Tesla Motors recently released the Model X SUV a much-awaited vehicle and soon will open its Nevada battery factory. To keep up with operations Tesla said it would be hiring thousands of new employees in the upcoming years said a report from a national publication. During the upcoming four years, Tesla will add approximately 4,500 […]
If users thought the iPhone 6S Plus from Apple or the Galaxy S6 Edge+ from Samsung were big, Samsung has officially debuted its Galaxy A9 across China and the smartphone has a screen of six inches. All the size of the new A9 is not only for screen space. Samsung has stuffed inside a 4,000 […]
Search engine behemoth Google is building another mobile-messaging service that will tap into its know-how in artificial intelligence and its chatbot technology in an attempt to catch up to rivals, including Facebook in the rapidly growing arena, said people who are close to the situation. Messaging services are amongst the most popular mobile apps in […]
Demand from brewers of craft beer led to an increase of 11% in hop production in the U.S. during 2015 in comparison to last year. The Department of Agriculture in the U.S. says that the production of hop totaled over 78.8 million pounds. The state of Washington produced more than 59.4 million pounds of hops, […]
Best Buy once again is doubling down with fast delivery in what is now the final home stretch before Christmas Day one week from today. The electronics retailer will tried to rein in the last minute shoppers for the holidays by offering the two-day shipping for free for their online orders that are placed by […]
Canada-based Valeant Pharmaceuticals International announced on Wednesday that it has slashed its current quarter as well as full year outlook and issued an earnings guidance that was downbeat for all of 2016. The drug maker is dealing with fallout from a relationship it had with a controversial pharmacy that specialized in mail order. Valeant shares […]
Newell Rubbermaid the maker of consumer products said on Monday it was acquiring Jarden Corp a rival for $13.2 billion in a deal involving cash and stock. This will merge brands like Yankee Candle, Graco strollers and Sharpie markers. For each share of Jarden, Newell Rubbermaid, based in Atlanta, will pay cash of $21 and […]
On Wednesday, Lululemon Athletica posted a decline of 12% in its profit for the third quarter, lowered its forecast for earnings for its full year and gave guidance that was downbeat for the ongoing current. Though its results for the most recent quarter had met and or beat expectations, its new outlook pushed shares lower […]
A strong dollar has caused a big hangover for Brown-Forman the spirits maker which reported net income during the second quarter that was lower despite its strong sales for Jack Daniels it flagship Tennessee Whiskey. Sales overseas are important contributors to the overall earnings of Brown-Foreman and the headaches from currency exchange have caused the […]
In November, companies across the U.S. added more new employees than was forecast, another sign of the labor market continuing to strengthen, says a private report that payrolls are used to base it upon. The increase of 217,000 new jobs was the largest in the past five months. It follows a rise of 196,000 for […]
All eyes will be on OPEC as it holds its meeting on Friday. Despite close to a 30% drop in the prices of oil since its June meeting, there is no expectation that the Organization of Petroleum Exporting Countries’ largest exporter, Saudi Arabia, will back down from the strategy it holds of fighting for its […]
Sales of new single-family homes in the U.S. surged during October and the overall inventory of the properties available for sale was at its highest since the early part of 2010. That could allay the concerns of a big slowdown in the housing market. The U.S. Commerce Department said Wednesday sales had increased by 10.7% […]