Curacity Picks Up USD1.4 Million in Seed Round for Travel Booking Portal
Oct 28, 2015 02:53 am UTC| Business
A new startup is aiming to provide a booking portal for travel sites that want to skip costs on building their own. Curacity, which is founded by EveryDay Health cofounder Michael Keriakos, has raised USD1.4 Million in its...
KFC, Pizza Hut Owner Yum Foods To Spin China Business Unit
Oct 28, 2015 02:53 am UTC| Business
On Tuesday, Yum Foods announced that it would be spinning off its China food business as a separate franchise by the end of next year. Nations Restaurant News said the spin-off would entail separating the operations of the...
United Technologies Announces USD12 Billion Buyback Plan
Oct 28, 2015 02:53 am UTC| Business
On Tuesday, United Technologies Corp (UTC) Chief Executive announced the companys USD16 billion share buyback plan, Bloomberg reported. The buyback plan seems to have replaced the companys initial plans to make large...
TeamHealth Rejects USD5.3 Billion AmSurg Merger Proposal
Oct 28, 2015 02:52 am UTC| Business
TeamHealth has shut down a private merger offer from AmSurg Corp. TeamHealth is a hospital staffing company while AmSurg aids in running clinics and surgery centers, Bloomberg said. This was announced shortly after the...
Wal-mart Seeks FAA Approval To Test Drones For Home Delivery
Oct 27, 2015 08:25 am UTC| Business
More and more companies seem to be embracing the drone technology. Amazon, the retail giant, is developing drones for making package deliveries. Google is also making decent progress in its Project Wing, the home delivery...
General Motors, UAW Reach Temporary Labor Agreement
Oct 26, 2015 16:16 pm UTC| Business
Automative industry leader General Motors managed to avert a labor strike from the labor union when it reached a tentative agreement with the negotiators of the United Auto Workers. The UAW confirmed the news late last...
NYSE Owner ICE Acquires IDC In USD5.2 Billion Deal
Oct 26, 2015 15:47 pm UTC| Business
Today, IntercontinentalExchange Group announced that it has entered into a definitive agreement to acquire financial data company Interactive Data Corporation from private equity owners Silver Lake, the global leader in...