-
SoftBank Acquires 80% Ownership Of WeWork In Rescue Deal
Wednesday, October 23, 2019 - 1:38am | 366Read More...Tokyo-based investment giant SoftBank (OTC: SFTBY) received approval from the board of co-working startup WeWork to take for a multibillion-dollar takeover deal, The Wall Street Journal reported Tuesday. WeWork would be valued at about $8 billion with the deal. What Happened The terms of the deal...
-
British Travel Agency Thomas Cook Folds: What You Need To Know
Monday, September 23, 2019 - 11:19am | 374Read More...British tour operator Thomas Cook said Monday it has "no choice but to take steps to enter into compulsory liquidation with immediate effect." What Happened Thomas Cook, with a history that traces back nearly two centuries, is known for packaging hotel and other travel...
-
Brexit Update: Johnson's Brother Quits, Pence Supports PM
Thursday, September 5, 2019 - 2:29pm | 589Read More...Boris Johnson's proposal to hold a snap election Oct. 15 has been rejected by MPs in a major setback for the UK prime minister. His opposition, Labour leader Jeremy Corbyn, has said his party will agree to a snap election if a bill preventing a no-deal Brexit is passed. MPs will now...
-
Apple Contractors Fired Following Eavesdropping Controversy
Wednesday, August 28, 2019 - 3:14pm | 104Read More...Apple Inc. (NASDAQ: AAPL) has let hundreds of European contractors go who listened to Siri recordings to check for errors, according to The Guardian. The company laid off 300 contractors in Cork, Ireland alone, according to the report. Apple shares were trading at $204.67 at...
-
UK's Woodford Equity Income Fund Suspended
Tuesday, August 20, 2019 - 3:22pm | 632Read More...On June 3, U.K.’s most high-profile fund managers, Neil Woodford’s £3.75-billion ($4.55 billion) LF Woodford Equity Income Fund, was suspended as the fund manager struggled to free up cash to pay investors looking to get their money out. What Woodford...
-
Reports: Iran Seizes British-Flagged Ship in Straits Of Hormuz
Friday, July 19, 2019 - 2:59pm | 410Read More...Iranian media said Friday that the country's Revolutionary Guard seized a British-flagged oil tanker. The ship's owners said it was unreachable and appeared headed toward Iran, sending crude oil prices higher. Owners of the Stena Impero said the ship unexpectedly changed course and...
-
Asos Shares Destroyed By 'Unprecedented' Level Of Discounting
Thursday, December 20, 2018 - 12:51pm | 660Read More...British fashion retailer Asos PLC/ADR (OTC: ASOMY) shares are down 44 percent since Friday after the company released a profit warning. Asos CEO Nick Beighton said the drop is due to an staggering amount of discounting items, according to The Guardian. “In fashion we are seeing an...
-
The Alzheimer's Drug Pipeline: High Failure Rates In Research On An Increasingly Common Disease
Thursday, February 8, 2018 - 10:41am | 2179Read More..."Age is just a number, not a state of mind or a reason for any type of particular behavior." -Cecelia Ahern Alzheimer's disease is the sixth leading cause of death in the U.S., although recent estimates indicate it may now be the third most common cause of death, behind heart disease...
-
Brexit Derailed, British Pound Gains 1%
Thursday, November 3, 2016 - 8:13am | 415Read More...The British pound gained more than 1 percent in value against the U.S. dollar on Thursday after a ruling will force the U.K. parliament to hold a vote before the official process of Brexit can commence. The outcome of the Brexit vote in late June was clear: The people voted to leave the European...
-
Why The Irish Government Is Fighting So Hard To Not Collect $14.5 Billion In Taxes From Apple
Thursday, September 8, 2016 - 12:44pm | 378Read More...The Irish government voted on Wednesday to appeal the $14.5 billion tax bill the European Union says Apple Inc. (NASDAQ: AAPL) owes the state of Ireland. The EU ruled in late August that Ireland provided Apple with tax benefits, which goes against its rules that govern all nations. Ireland...
-
Pound Hits 31-Year Low As BoE Gov. Mark Carney Weighs In On Brexit
Tuesday, July 5, 2016 - 8:13am | 346Read More...The British pound traded at a new post-Brexit low on Tuesday after the country's central bank stepped in to help support the now fragile economy and uncertain outlook. The Bank of England said on Tuesday it will lower the amount of capital that the country's banks are required to hold in reserve....
-
George Soros On Brexit: The Only Winners Will Be Speculators
Tuesday, June 21, 2016 - 8:49am | 304Read More...George Soros, the multi-billionaire investor, has a dire warning for the pro-Brexit folks: you will be poorer, and he will likely be richer if Britain separates from the European Union. Soros wrote an article on The Guardian that British voters are "grossly underestimating" the costs of leaving the...
-
Amid Wage Disparities And Political Concerns Over Jobs, Top CEOs Bring In Beaucoup Incomes
Thursday, May 19, 2016 - 11:34am | 502Read More...The United States' top 500 chief executive officers took home an average of $12.4 million last year, and their earnings were approximately 340 times higher than the average worker's wages last year, according to a new report from AFL-CIO. 335:1 According to the report, production and nonsupervisory...
-
What's Happening With Apple's 'Error 53'?
Monday, February 8, 2016 - 4:21pm | 391Read More..."Error 53" has plagued countless Apple Inc. (NASDAQ: AAPL) users, as their iPhone 6 handsets have been rendered permanently disabled following software upgrades, according to the Guardian. According to the Guardian report and countless user accounts, repaired iPhone 6s have been left...
-
Is Apple Culture Bad For Recruiting? New Report Alleges So
Friday, January 29, 2016 - 3:33pm | 390Read More...Apple Inc. (NASDAQ: AAPL) is known for many things— top-of-the-line technology, unprecedented innovation and user engagement, just to name a few. However, the company's reputation may not be uniformly idyllic. Following a "one-sided report" from the Guardian, AppleInsider reported on Thursday...













