Analysts in the car industry said they are expecting high car sales for July. As the car industry awaits the sales reports of automakers, analysts said they are expecting a 14% to 16% rise in automobile sales for July.
Investors
Chicago's Lollapalooza expects to draw large crowds again
The annual Lollapalooza held in Chicago's Grant Park is one of the most anticipated music festivals in the country.
Obama’s proposal aims to satisfy Republicans and Democrats
US President Barack Obama proposed a plan that would satisfy both Democrats and Republicans alike. On Tuesday, US President Barack Obama proposed a plan called the "grand bargain for middle-class jobs".
IBM reveals US regulators investigating their cloud computing revenues
IBM Corp disclosed that the SEC is probing how the revenues of their cloud computing business is generated.
US federal court sides with ex-NCAA athletes against Electronic Arts
Former NCAA athletes scored a win against Electronic Arts as a federal appeals court rule rejected the company's attempt to quash their case for unauthorized use of images in the latter's video games.
Latest News
King Abdullah bin Abdul Aziz of Saudi Arabia launched mega investments to create jobs. King Abdullah bin Abdul Aziz of Saudi Arabia launched different development projects amounting to SR327 billion or US$81 billion on Thursday.
Ellis Medicine barely passed the positive net income mark in its midyear performance report due to investment income.
The Federal Reserve gave no indication that it intends to reduce its bond purchases, at least for now.
Chinese organizations accused Apple Inc's supplier Foxconn and Taiwanese supplier UniMicron Technology Corp of environmental violations.
Institutional investors, who own most of MCX's shares, panicked after shares of the company slid in the last quarter.
Reuters reported that China's private businesses could experience succession problem in the next few years.
IP Global and the DeVere Group announced the formation of a landmark global partnership. IP Global and the DeVere Group announced the formation of a landmark global partnership.
Chinese regulators urged local importers of Fonterra's products to recall their contaminated items after the dairy maker warned some infant milk and food products contained botulism-causing bacteria.
The New York Times Co announced that it has agreed to sell the Boston Globe newspaper to John Henry.
