Biz/Tech
Encana to Sell Haynesville Asset for $850 Million, Investments to be Reduced by $480 Million
Amazon to Launch Video Steaming Service in Japan, Following Netflix's Own Launch in Japan
BlackRock Buys FutureAdvisor, Believes Technology could Reshape Financial Advisory Market
BlackRock, Inc. has announced that it will be acquiring FutureAdvisor, a leading digital wealth management company, according to a press release issued by BlackRock.
Latest News
Panasonic Cuts 1,300 Jobs with Closure of China Factory, Focus on Electric Car Batteries
Japan's Panasonic Corp said on Thursday it will close a lithium-ion battery factory in Beijing and axe 1,300 jobs there as demand for the product slides, competition increases and with better opportunities available in electronic car batteries.
Best Buy Plans to Sell Apple Watch in 1,000 Stores Due to High Demand
Best Buy is planning to offer Apple Watch in all 1,000 of its stores by the end of September due to the high demand that the watch generated from the stores' consumers, according to a report from the International Business Times.
Schlumberger to Acquire Cameron for $14.8 Billion, Combines 2 Complementary Companies
Schlumberger Limited, a company that supplies technology, integrated project management, and information solutions to customers working in the oil and gas industry worldwide, has announced that it will be acquiring Cameron International Corp. for $14.8 billion in a stock and cash transaction, according to a press release issued by Schlumberger.
Amazon's Prime Now's Delivery Service Available in Seattle, Offers Liquor Delivery
Amazon.com, Inc’s Prime Now, the mobile application exclusively available to members of Amazon Prime, is now available to residents of Seattle, Bellevue, Redmond, and Kirkland, according to a press release issued by Amazon.
U.S. Economy Strength Seen in Positive Consumer Confidence, Housing Figures
Consumer confidence rose to a seven-month high in August, while sales of single-family homes rebounded in July, but these may not be enough to convince the Federal Reserve to hold off a raise hike amid continued market turmoil emanating from China.
Exelon Bid to Acquire Pepco Blocked By Washington DC Regulators, Appeal Possible
Exelon Corp.'s bid to buy Pepco Holdings Inc. hit a snag after utilities regulators in the District of Columbia thumbed down the proposal saying possible benefits to consumers are outweighed by the potential harm the deal may cause.
Oshkosh Gets $6.75 Billion Contract to Build New Trucks to Replace U.S. Army's Humvees
Oshkosh Corp. won a $6.75 billion contract to supply the U.S. military 17,000 new light trucks, which is seen as an upgrade to its aging fleet of Humvees.
'Halo 5' Is Nothing Compared To 'Gears Of War 4'? Release Date All Set With Two New Characters
'Halo 5' Is Nothing Compared To 'Gears Of War 4'? Release Date All Set With Two New Characters
Hideo Kojima Proves Full Involvement With 'Metal Gear Solid 5: The Phantom Pain' Prior Its Release Date
Hideo Kojima Proves Full Involvement With 'Metal Gear Solid 5: The Phantom Pain' Prior Its Release Date