Biz/Tech
Apple is Builiding Second-Largest Campus in Austin, Transforms Austin's Technology Sector
Emera Acquires TECO Energy for about $10.4 Billion, Becomes Energy Leader in North America
Toyota to Invest about $50 Million on Artificial Intelligence Research, Partners with Stanford, MIT
Toyota Motor Corporation has announced that it will be investing $50 million over the next 5 years to accelerate the research of artificial intelligence for vehicle and mobility technologies, according to a press release issued by Toyota.
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Alcoa Betting on 3D Printing, Spends $60 Million to Expand 3D Manufacturing Center
Alcoa, a leader in lightweight metals, is betting on 3D printing as it plans to expand its 3D manufacturing center in Pennsylvania, according to a press release issued by Alcoa.
Natalie Massenet Resigns from Net-a-Porter, Leaves Company as It Completes Merger with Yoox
Natalie Massenet has resigned from Net-a-Porter Group Ltd as the company is completing its merger with Yoox Group SpA, according to a report from The Wall Street Journal.
Rentokil Buys Steritech for $425 Million, Strengthens Position as No. 3 Pest Control Business in U.S.
Rentokil Initial Plc has announced that it will acquire Steritech Group, Inc., one of the leading pest control businesses in North America, for $425 million in cash, according to a press release issued by Rentokil.
Florida Power & Light to Reduce Electricity Rates in 2016, Push for Efficiency Saving Customers Money
Florida Power & Light Company (FPL) has announced that is again planning to reduce its rates by 2016 due to the company’s long-term investments in making its plants more efficient, according to a press release issued by FPL.
Lannett to Acquire Kremers Urban Pharmaceuticals for $1.23 Billion, Expands Lannett's Existing Portfolio of Products
Lannett Company, Inc. has announced that it will be acquiring Kremers Urban Pharmaceuticals Inc., the U.S. specialty generic pharmaceuticals subsidiary of global biopharmaceuticals company UCB S.A. for $1.23 billion, according to a press release issued by Lannett.
Delta Air Lines Entices Business Fliers with On-Time Service, Promises to Pay if They Don't Deliver Better than Rivals
Delta Air Lines, Inc. is banking on its rate as being an on-time airline that beats its rivals to entice business fliers to fly with them, according to a report from Bloomberg.
Amazon's Dash Buttons Now Basically Free, Offers 11 New Brands
Amazon’s Dash Buttons, its adhesive one-click buttons that users can stick in any household surface where you may need to reorder products, is now made virtually free, according to a report from The Verge.
Valeant to Buy Synergetics for about $166 Million, Expand Bausch + Lomb's Business
Valeant Pharmaceuticals International, Inc., a Canada-based multinational pharmaceutical company, has announced that it will be acquiring Synergetics USA, Inc. for approximately $166 million in cash, according to a press release issued by Valeant.
Paypal Introduces Paypal.Me, Makes Requesting for Money Simple and Personal
PayPal, Inc. has just introduced the PayPal.Me, a service that lets users put their name on their PayPal and have a personal link to requesting money, according to a blog post in PayPal’s website.
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