For almost two months now, a slew of big American as well as foreign companies have been announcing major layoffs, which has been clouding the outlook for the employment in the United States. If you remember, it began in early September when Hewlett-Packard announced that its spinoff could mean up to 30,000 job…
If you haven’t had a chance to check, U.S. stocks traded sharply higher on Thursday. Fast food giant McDonald’s delivered fresh evidence to it’s investors that its long awaited turnaround effort is gaining traction. This is good news after many shaky weeks. Following the report, McDonald’s stock jumped to an all-time…
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Facebook has taken another step toward its goal of making it easier for brands who use their network to reach consumers and drive sales on mobile devices. The number of people accessing the site via mobile devices is continuing to increase. Facebook has already tested a “buy now” button in articles…
Apple Music has convinced nearly 6.5 million users to pay for their Apple Music service, Apple CEO Tim Cook said late Monday. However the numbers, of paying subscribers are just a small slice of the users who originally agreed to try out the service back in June on a trial base….
Ferrari NV priced its initial public offering at the top of expectations this past Tuesday, raising $893 million, as drivers who love the brand snapped up its shares alongside institutional based investors. Ferrari, who is controlled by Fiat Chrysler Automobiles has pulled out all the stops to market the company to the…
As many as 350 people could be laid off from their jobs at ESPN as early as Wednesday, Bloomberg reports. News of possible layoffs at ESPN was first reported by Jason McIntyre of The Big Lead in back in September. At that time, according to McIntyre, Disney had reportedly told ESPN to trim about $100…
Oprah Winfrey buys 10% stake in Weight Watchers International With her investment in Weight Watcher International Oprah Winfrey caused the companies stock prices to double in just one day. Oprah Winfrey has announced she will buy a 10 percent stake in Weight Watchers International Inc. By adding her celebrity and consumer…
Did you know that 256 affected apps were made in China that were gathering data from your phone? These apps were available worldwide on the app store and were downloaded over 1 million times, according to app analytics service SourceDNA, which first discovered the problem. And now Apple bans data gathering apps….
It’s been released that Samsung will launch a “pink gold” version of its Note 5 “phablet” in South Korea, in a an effort to tempt customers to buy its new device over Apple’s own rose gold iPhone 6 which has been getting tons of buzz. The new color will launch on…