For years Procter & Gamble has been expanding its business into many directions that include beauty products and pet food. On Friday the company announced that it would trim close to hundred brands from its cache just to pay more attention to its important products like Tide, which gave the company a great thrust for decades.
Still holding the top position in global vehicles sales Toyota remains at No. 1 after the initial six months of the current year. It is followed by Volkswagen, the carmaker which displaced General Motors from its second position as the U. S. auto manufacturer struggles with a recall scandal.
On Thursday Walmart put Greg Foran, 53 from New Zealand in charge of Wal-Mart Stores. Inc.'s biggest division. It is a innovative choice on the company's part as he has never worked in the United States.
American Apparel Inc. after years of business finally realise the importance of getting some female supervision.
The restructuring of the board is part of an agreement with Standard General the New York investment firm, which has of late extended a $25-million financial support to American Apparel.
Huawei Technologies chief financial officer Cathy Meng on Monday reported that the company's sales revenue has increased by 19 % for the first half of 2014 to 135.8 billion yuan. Further, he added that the revenue and profit for the first half of 2014 are in line with company's expectations.
On Thursday FedEx Corp. was charged by the Justice Department for conspiracy of distributing controlled substances and for the part that it played in transporting painkillers as well as other prescription drugs which have been sold unlawfully.
Novartis International AG, a Swiss multinational pharmaceutical company based in Basel, was ranked number one in sales among the world-wide industry in 2013.
On Thursday, Bombay Stock Exchange reported a 2% rise in quarterly sales of the company along with an expected future increase in the revenue of the company with the introduction of their new products.
Ending all speculations by everyone interested in the tobacco industry, on Tuesday Reynolds American has finally agreed to buy Lorillard its lesser rival, for an amount of $27.4 billion. The amount paid by Reynolds will be $68.88 for cash and stock for each Lorillard share and the company will also assume Lorillard's debt.
Switzerland's chocolate manufacturer Lindt & Spruengli (LISP. S) said that it is buying Russell Stover the candy manufacturer from U. S.
The deal will be a billion-dollar transaction which will make it the third-largest maker of chocolate in the U. S after Hershey and Mars.
Just after a few days of closing all of its stores due to a huge loan default, there is another chance of survival coming the way of Crumbs Bake Shop.
In an announcement which indicates that a potentially long list of electrified Audi vehicles is apparently in the offing, Audi has revealed that it has plans underway to launch at least four plug-in hybrid cars.
Barnes & Noble on Wednesday announced its decision to spin off Nook e-reader division, which has been suffering a decline in sales for a long time.
Tech giant Google Inc on Tuesday announced the availability of a slew of new app for its high-tech $1,500 computerized eyewear, called Google Glass.
The Mountain View, California-based company announced that it has created a total of 11 new apps for Google Glass, including Runtastic, Zombies Run, Shazam, 94Fifty Basketball, Duolingo, and Livestream.
In a comprehensive 325-page internal investigative report released on Thursday, Detroit automaker General Motors (GM) has said that the company's global recall crisis was a result of "a pattern of incompetence and neglect." The recall crisis led to at least 13 deaths, and has prompted investigations by Congress, the Department of Justice, and other authorities.
A cease-and-desist letter was sent by Verizon Communications to Netflix on Thursday, calling for the streaming-video firm to stop displaying misleading messages to its users, blaming Verizon for slow loading of videos.
According to a new 9to5Mac report, Apple has unveiled a new feature for devices manufacturers to enable them to build headphones which connect to the Lightning port of an iOS device instead of its 3.5mm headphone jack. The Lightning port was first introduced by Apple in the iPhone 5 model.
With Pakistani officials having requested Twitter to withhold access to "blasphemous" and "unethical" content, dozens of tweets and accounts for users in Pakistan have been blocked by the microblogging site.
Barclays Capital said in a research note sent to investors on Thursday that vehicle-recall announcements by General Motors (GM) are likely to continue into mid-summer as the automaker is still evaluating data on vehicles.
With a US Securities and Exchange Commission (SEC) filing having revealed on Wednesday that Google is planning to serve ads on a wide array of connected devices, Nest Labs - which was acquired by Google this year in a $3.2 million deal - said that the company's Nest Learning Thermostats will not be an outlet for such promotions.
On Tuesday, IBM announced that it will port additional software onto its SoftLayer-powered cloud by offering three analytic apps - IBM Concert, IBM Project Catalyst, and OpenPages.
- Samsung signs deal with Amazon.in to sell Galaxy K Zoom handset in India
- GE unveils smart LED light bulb – ‘Link’
- Report: iPhone 6 likely to be launched one month earlier than expected
- Huawei officially unveils its new high-end Ascend P7 smartphone
- Samsung launches its ‘Galaxy K zoom’ camera specialized-smartphone