Biz/Tech
Fiat Chrysler Faces Record $105 Million in Fines Over Unsatisfactory Recalls, May Implement Vehicle Repurchases
Automaker Fiat Chrysler is set to face a record $105 million in fines for unsatisfactory execution of its recalls for millions of vehicles, according to a Wall Street Journal Report.
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Subject To Certain Conditions, The FCC Sees the Merger of AT&T and DirecTV in the Public's Interest
After granting its approval, the Federal Communications Commission sees the merger of AT&T and DirecTV, subject to certain conditions, is in the public’s interest, according to the Commission’s press release.
EU Sees no Competition Concern with Nokia's Acquisition of Alcatel-Lucent
In a press release, the European Commission has approved Nokia's acquisition of Alcatel-Lucent, seeing no competition concern.
Amazon Posts Surprise Quarterly Profit, Surpasses Wal-Mart in Market Value
An unexpected profit in the second quarter pushes Amazon's stock upward, overtaking Wal-Mart in market value, Reuters report.
Nikkei Inc. to Acquire Financial Times Group
In a statement from Pearson's website, Japan's Nikkei has agreed to buy the Financial Times Group from Britain's Pearson.
Qualcomm Reduces Costs, May Split Itself Up
In a press release, Qualcomm Incorporated (NASDAQ: QCOM) has announced a Strategic Realignment Plan designed to improve execution, enhance financial performance and drive profitable growth
Home Depot to Expand Pro Division
Home Depot has agreed to buy Interline Brands Inc. to enhance it's Pro division for $1.63 billion in cash, according to Home Depot's news release.
St. Jude Medical Inc Expands Portfolio of Medical Devices that Aids Heart Failure
St. Jude Medical Inc., a maker of medical devices that aid heart failure, has agreed to buy Thoratec Corporation for about $3.4 billion, according to St. Jude's press release.
'GTA 6' PS4 Release Date Expected In 2018! Rockstar To Bring Back Six-Star Wanted Levels In Gameplay
'GTA 6' PS4 Release Date Expected In 2018! Rockstar To Bring Back Six-Star Wanted Levels In Gameplay
'Elder Scrolls 6' Release Date Happening Next Year? Title Will Be 'Redguard' Not 'Argonia'?
'Elder Scrolls 6' Release Date Happening Next Year? Title Will Be 'Redguard' Not 'Argonia'?
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