In American millions of old-age population rely on Social Security in order to pay bills in their retirement age. Almost 44% of unmarried seniors and
Category: Business
ABB shares increases rapidly as new CEO increases turnaround hopes
ABB shares increased almost by 4% in early Monday trading. Investors welcomed news that ABB appointed CEO of Swedish mining equipment firm — Sandvik, Mr.
Saudi Aramco Reported Profit Worth $47 billion in First-Half of 2019
Aug 15, 2019 (WiredRelease): Saudi Aramco, the Saudi Arabian Oil Company, has reported proceeds worth $46.6 billion in the first half of 2019. Lower oil
AMS AG offers 4.1 US$ Bn to Acquire OSRAM Licht AG, Trumping Bain Capital, LP and The Carlyle Group
The Austria-based AMS AG, formerly known as austriamicrosystems AG is engaged in designing and manufacturing of advanced sensor solutions. The company offered 3.7 € Bn
Burger King staff has been fired as they draw a cartoon pig on a police lunch order
Burger King is a global hamburger fast-food chain in the US. It is headquartered in Miami, Florida – Dade County Unincorporated District. Last week, a
Adidas assured recovery after slow growth in the last quarter
Adidas is a German company that specializes in sportswear. Currently, the supply of the Adidas’ products is not able to fulfill the demand. Authorities of
Uber and Lyft Earnings: What to Expect
Uber Technologies Inc. and Lyft Inc. reported their quarterly earnings this week. It is observed as Lyft had won over investors thanks to better-than-expected incomes
iPic Entertainment Files Chapter 11 Bankruptcy amid Crisis
iPic Entertainment, a luxury theatre chain which provides out of the world theatre experience filed for chapter 11 bankruptcy for restructuring purposes. Mr. Hamid Hashemi
Berkshire, Facebook, JP Morgan, Tyson Foods, and Others: Making Major Moves Premarket
Berkshire Hathaway, Inc. – The company reported 2.5 US$ per share quarterly profit, which is below market expectations of 8 cents per share. Warren Edward Buffett,
Airbus SE Starting Production of Airbus A220 in Alabama
Europe-based Airbus SE is an aerospace giant is pushing its presence in the US. The production of A220 airplane started in Alabama. The US first new