provide Carlos Ghosn the company’s CEO a pay package of 7.19 million euros despite Renault’s lackluster results. France’s economics minister Emmanuel Macron has commented saying if Renault does not self-moderate its CEO’s pay, the government,… Read More ›
The U.S. Department of Energy expects global oil prices to balance themselves out in a year’s time. Ernest Moniz, the Energy Secretary of the United States has disclosed that he expects the global supply and demand of oil to rebalance… Read More ›
The plaintiff had used J&J’s feminine talc powder products such as Baby Powder and Shower to Shower Powder on her genitals for decades. The usage of talc powder for feminine hygiene has been linked to an increased risk of ovarian… Read More ›
As per the EU Commissioner, the EU equivalent of antitrust regulators had worked closely with its peers from U.S., Brazil and Australia. Margrethe Vestager, the EU Commissioner opines that the aborted merger of Halliburton and Baker Hughes is significant, since… Read More ›
Volkswagen’s decision to pay a bonus to its board leads to public outcry in Germany. The German finance minister, Wolfgang Schaeuble, has come down heavily on Volkswagen’s board for not waiving bonuses despite the fact that the diesel emission scandal… Read More ›
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