Biz/Tech
Hudson's Bay Close To Buying Gilt For About $250 Million, Plans To Pair Fashion Retailer With Its Saks Off 5th Brand
Sanofi And Boehringer Ingelheim In Talks Over Asset Swap, Animal-Health Business To Be Swaped For Consumer Healthcare Business
Newell Rubbermaid To Acquire Jarden Corporation, Would Create $16 Billion Consumer Goods Company With Portfolio Of Leading Brands
Newell Rubbermaid has announced in a press release that it will be acquiring Jarden Corporation in a cash and stock transaction.
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Elon Musk Launches OpenAI To Investigate Artificial Intelligence Without The Need To Turn A Profit
Elon Musk, together with other tech bigwigs, Sam Altman, Peter Thiel, Reid Hoffman, and Jessica Livingston have contributed $1 billion in funding to OpenAI, a research company, according to an introductory blog post.
Sunrun Opens Corporate Office in Denver, Pledges To Hire Up To 800 Workers In The Next Few Years
Sunrun Inc., the largest dedicated residential solar company in the U.S. has announced in a press release that it will be opening a new corporate office in Denver, Colorado.
Ford to Invest $4.5 Billion in Electric Vehicles by 2020
Ford Motor Company has announced in a press release that it will be investing an additional $4.5 billion in electrified vehicles solutions by 2020.
Ford Tests Ride-Hailing Service, Looks To Decongest Traffic And Make Public Transit More Accessible
Ford Motor Company has announced in a press release that it is piloting the Dynamic Shuttle service, an on-demand ride sharing service, for its employees to use around its Dearborn, Michigan campus.
Dow Chemical And DuPont in Advanced Talks to Merge, Combined Worth Estimated At $120 Billion
Dow Chemical Co. and DuPont Co. are already in advanced talks for a merger and deal could be announced in the coming days, people familiar with the matter told the Wall Street Journal.
FLIR To Provide Thermal Imaging Technology To DJI's Drones To Assist Police, Firefighters, Farmers
FLIR Systems, Inc. has announced in a press release that they are collaborating with DJI Innovations, a leader in the drone industry, in which FLIR’s thermal imaging technology will be used DJI’s drones.
Walmart Introduces Walmart Pay: Is This The Beginning Of The End For MCX's CurrentC Payment System?
Wal-Mart Stores, Inc. has introduced Walmart Pay, a fast, easy and secure way for customers to pay with their smartphones in Walmart stores, according to a news release issued this week by the company.
Faraday Future Vows To Invest $1 Billion For New Production Facility in Nevada, Add 4,500 Jobs
Faraday Future, a new electric vehicle and future mobility startup company, has said in a letter published in the company’s website that they have selected North Las Vegas, Nevada for its $1 billion facility.
AccorHotels To Acquire 3 Iconic Hotel Brands, Enhancing Company's Footprint In Luxury Segment
AccorHotels has announced in a press release that it will be acquiring FRHI Holdings Ltd., the parent of Fairmont, Raffles, and Swissotel hotel brands.
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