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BMO Capital Markets analysts expect S&P500 to add 5100 points in 2024 11/30/2023

Tesla opens pre-orders for Cybertruck 12/01/2023

Falling Inflation In The Euro Zone Puts The ECB At Odds With Markets 11/30/2023

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Hewlett-Packard knew of facts before acquiring Autonomy

KPMG’s report shows Hewlett-Packard was aware of facts before acquiring Autonomy. As per Mike Lynch, founder of Autonomy, Hewlett-Packard Co was aware of the on-going practices at Autonomy, including its growth rates and its hardware sales, which were boosted by different accounting rules before it...

Apple iPhone 6S Hits Shelve, Company Expects Record First Week Sales

With fans camping outside stores to be the first to get their hands on Apple Inc.’s latest iPhone 6S, the launch which commenced in the UK on Friday was welcomed with the now all so well known fanfare. This has prompted the company to predict new records for opening weekend sales of the newest...

U.S. Antitrust Body - FTC, to Investigate Allegations Against Google Mobile Android Operating System

The US Federal Trade Commission is investigating about whether Google Inc is using its Android mobile operating system to stifle competition, reported the Reuters. Action by U.S. regulators would be a big problem for the US IT giant as the Android mobile platform is a key element in Google's...

Volkswagen Board Meeting to Choose New CEO and Axe Some Top US Officials of the Company

In an effort to show that it is acting decisively to end a crisis over its rigging of U.S. diesel emission tests and to install confidence among the investors and shareholders after the historic fall in its share prices, the Volkswagen board expected to name Matthias Mueller, the head of its...

Rare 1970's Whiskey From Glenmorangie to be Sold at $50,000 a Bottle

Three bottles of 1970’s batch of Glenmorangie whiskey in the US would be sold for $50,000. These are part of the company’s set of 10 bottles, the last bottles remaining on Earth form the 1970’s Collection, is loved for its exceptional single malt scotch. “It’s like tasting a piece of history,”...

The Internet Of Things Taking China by Innovation Hits Ninety Billion Dollar

The loT industry that weaves traditional devices to the internet is valued at ninety billion dollar. Nanjing – 24 September 2015 – The reports state that the “loT” industry or the “Internet of Things” at China acquired the value of “580 billion yuan” which is equivalent to “90 bln U.S. dollars”. A...

Starbucks Agrees to Pay "National Living Wage" to All UK Employees

Starbucks employees of UK would now get enhanced wages as the global café chain agreed to pay the National Living Wage to its employees. The basic pay for all employees, including apprentices would be increased to £7.20 an hour next April, the company announced on Friday. While an undisclosed...

Instagram Draws Ahead of Twitter

The Instagram’s audience has exceeded 400 million, Reuters reports citing a statement by the company. It seems that Facebook's strategy for the development and maintenance of the photo service is paid off. This result was achieved in less than a year after the number of Instagram’s subscribers...

Volkswagen not the First German Company to Face Emission Allegations in the US

After the revelation of the Volkswagen emission scandal, the auto world has been shaken up. But experts and old hands at the auto market say that this is not the first time that a German auto maker has been charged with similar allegations. While the German companies have a reputation for...

Volkswagen Chief Quits Faced with Worst Crisis in its 78 year old History

Amidst worldwide criticism of hoaxing the environment emission norms in et US and facing hefty penalty apart from losing both hare prices and face, the Volkswagen CEO Martin Winterkorn resigned on Wednesday, taking responsibility for the German carmaker's recent historic debacle in its 78-year old...