January 9, 2014 8:39 am
As reported by the Financial Time, Novartis AG is about to face a criminal investigation of its marketing practices in Japan. The health ministry of the country filed a complaint against the company for possibly breaching some advertising rules while promoting its popular Diovan blood pressure medicine. A formal criminal complaint was filed with the […]
Read moreJanuary 9, 2014 7:42 am
US stocks fell, after yesterday’s rebound in benchmark indexes, as Federal Reserve minutes and better-than-estimated payrolls data fueled concern stimulus cuts may be accelerated. The Standard & Poor’s 500 Index lost less than 0.1% to 1,837.49 at 4 p.m. in New York. The equities benchmark rose 0.6% yesterday after a three-day retreat. It climbed 30% […]
Read moreJanuary 8, 2014 1:07 pm
Boeing Co. proved in 2013 that a company could have one of its best years ever no matter what difficulties it faces along the way. Over the last year, Boeing experienced a series of embarrassments, including the temporary grounding of its flagship 787 Dreamliner after two battery incidents, as reported by the Wall Street Journal. […]
Read moreJanuary 8, 2014 10:15 am
Sony Corp. announced its plan to launch a “Cloud” TV service until the end of 2014. The service is expected to help the company deliver live content over the Internet to its TVs and PlayStations, while its new games consoles lead over the competitive Microsofts Xbox One. The President of Sony Computer Entertainment – Andrew […]
Read moreJanuary 8, 2014 7:41 am
US stocks advanced, sending the Standard & Poors 500 to its first gain of the year as positive economic news helped the benchmark index to partially offset recent declines. The Standard & Poor’s 500 Index advanced 0.6% to 1,837.88 at 4 p.m. in New York. The gauge lost 1.2% from Jan. 2 through yesterday, the […]
Read moreJanuary 7, 2014 7:42 am
US stocks dropped for a third day, continuing the slow start of the new year and expanding on declines for the Standard & Poor’s 500 Index, after slower-than-forecast growth in service industries. The S&P 500 slid 0.3% to 1,826.77 at 4 p.m. in New York. The Dow Jones Industrial Average lost 44.89 points, or 0.3%, […]
Read moreJanuary 6, 2014 7:30 am
As the new year came, the plane makers parent company dropped one of the corporate worlds most unrecognized names: European Aeronautic Defence & Space Co. The company has always been appealing to its customers with its alternative – Airbus. The Dutch-registered French-German-British-Spanish multinationals company re-branded itself under the name of Airbus Group NV. “It was […]
Read moreJanuary 5, 2014 11:02 am
AT&T Inc. said it will pay T-Mobile Inc. customers as much as $450 to switch to their services, in an unusual move as the competition for subscribers between the wireless rivals gets fierce. T-Mobile has launched an assault on its larger rival under Chief Executive John Legere, who has taken aim at AT&T in television […]
Read moreJanuary 4, 2014 9:17 am
US stocks fell for a second day, correcting the biggest annual rally for the Standard & Poor’s 500 Index since 1998, as investors focused on comments from Federal Reserve officials on stimulus and the economy’s strength. The S&P 500 dropped less than 1 point to 1,831.37 at 4 p.m. in New York. The Dow Jones […]
Read moreJanuary 3, 2014 7:34 am
US stocks started the year with a decline for the first time since 2008, after a 2013 rally that brought the biggest gains in 18 years for the Dow Jones Industrial Average. The Dow slid 135.31 points, or 0.8%, to 16441.35. Traders and strategists said the sell-off was driven by investors paring positions in US […]
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