Firm Management

SunPower Announces Mass Layoff as it Ceases Residential Installations

SunPower announced a mass layoff that would affect thousands of employees as it ceases residential installations.


JD Sports to Acquire US Retailer Hibbett for $1.08 Billion Amid Expansion

JD Sports, the UK's largest sportswear retailer, plans to buy Hibbett shares at $87.50 each in cash...

JetBlue Ex-CEO Robin Hayes Appointed to Head Airbus’s North American Division

Robin Hayes, former CEO of JetBlue, will now serve as the head of Airbus' North American operations...

Elon Musk Delays India Visit Due to Tesla Commitments; Still Aims to Visit This Year

The planned visit, initially set for the upcoming week, was eagerly awaited and anticipated to involve vital talks concerning Tesla's entry into the Indian market...


Latest News

The NY Fed Unveils Its Own Economy Forecasting Tool Using Near Real-Time Data
The New York Fed announced its new GDP tracking and forecasting tool, the FRBNY Nowcast. The tool will use near real-time data to update U.S. economic growth daily, as the Fed will release a report we
EU Privacy Authorities Assessing The Privacy Shield Likely to Ask For Another Review to be Conducted in 2018
European privacy watchdogs is now assessing the Privacy Shield framework that would regulate the EU-U.S. relations in privacy protection. It’s likely that the EU watchdogs will ask for another review
Documents Analytics Startup DocSend Secured $8 Million in Series A to Enhance Documents Sharing
DocSend received a new investment round totaling in $8 million to enhance its service on documents sharing and documents analytics. The startup has been focusing in documents as the core of most busin
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 reviewi
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
Accel Announced New $500 Million Fund Targeting European and Israeli Startups
Palo Alto-based venture firm Accel has raised a new fund. The fund is targeting the next generation of entrepreneurs in Europe and Israel.
U.S. CEO Pay Fell Sharply in 2015, The Biggest Drop Since Financial Crisis
CEOs salaries nationwide in U.S. has shown a declining trend in 2015, the biggest drop since the financial crisis. Some factors including the decrease in pension gains contributed to the decreasing in
Turkmenistan-Afghanistan-Pakistan-India (TAPI) Pipeline Project Secured $200 Milion Investment from Shareholders
Turkmenistan-South Asia natural gas pipeline project has secured $200 million of investment from its shareholders. The project, developed by the Asian Development Bank, will now begin important studie
Alibaba’s Alipay Will Launch European Expansion This Summer
Alipay is working on a plan to launch services in Europe this summer. The service will make it easier Chinese tourists to make transactions with European merchants using the app.
Fiat Chrysler to Lay Off 1,300 Workers in Michigan, Investing More on Light Truck Productions
Fiat Chrysler is announcing a 1,300 job cuts as a result of the company’s decision to focus on producing light trucks and SUVs. American automakers are reportedly struggling to make money on other car
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