Recently-opened Microgaming headquarters receives select accolade
Marvell to Acquire Rival Cavium in $6 Billion Deal

Marvell to Acquire Rival Cavium in $6 Billion Deal

Chipmaker Marvell Technology Group is looking to build a future for it outside an area that is declining in the market and announced it would acquire Cavium Inc. for $6 billion, said a person who is familiar with the situation. The... 
Volkswagen Speeds Up Electric Car Push with Spending Plan

Volkswagen Speeds Up Electric Car Push with Spending Plan

Volkswagen approved a spending plan of €34 million equal to $40 billion that accelerates the efforts of the carmaker to become a leader globally in electric vehicles. The largest carmaker in the world by unit sales has been approved... 
Amazon Signs Exclusive Deal to Sell Calvin Klein Merchandise

Amazon Signs Exclusive Deal to Sell Calvin Klein Merchandise

Calvin Klein, for just the first time, is bypassing department stores to sell new underwear this holiday season on Amazon, reported the Wall Street Journal. The undergarments, which include striped panties and cotton bralettes, were... 
Mattel Says No to Hasbro Acquisition Offer

Mattel Says No to Hasbro Acquisition Offer

Mattel Inc. has snubbed Hasbro Inc.’s takeover approach said people who are familiar with this matter. This casts uncertainty about the possible combination of the two biggest toy companies in the world. The rebuttal by Mattel shows... 
Female Passengers Sue Uber for Alleged Violence and Rape by Drivers

Female Passengers Sue Uber for Alleged Violence and Rape by Drivers

Two women who were unnamed on Tuesday filed a proposed class action lawsuit against Uber Technologies, accusing the ride-hailing company of poor vetting of drivers that led to thousands of Uber female passengers enduring a broad range... 
Single’s Day: World’s Biggest One Day of Shopping Sets Record

Single’s Day: World’s Biggest One Day of Shopping Sets Record

Chinese consumers continue spending billions of dollars while shopping online for things from dog supplies to diamonds during Single’s Day, which is a once-a-year promotion that has ballooned into the largest e-commerce event worldwide. The... 
Diet Low in Calories Might Help to Reverse Diabetes

Diet Low in Calories Might Help to Reverse Diabetes

Diabetes today is responsible for one out of every seven deaths across the U.S. and can cause an array of other health issues including vision loss, heart disease, amputation and kidney failure. A just published study indicates a diet... 
New CEO at Burberry Moving Label More Up-Market

New CEO at Burberry Moving Label More Up-Market

Luxury brand Burberry, based in Britain, will move further upmarket while updating its fashion range more regularly, but shares of the brand were down 11% as investors were more focused on the cost of the plan by new CEO Marco Gobbetti. The... 
Anti-Trump Voters Fuel Sweep By Democrats in Virginia and Elsewhere

Anti-Trump Voters Fuel Sweep By Democrats in Virginia and Elsewhere

On Tuesday, the Democrats enjoyed a strong day politically for the first time since 2012. Republicans won significant victories during 2015, 2016 as well as the big upset in 2016. Democrats needed to win and win big on Tuesday after... 
Job Growth in U.S. Increases, but Wages Raise Worries Over Spending

Job Growth in U.S. Increases, but Wages Raise Worries Over Spending

Job growth in the U.S. accelerated during October after disruptions from hurricanes in September, but wages increased at their slowest pace on an annualized basis for over 18 months in a new sign that inflation is likely to remain... 
Sales of Toyota in China Expected to Have Steady Growth

Sales of Toyota in China Expected to Have Steady Growth

Toyota Motor Corp, the largest automaker in Japan by volume, has dropped to No. 3 amongst automakers from Japan in China, due to not having a presence in one of the key segments – a situation that experts now say will prevail beyond... 
Pizza Hut Sales at Same-Restaurants Help Yum Top Expectations

Pizza Hut Sales at Same-Restaurants Help Yum Top Expectations

Pizza Hut snapped a streak of five straight quarters of declines in sales helping its parent Yum Brands post revenue and profit for its third quarter that beat expectations on Wall Street on Thursday. Pizza Hut struggled during recent... 
Walmart Triples Number of Items Online as Holiday Season Begins

Walmart Triples Number of Items Online as Holiday Season Begins

Walmart Stores is planning on boosting sales and fending off its rivals during the holiday season this year through doubling down on its incentives for its shoppers who purchase online and those that visit its brick and mortar locations. The... 
Akzo Nobel in Merger Talks with Axalta

Akzo Nobel in Merger Talks with Axalta

Akzo Nobel, the paint maker based in the Netherlands, has come under heavy pressure after rejecting a very lucrative takeover offer as well as releasing two warnings on profit. However, the company confirmed that it is holding merger... 
Venezuelan Chaos Could Grow Much Worse

Venezuelan Chaos Could Grow Much Worse

As Venezuela sinks further into chaos the country has large bills that are coming due and it still has not paid other debts due several weeks ago. On Friday, PDVSA the state-operated oil company paid $900 million to its bondholders,...