Visa Buys Europe Unit Back For USD233 Billion
Nov 02, 2015 16:28 pm UTC| Business
On Monday, worlds biggest payments network Visa announced that it had reached an agreement to purchase Visa Europe Ltd, its former unit, for 21.2 billion euros or USD23.3 billion. The New York Times said the buyback...
Apple iPad Mini 2 16GB WiFi Available For $199 At Walmart
Nov 02, 2015 12:08 pm UTC| Business
Walmart has given a major reason to gadget lovers to rejoice. Starting November 01, the retail giant is offering Apples 16 GB Wi-Fi only iPad Mini 2 at $199, significantly lower than $269. The offer has been introduced...
Delivery Drivers Sue Amazon Over Pay
Oct 29, 2015 10:40 am UTC| Business
Four former delivery drivers forAmazon Prime Now, Amazons service to provide same day, timed deliveries (one-to two-hour delivery), havesuedtheir former employer claiming that the company classified them as independent...
Volkswagen Apologizes, Promises to Win Back Customer Trust
Oct 29, 2015 05:33 am UTC| Business
Volkswagen emission scandal is perhaps one of the biggest scams in recent years. Needless to say, the German auto giant not only broke the trust of its customers, but the negative publicity has also badly hurt its...
Try Starbucks Frappuccino Frappula This Halloween
Oct 29, 2015 05:32 am UTC| Business
Starbucks Corp is going global with its vampire-inspired Frappuccino blended beverage this Halloween, the company said in an online post. It launched its first Halloween Frappuccino in the U.S. and Canada with the green...
Carl Icahn Recommends AIG Spin Off In Letter
Oct 28, 2015 22:48 pm UTC| Business
Billionaire activist investor Carl Icahn recently expressed his thoughts about the scalability of insurance giant American International Group (AIG). In a letter addressed to AIG Chief Executive Peter Hancock, Icahn said...
New State Legislation, Agency To Regulate Fantasy Sports Industry
Oct 28, 2015 15:08 pm UTC| Business
Illinois state Rep. Mike Zalewski announced today that a new legislation has been introduced to regulate fantasy sports sites. TechCrunch said that the legislation intends to regulate popular fantasy sports sites like...