McDonald’s Beats Analysts’ Estimates In Third Quarter Results
Oct 22, 2015 15:26 pm UTC| Business
McDonalds CEO Steve Easterbrook is surely beloved by the restaurant chains investors now. Reuters reports that the company has posted significant increase in its net income by USD1.3 billion or USD1.40 per share in the...
Tesla Owners Ignore CEO Musk’s Advice On Autopilot
Oct 22, 2015 11:57 am UTC| Technology Business
When Tesla rolled out its new software last week that enables autopilot feature, it urged drivers to exercisecautionwith the self-driving features and clearly described it as beta version. Despite the warnings, excited...
General Motors Announces Alliance With LG, To Challenge Tesla Motors
Oct 21, 2015 19:01 pm UTC| Business
Is there a new player in the electric automobile industry? It appears so, if we based it on General Motors announcement of its strategic alliance with Korean company LG on Tuesday. According to ValueWalk, the veteran...
Oct 21, 2015 18:33 pm UTC| Business
On Wednesday, Hormel Foods Corporation named James P. Snee as the companys newest president and chief operating officer (COO), according to a report from BusinessWire. His appointment will take effect on October 26, 2015....
Ferrari Shares Climb 17 Percent In First Day Trading
Oct 21, 2015 17:45 pm UTC| Business
Fiat Chrysler Automobiles NV must be so proud of itself after seeing shares of its iconic brand, Ferrari NV, soar past expectations in its first day of training today. Bloomberg said that Ferrari climbed as high as 17...
Disney Will Soon Release Own Streaming Service in UK
Oct 21, 2015 17:31 pm UTC| Business
Cant get enough of your Disney favorites? The British people are in for a treat as Disney sets to launch their new subscription streaming service in Europe next month. DisneyLife, the latest product of one of Americas...
Tesla Shares Drop Following Consumer Reports Recommendation
Oct 21, 2015 17:07 pm UTC| Business Technology
The Street said shares of the beloved automobile Tesla Motors dropped 1.2 percent on Wednesday morning to USD210.51 on Wednesday. The price drop was noted following Consumer Reports move to remove its recommendation for...