Ford Motor Company (NYSE:F) has also made always made it clear that it intends to place its bet on two major avenues: heavy investment in forward-looking mobility solutions like smart cities and connected cars and profitable line of trucks and SUVs. However, the company had not made this official until...
Home Depot Inc (NYSE:HD) has made a statement outlining that it will be doing all within its means to strengthen its tech background. To achieve its set objective, it has said that it will be focusing on adding more than 1,000 employees to the technology team in the course...
Royal Dutch Shell plc (ADR) ADR Class B (NYSE:RDS.B) has successfully grabbed over 8 million barrels of oncoming crude oil from both Middle East and Russia regions. With the increasing demand for oil in Asia, the company has taken the advantage of the robust business opportunity to resell the...
BB&T Corporation (NYSE:BBT) has announced that BB&T Insurance Holdings has agreed to acquire Regions Insurance Group (Regions Insurance) which is owned by Regions Financial Corp (NYSE:RF). Regions Insurance is one of the major insurance brokers and has client based of 60,000 in Indiana, Texas and Southeast. The company offers employee,...
The state of Kentucky accused Johnson & Johnson (NYSE:JNJ) and its subsidiaries Janssen Pharmaceuticals and Ortho-McNeil-Janssen Pharmaceuticals for designing a deceptive marketing scheme that targeted the adult patients for deriving profits through marijuana-based painkillers. As per the accusation, the pharmaceutical manufacturer represented the risk of opium abuse and addiction...
Wells Fargo & Co (NYSE:WFC) is expected to be slapped with a penalty amounting to $1 billion by federal regulators over abuses that include bogus mortgage fees and charging unwitting motor insurance customers. Per the New York Times the penalty will be announced by Office of the Comptroller of...
Discussions between the government of Iraq and oil giant Exxon Mobil Corporation (NYSE:XOM) on an infrastructure project worth billions of dollars have hit a deadlock. This was disclosed by sources in the oil sector and Iraqi officials. According to the sources the negotiations geared towards granting Exxon Mobil the...
Toyota Motor Corp (NYSE:TM) and Equilon Enterprises LLC have bagged the $8 million contract from California Energy Commission (CEC) to establish a hydrogen refueling facility for the trucks at the Port of Long Beach. Equilon Enterprises LLC is conducting the business under the name of Shell Oil Products US. The...
Plans to loosen the dress code of Wal-Mart Stores Inc (NYSE:WMT)’s employees in the United States numbering approximately 1.4 million are being considered in order to assist in attracting and retaining staff in a tightening labor market. Currently the big box retailer is undertaking a pilot at around 100...
Atlas Cloud Enterprises Inc. (CSE: AKE) (XFRA: A49) (OTC: ATLEF) added to its management recently with the appointment of Charlie Kiser to the CEO slot, replacing founder Fred Stearman who was appointed COO. The shift in Officers that placed Kiser in the top role was due to his background as...