Suzuki ‘Divorces’ Volkswagen Partnership; Japanese Car Maker To Buy Back Shares

Suzuki ends its for year partnership Volkswagen after an International arbitrator ordered the German car maker to sell its shares.

Suzuki Motor Corporation

Schlumberger Limited Acquires Cameron International For $12.7 Billion; World’s Largest Oilfield Services Company To Unite In Conclusive Stock, Cash Merger Agreement?

Schlumberger Limited recently announced their latest acquisition of Cameron International for $12.7 billion. The announcement, which aims to unite a conclusive stock and cash merger agreement, was made on Wednesday.

Schlumberger-Cameron Merger

Twitter To Increase Diversity In Hiring Employees In 2016

Most companies have already adopted newer policies regarding hiring employees to diversify its workforce, some to be implemented next year. The latest to join this trend is the social media application and widely used by netizens, Twitter.

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Jobs & Career News

Medical Technology Company Greatbatch Eyes Lake Region Medical For $1.73 Billion

Greatbatch

Medical Technology Company Greatbatch has set eyes on Lake Region Medical as its newest acquisition. Greatbatch's purchase of the company previously called Accellent Inc amounted to $1.73 billion. Lake Region Medical, which generally provides research and development assistance and contract manufacturing to creators of medical device, would gain $478 million in cash and 5.1 million shares. Greatbatch would also assume the $1 billion debt of the company.

Netflix Ties Up With Softbank For The Launching Of Its Video Streaming Service In Japan

Netflix

Online streaming service Netflix has tied up with Softbank, a telecom giant in Japan where it will launch its video streaming service in Sept. 2. On Monday,Netflix stated that its partnership with Softbank, one of Japan's leading internet providers and wireless carriers, would permit customers to have access for a Netflix subscription via their existing accounts with Softbank.

FedEx Signs Tentative Collective Bargaining Agreement; Pilots Can Look To A Brighter Future

FedEx

Good news for FedEx pilots! They can now look to a brighter future ahead. Reuters reported that the Air Line Pilots Association (ALPA) stated that FedEx pilots have agreed tentatively with FedEx on an improved collective bargaining compromise.

Elon Musk's Visionary Train 'Hyperloop' Takes A Definite Form

Elon Musk

When you hear the word "Hyperloop," what comes into your mind? Some would immediately think of the distant future with modes of transportation which you can only see in a sci-fi movie. But the fact is, "Hyperloop" is a train that can transport cargo and passengers between cities with the speed above 700 miles per hour. The idea, as envisioned by Elon Musk in 2013, required a pressurized, above-ground subway that will reach hundreds of miles.

Twitter Stock Plummets Below IPO Following Q2 Earnings Release

Social Media Site Twitter

Twitter stock fell below its IPO amid the search for a new CEO. Execs admitted of having challenges in attracting new users, compared to its competitors, due to the level of complexity of the social networking’s interface.

Mylan

Mylan Slated To Make A Formal Offer With Perrigo; Proposed $35.6B To Acquire Dublin-Based Pharmaceutical Company Approved By Shareholders

Mylan shareholders reportedly approved the proposed bid of $35.6 billion to acquire Perrigo. Mylan is slated to make the offer with the Dublin-based company in the coming weeks.

"Five Nights at Freddy's"

'Five Nights At Freddy's' Game Creator Scott Hawthorn: 5 Must-Know Facts About Man Behind 'FNAF' Series

“Five Nights at Freddy’s” creator Scott Cawthon revealed that he did not have an easy life. He shared facts about who he was, what he has been through and how did he come up with the idea of “FNaF.”

iMac 2015

iMac 2015 Features, Specs & Release Date Rumors

iMac, Apple Inc.'s flagship computer is reportedly getting a make-over for the year 2015. With the company dominating the gadget industry, it's just right that their all-in-one desktop computer gets the upgrade it deserves.

Quicken Loans

Quicken Loans Acquires Book Tower Skyscaper Amid Revitalization Plans

The second largest overall retail lender in the United States, Quicken Loans, reportedly acquired the Book Tower skyscraper along with two other buildings in downtown Detroit. The lender’s newest acquisition is part of its revitalization plans for Detroit.

Best Buy

Best Buy To Distribute Apple Watches In 1,050 Retail & 30 Mobile Stores In The U.S.; High Demands For Smartwatches Boost Company Profit?

The high demands for the Apple Watch had driven Best Buy to distribute the device to 1,050 of its retail and 30 mobile stores before the end of September. It has been reported that increase in company’s sales was due to Apple products.

Batman: Arkham Knight

'Batman: Arkham Knight' One Of GameStop’s Sales Driver

“Batman: Arkham Knight,” being one of the top video games sold in June, reportedly helped boost up GameStop’s revenue. However, the gamers didn’t find the DLCs released in the past two months impressive. A new DLC pack is reportedly going to be rolled out in September, and fans are waiting if this is going to be better than the last.

Toronto-Dominion Bank

Toronto-Dominion Bank Reaps Higher Profits Amid Increasing Expenses And Low Corporate Level Income; Canadian Lender Open For More Assets Acquisitions?

On Thursday, Toronto-Dominion Bank reported gaining higher profits in the third-quarter amid the increasing expenses and low corporate level income. Due to the profit increase, the Canadian lender is considering to buy more high-quality U.S. assets, which would create sustainable value.

Rodney Nelson

The BIGGEST Acquisition of the Year: Schlumberger Acquires Cameron International

Schlumberger, the world's biggest oilfield services, has acquired its partner Cameron International Corp. for $14.8 Billion

Swatch Watches

Swatch Refuses Going Head-To-Head With Apple; Swiss Watchmaker To Release More Focused, NFC-enabled Smartwatches?

Swatch will be releasing simpler and focused smartwatches that are designed just like current watches, with water resistance and an NFC-enabled feature, which will make the device an alternative to credit card. CEO Nick Hayek dismissed the idea of creating a multifunction computer as wristwatch, just like Apple smartwatches.

Long Work Shifts

The Longer You Work, The Higher You Are At Risk For Stroke — Research Says

Study suggests that longer work hours may put someone at risk for developing stroke. Though other predisposing factors were not fully accounted, experts say that it is important for both employers and employees to understand the implications of long working hours and stress.

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