Stories about Business

May 15 2018

Gap apologizes to China for 'incorrect map' on a T-shirt

The clothing brand, based in the USA, is the most recent global business to be in trouble with the government of China over that country's territorial issues. While Taiw...

May 11 2018

Walmart Presses Checkout Button For 77% Stake In India's Flipkart

This deal means that the war on pricing and discounting is set to continue. It was valued at close to United States dollars 21 billion as Walmart yesterday bought 7...

May 10 2018

California first in USA to require solar panels on new homes

It is the latest effort by the state to reduce carbon emissions, and if approved, it would be the first such mandate nationwide. The rule takes effect on January 1, 2...

May 08 2018

Man Eats 30000th Big Mac, Setting New World Record

In case you're wondering, Gorske says his cholesterol and blood pressure are normal and he weighs five pounds less than he did when he ate his 25,000th Big Mac in 2011. I...

May 02 2018

Oil Rises as 'Alarm Bells' Sound Over Unraveling Iran Nuke Deal

Futures in NY traded close to little changed Monday, yet remain poised for a 4.9% advance this month. Weekly data on Tuesday that showed a rise in USA crude inventories...

May 01 2018

Suppliers could be squeezed by Asda Sainsbury's merger

The new group, which will have a combined market share of 31.4 percent, will be better placed to see off competition from German discount supermarket chains Aldi and Lidl...

Apr 27 2018

Martin Midstream Partners (MMLP) Announces Earnings Results

About 949,940 shares traded. Since April 25, 2017 RMP has declined 28.62% and is downtrending. RMP underperformed by 40.17% the S&P 500. Tortoise Capital Advisors Llc d...

Apr 27 2018

Shell earnings improve surge thanks to higher oil prices

Finally, Royal Bank of Canada reaffirmed an "outperform" rating and issued a GBX 2,800 ($39.05) price objective on shares of Royal Dutch Shell in a research note on Tuesd...

Apr 27 2018

Windrush Scandal: British Interior Minister Faces Resignation Calls

For almost two weeks, British ministers have been struggling to explain why some descendants of the "Windrush generation", who were invited to Britain to plug labour shor...

Apr 27 2018

New Deutsche Bank Boss To Slash Investment Bank In US

Euro exchange rates and some one-time events helped amplify the trading-revenue declines. The company had revenue of $6.72 billion during the quarter. IPG Investment Advi...

Apr 22 2018

Summary of GKN plc (LON:GKN) Ratings on April 21, 2018

The stock has a consensus rating of Hold and a consensus target price of GBX 395.50 ($5.66). On Friday, March 2 the firm has "Outperform" rating by Credit Suisse given. I...

Apr 22 2018

FAA orders jet engine inspections after fatal Southwest incident

In a February 26 email to Southwest Airlines Chief Operating Officer Mike van de Ven obtained by the Chicago Business Journal , Aircraft Mechanics Fraternal Associatio...

Apr 21 2018

Worldwide chemical weapons inspectors reach Syrian town

The two officials said the administration had no plans to announce Syria-related sanctions on Russia this week, although they noted that two entities were hit with such...

Apr 20 2018

Amazon Prime Subscriber Number With 100 Million Is Not Far Behind Netflix's

The company had held these numbers closely for a long time which forced the analysts to estimate a figure based on the surveys and sales. Amazon likes to boast about ...

Apr 17 2018

United States bans sales to Chinese phone-maker ZTE

In response to this, also via Reuters , the U.S. Department of Commerce is banning American companies from selling any products (hardware or software) to ZTE for the n...

Apr 14 2018

Fed officials see strengthening USA economy, inflation

At the session's conclusion, officials announced they would raise interest rates for the sixth time since the end of the last recession, in the range of 1.5 to 1.75 perce...

Apr 10 2018

Uber has acquired dockless bike-share company Jump

JUMP has a presence in other areas of the world as well, with a fleet totaling 12,000 dockless bikes in 40 cities across 6 countries. Most bike share programs in the Uni...

Apr 10 2018

Asia Ali market mulls impact of US' sanctions on Rusal; responses mixed

En+, Oleg Deripaska's energy business which listed in London in November, plunged 42 per cent, compounding losses suffered on Friday. "This is an outrageous business ...

Apr 09 2018

Trump's Bashing Sparks New Amazon Delivery Service

The relative volume of the stock is 1.67. Increasing the rates Amazon pays to the Postal Service wouldn't cripple the company, said RJ Hottovy, an analyst at Mornin...

Apr 08 2018

Huge gender pay gap at HSBC

The office has now published these figures. Specifically, in 2017 the average pay of women working at Rockstar North was 64 percent lower than the average pay of men ...