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U.S. Stocks Fall From Record as Microsoft, Google Miss on Profit

Goldman Sachs-backed CompareAsiaGroup gets new CEO Sam Allen

Goldman Sachs-backed consumer finance startup CompareAsiaGroup got its new CEO Sam Allen. In 2015, CompareAsiaGroup closed a Series A round of funding led by Goldman Sachs and is planning to go for a Series B round funding soon.

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Aerial Views Of Newcastle Coal Industry And Glencore Plc Coal Operations

Canadian Pension Fund to Acquire 40% Stake in Agriculture Unit of Glencore For $2.5 Billion

Glencore is possibly nearer to a deal with Canda’s largest pension fund to sell 40% stake in its agriculture business. CPPIB has agreed to pay $2.5 billion against a total valuation of $6 billion. However, there is no guarantee that the deal will surely take place.

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 Inside The 2016 Consumer Electronics Show

Nvidia Unveils First Supercomputer DGX-1 Using A Mixed Blend of AI and Deep Learning Technology

Nvidia has unveiled its first supercomputer, DGX-1, which uses both alternative intelligence and deep learning technology. The supercomputer, costing around $129,000, by no mean suggests that newer technologies will become cheaper. However, the new GPU has been welcomed by the researchers and potential users considering its widespread prospect.

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Operations Inside The Starbucks Corp. Reserve Roastery And Tasting Room

Starbucks Biggest Coffee Shop Soon to Rise in Manhattan

Starbucks is about to open its biggest coffee restaurant in 2018 and will be known as Starbucks Reserve Roastery and Tasting Room which will be housed by the 170,000 square foot building developed by Aurora Capital Associates and Vornado Realty Trust. It would be the biggest Starbucks coffee shop in the world where customers also get educated about the process how coffees are roasted and brewed from all over the world.

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Mobile World Congress - Day 1

Ford’s Tricky Move For Another $1.6 Billion Production Plant in Mexico Irks Deceived UAW

Following a deal with UAW, the union members are enjoying jobs in Ford’s Wayne plant sacrificing small-car plant in Mexico. Applying the loophole in negotiation terms, Ford announces another $1.6 billion production plant in Mexico in addition to previously declared $2.5 billion plant. Ford’s tricky stance has irked the UAW and the union members have demonstrated protest against the automaker’s decision.

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Drugs From European Pharmaceuticals Companies As Stocks Outperformed The Stoxx 600 Index By 1.2 percentage Points

US Treasury norms clamp merger plan of Pfizer for Allergan

The $160-billion merger plan of Pfizer Inc and Allergan Plc is heading towards termination owing to new measures announced by the US Treasury Department which has been taking measures to curb malpractices by US companies in tax evasion by merging with foreign firms.

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SunEdison Installs Solar Panels On Kohl's Rooftops

Dozens of Lawsuit Against SunEdison Indicates Creditors’ Tilting Confidence

SunEdison has been passing through acute cash crunch while embattling with lawsuits. Though the lawsuits have been filed recently and remain pending for adjudication, the variety of claimants has attracted analysts’ attention. However, the event has been analyzed as instance of tilting confidence among the creditors as well as investors.

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PANAMA-ASSETS-REVELATIONS

‘Panama Papers’ Under Lens of The US Justice Department

The US Justice Department considers any credible allegation for violation of Federal Laws under its geographical territory very seriously. The department has been conducting its war against corruption through seizing assets related to illicit activities. Following leak of ‘Panama Papers’, it has been reviewing documents related to tax dodging through offshore accounts.

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PANAMA-PAPERS-MOSSACK-FONSECA

Prosecutors Around The Globe Initiate Probe Over Tax Dodging Leaked Through Panama Papers

Following the leak of documents related to tax dodging by a Panamanian Firm, governments around the globe has initiated probe in this regard. Tax payers are righteous to know the state actions in unearthing the probable tax abating which has prompted the authorities to investigate. However, the leaked documents have provided an opportunity to earn penalty from the probable tax dodgers.

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JAPAN-AVIATION-ANA-ANNIVERSARY

Boeing Deals With Lift For Supply of Seats Off beating Zodiac and B/E Aerospace

Zodian and B/E Aerospace are the two leading global aircraft interior developer, but are in a practice for making delay in delivery. Annoyed Boeing has dealt with a new aircraft interior developer, Lift. Boeing expects that the Lift’s seats will offer its customers stability and reliability desired from the 737.

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Customers Wait In Line To Reserve Tesla Motors Inc. Model 3 Ahead Of Store Openings

‘Model 3’ Unveiling By Tesla Causes Soaring Its Stock By 60%

More than 137,000 people have submitted a $1,000 deposit for pre-order of Tesla’s recently unveiled electric car ‘Model 3’. The pre-booking figure suggests Tesla’s ability for achieving its pre-set goal for selling 5,000 cars by 2020. Following the revelation, Tesla stock has been witnessed to increase by 60% during extended hour trading on Wednesday.

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Jet Blue And Alaska Air Reportedly Prepare Takeover Bids For Virgin America

Smaller airlines upbeat on Virgin America acquisition

Virgin America, Billionaire Richard Branson's small carrier, is on the block and this is attracting other smaller airlines to bid for it. Airlines in the US are making more profits owing to cheaper oil prices. Acquisition route is ideal for smaller airlines to expand further.

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Solar Modules

SunEdison to File Chapter 11, Probed By SEC

SunEdison is about to file bankruptcy protection to safeguard itself from creditors while trying to recover from its losses while it continues to operate. At the same time it is being investigated by the Securities and Exchange Commission over possible overstating.

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Commercial Vegetable Production At Monliz-Produtos Alimentares do Mondego e Liz SA Plant

Frozen Broccoli Cuts Recalled Due to Possible Listeria Contamination

Frozen broccoli cuts have been recalled from 11 states that have been distributed with 1,800 cases which could be contaminated with Listeria monocytogenes. The infection affects young and old and can cause slight to severe infections with symptoms like high fever, abdominal pains and diarrhea to name a few aside from miscarriage and stillbirth.

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An employee walks past solar panels plac

SunEdison Planning For Bankruptcy Filing, Negotiating With Creditors For Related Financing

Besides suffering from acute cash crunch SunEdison has been facing scrutiny from regulators over failed Vivint deal and other issues. Huge debt burden has led the renewable energy giant to consider for seeking bankruptcy protection and is holding negotiations for related financing. The news has caused slashing share prices by around 50% during after hours trading on Friday.

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