Market News
General Motors takes hard decisions on restructuring and job cuts
General Motors Company (GM) is planning a major overhaul of its operations and this involves closing several facilities and cutting…
Paychex boosts HR outsourcing profile through Oasis buyout
Paychex (PAYX) is better equipped than most other Wall Street firms when it comes to initiating expansion programs, thanks to…
Logitech drops plans to acquire Plantronics
Logitech International SA (LOGI) dropped its plans to acquire Plantronics Inc. (PLT) over price issues, according to a report by…
Diana Shipping stock rises on upbeat Q3 earnings
Greek bulk carrier Diana Shipping Inc. (DSX) turned last year’s deficit into a profit in the third quarter as higher…
Companies reporting earnings this week: Nov 26 – 30
A slew of major companies are reporting earnings this week. Cloud computing company Salesforce.com (CRM) will announce third-quarter earnings on…
Thanksgiving turned out quite busy at Tesla
It appears that quite a lot happened at Tesla (TSLA) during the holiday week. The company decided to slash the…
Mastercard, Visa slip after decision to cut controversial fees in EU
Every year, retail merchants witness a sharp increase in the number of electronic transactions during holiday shopping, a trend that…
Massive recall hits over 62,000 Mazda cars in Russia
Mazda has initiated the recall of 62,357 cars sold between May 2006 and November 2014 due to a possible airbag…
Tencent Music might finally launch its IPO on December 12
Concerns over the trade spat between Washington and Beijing, as well as the recent sell-off in the technology industry, kept…
Early data shows the UK spent less on Black Friday
According to Barclaycard — processor of almost half the card transactions in the United Kingdom — the amount spent on…