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

Goldman Sachs to Pay $5 Billion Settlement Over Troubled Mortgage-Backed Securities

The lender must pay settlement for its misconduct in selling securities backed by troubled mortgage in 2008. The agreement reached Monday.

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National Cable and Telecommunications Association Cable Show

California Judge Agreed Charter's Acquisition of Time Warner Cable With Conditions

The decision was announced on Tuesday. California administrative law judge recommended to approve acquisition of Time Warner Cable by Charter Communications with significant conditions.

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Taxi Drivers Protest Possible Uber Expansion In NYC

Uber Received Hundreds of Data Request on Its Riders and Users From US Law Enforcements and Regulators

Uber revealed that it has received too much data request from US law enforcement agencies and regulators. The company has provided information on its riders and drivers for most requests after reviewing its legal framework.

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FILE PHOTO Federal Judge Throws Out Five Lawsuits Against Microsoft

Microsoft Became The First Major U.S. Tech Company to Endorse Privacy Protection Pact With the EU

Microsoft has became the first major U.S. tech company to endorse the Privacy Shield agreement between EU and the U.S. The company agreed to discuss the framework of data protection further with the EU officials soon.

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Deliveroo

Food Delivery Service Deliveroo Launches in Brisbane as Its Third Australian City After Success in Melbourne and Sydney

Global food delivery service Deliveroo is expanding further in Australia and will soon launch in Brisbane as its third city the country. The expansion came after experiencing a sustained growth in its first two cities since it launched in Australia on November last year.

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GM CEO Mary Barra Holds Press Conference On Ignition Switch Recall

General Motors Wins Fourth Bellwether Lawsuit, Two More Awaits For Disposal

GM has been sued with more than 400 lawsuits over defective ignition switches, of which six have been chosen as bellwether cases. Just after settling the Yingling case last week, the automobile maker has own verdict of another suit in its Favor on Friday. The remaining two damage claims for casualties are expected to get ended by this year.

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The Dinner For Equality Co-Hosted By Patricia Arquette And Marc Benioff

Salesforce chief freezes pay following investors’ complaints

The 2016 base pay for Marc Benioff, chief executive officer of Salesforce, will be similar to that of 2015, following investors' complaints regarding his huge pay package in 2015.

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Honda Press Conference

Honda's sales rise in Indian markets, but Hero still ranks No 1

Honda, the Japan-based automaker, widened its sales portfolio to a robust 4,500 touch points from nearly 800 outlets. Honda's market share increased to 26% from 15% at the end of March 2011.

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FIA World Endurance Championship 6 Hours of Silverstone - Previews

Audi Custom-Made a 20-feet Limousine for an Unknown European Buyer

Audi has made a special extended version based on its A8 L model. The 20-foot long, six seat luxury limousine is made according to a special request from an unknown European buyer.

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Riyadh City Skyline, Construction And King Abdullah Financial District

Fitch Degraded Saudi Arabia From AA to AA-

Saudi Arabia just got a negative rating from Fitch, from AA to AA-. The downgrade is due to the oil-rich kingdom's decision to slash its average oil price assumptions from $35 to $45 a barrel for 2016 and 2017.

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Aerial Views Of Tata Steel Plant In Port Talbot

Greybull Capital Acquires Tata Steel, Revives British Steel, Saves Jobs

The acquisition of Greybull Capital of Tata Steel's UK long product business will save thousands of jobs and was accepted by the steelworkers after two years of uncertainty.

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Key Speakers At The World Economic Forum (WEF) 2016

Dell plans IPO to enhance its bought out SecureWorks' valuation

Dell is mulling over an initial public offer (IPO) for its recently acquired SecureWorks. Dell is also planning to spin off SecureWorks after the IPO which is expected to enhance the valuation of SecureWorks from $154.9 million $1.4 billion.

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Boeing's New No-Drama 737 Jetliner Is Ready For Its Public Debut

Boeing, Iran In Talks For Possible Aircraft Sales and Services

Now that the nuclear sanctions are lifted, Iran is now free to make deals with foreign companies. It is already in talks with Boeing for possible aircraft purchase and services particularly 737 single-aisle jets and 777 long-range planes.

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Profile Of Managing Director & CEO of Godrej Properties Limited Pirojsha Godrej

Sluggish Indian realty spells boom for Godrej Properties

Sluggish sales and the new regulatory bill in India's real estate sector have turned to be favorable for Godrej Properties which is now making heavy investments to cash in on available opportunities in an otherwise sluggish real estate market.

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Puerto Rico Loses Bid For Restructuring Law as Crisis Mounts

Puerto Rico Central Bank Governor Restricts Withdrawal To Avert Default in $423M Debt Repayment

Alejandro Garcia Padilla, governor of the Puerto Rica’s central bank, Government Central Bank, has announced an executive order on Saturday. The order restricts withdrawal of funds except for the emergency services in a bid to avoid default in $423 debt repayment scheduled on May 1. Analysts have already warned that failure in debt repayment will definitely attract a default status for GDB.

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