Labor Department Fiduciary Rule

Labor Department Fiduciary Rule Divides Industry

Alexander Acosta, the new labor secretary, brings a legal focus to the Department of Labor. Some pundits believe his expertise foreshadows a renewed emphasis...
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Och-Ziff Capital Management Promotes James Levin

Och-Ziff Capital Management Group LLC NYSE: OZM Och-Ziff Capital Management said James Levin will become a co-chief investment officer of the hedge fund firm. Levin gets...
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Toshiba Write Down Causes Industry Woes

Toshiba Corp TYO: 6502 The Toshiba write down caused chaos industry wide. Scana Corp. may pursue a new contractor to finish two nuclear reactors in South...
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Local Taxi Drivers Protest Ride-Hailing Bill

Local taxi drivers in Rochester, New York protested the possibility of Uber and Lyft coming to New York. Protesters believe the apps would hurt...
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Harley Davidson India Expands The Market

Harley Davidson commands 60 percent of the motorcycle market in India. Harley Davidson India expects to continue growing in the upcoming financial year. HD...
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Samsung Group Chief Lee Arrested For Corruption

Samsung Electronics Co Ltd KRX: 005930 Authorities arrested Samsung Group chief Lee on Friday due to his alleged role in a corruption scandal. This is the...
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Amazon.com Plans To Open Stores In India

Amazon.com, Inc. NASDAQ: AMZN Amazon.com plans to open physical grocery stores in India.  The online retail giant asked the Indian government for approval to open...
cisco systems inc

Cisco Systems Inc Reported Higher Revenue

Cisco NASDAQ: CSCO Cisco Systems Inc reported quarterly revenue that beat analysts' guess. Strong interest for Cisco's security products helped. Shares dropped 1.3 percent to $32.40...
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Verizon Reduced Yahoo Deal Amount By $350M

Verizon NYSE: VZ, Yahoo NASDAQ: YHOO Verizon reduced Yahoo deal amount by $350 million. The original cost totaled $4.8 billion. The smaller amount surprised some...
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Walmart Combines Buying Operations

Wal-Mart Stores Inc. NYSE: WMT Walmart will mesh its buying operations to combat Amazon. Right now, the retailer's physical store and online buying teams operate...