wednesday
Wanted: Manufacturing whizzes to work on Tesla’s Model 3
May 8, 2016 by elegant · Leave a Comment
By Alexandria Sage SAN FRANCISCO (Reuters) – Technology entrepreneur Elon Musk gave a public shout-out to the sharpest minds in manufacturing this week, calling on them to come help Tesla Motors Inc build a million all-electric cars a year by 2020. Musk says he is “hell-bent” on making the Silicon Valley automotive upstart a manufacturing powerhouse, but his vision relies on finding veteran auto engineers to ramp up volume ten-fold in four …
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Wanted: Manufacturing whizzes to work on Tesla’s Model 3
wednesday
Pfizer, Allergan scrap $160 billion deal after U.S. tax rule change
April 6, 2016 by admin · Leave a Comment
U.S. drugmaker Pfizer Inc and Ireland-based Allergan Plc walked away from their $160 billion merger on Wednesday, a major win for President Barack Obama, who has been pushing to curb deals in which companies move overseas to cut taxes. Pfizer said the decision was driven by new U.S. Treasury rules aimed at such deals, called inversions. The merger would have allowed New York-based Pfizer
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Pfizer, Allergan scrap $160 billion deal after U.S. tax rule change
wednesday
Pfizer, Allergan scrap $160 billion deal after U.S. tax rule change
April 6, 2016 by creative · Leave a Comment
U.S. drugmaker Pfizer Inc and Ireland-based Allergan Plc walked away from their $160 billion merger on Wednesday, a major win for President Barack Obama, who has been pushing to curb deals in which companies move overseas to cut taxes. Pfizer said the decision was driven by new U.S. Treasury rules aimed at such deals, called inversions. The merger would have allowed New York-based Pfizer to cut its tax bill by an estimated $1 billion annually by domiciling in Ireland, where tax rates are lower.
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Pfizer, Allergan scrap $160 billion deal after U.S. tax rule change
wednesday
Boeing plans to cut up to 8,000 airplane jobs: sources
March 31, 2016 by creative · Leave a Comment
Boeing Co plans to cut up to 8,000 jobs this year at its commercial airplane division, according to two people familiar with the matter, a move that could slash $1 billion in costs and help it battle for sales against European rival Airbus. Boeing on Wednesday acknowledged plans to cut about 4,000 jobs in its commercial airplanes division by…
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Boeing plans to cut up to 8,000 airplane jobs: sources
wednesday
Orange and Bouygues boards to meet Wednesday on telecoms tie-up: sources
March 29, 2016 by creative · Leave a Comment
The Orange and Bouygues boards are scheduled to meet separately on Wednesday to discuss the planned sale of Bouygues's telecom unit, two sources close to the matter said. With one day remaining before the deadline set by both companies for agreement on the 10 billion euro …
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Orange and Bouygues boards to meet Wednesday on telecoms tie-up: sources
wednesday
Google’s cloud business nabs Home Depot as client
March 23, 2016 by elegant · Leave a Comment
By Sarah McBride SAN FRANCISCO (Reuters) – Google Inc, long an also-ran in cloud services, has scored an important victory in its effort to win corporate clients: Home Depot is moving some of its data to Google's cloud. The deal, flagged Tuesday by Google executive Greg DeMichillie in a briefing and expected to be…
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Google’s cloud business nabs Home Depot as client
wednesday
Sichuan Hanlong Group insider trader jailed in Australia
March 13, 2016 by publisher · Leave a Comment
SYDNEY (AP) — An Australian court has sentenced a Chinese former executive to more than eight years in prison for insider trading in 2011 when his privately-owned energy conglomerate Sichuan Hanlong
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Sichuan Hanlong Group insider trader jailed in Australia
wednesday
Go-playing software beats human champ for 3rd straight time
March 13, 2016 by creative · Leave a Comment
SEOUL, South Korea (AP) — Google's Go-playing software defeated a human champion for the third straight time Saturday to clinch the best-of-five series and establish its superiority in an ancient Chinese game long thought to be the realm of humans.
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Go-playing software beats human champ for 3rd straight time
wednesday
UK to announce sale of Bradford & Bingley assets next week: Sky News
March 13, 2016 by creative · Leave a Comment
Britain's finance minister George Osborne will announce next week plans to sell 16 billion pounds ($23 billion) worth of bank assets which were rescued from Bradford & Bingley (B&B) during the financial crisis, Sky News said on Saturday. Sky said Osborne will announce the sale during his budget statement on Wednesday but the timing of the sale by auction was unclear with the broadcaster citing sources who said the process may not conclude for many months.
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UK to announce sale of Bradford & Bingley assets next week: Sky News
wednesday
Volkswagen CEO to hold high-level talks in Washington on emissions scandal
January 7, 2016 by creative · Leave a Comment
By David Shepardson WASHINGTON (Reuters) – Volkswagen Chief Executive Matthias Mueller will meet with the top U.S. environmental regulator next week for the highest-level talks since the German automaker admitted to using software to evade emissions requirements for 580,000 U.S. vehicles. Mueller will meet with U.S. Environmental Protection Agency chief Gina McCarthy on Wednesday in Washington, at the request of Volkswagen, agency spokeswoman Laura Allen said. McCarthy told reporters …
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Volkswagen CEO to hold high-level talks in Washington on emissions scandal