Google Inc (NASDAQ:GOOGL) has expanded the coverage of Google Express, the same-day holiday delivery service that the search giant has started initially last year, by including additional U.S. cities as well as adding more merchants selling their goods through the service. The company reports that Google Express has served consumers with 50 percent more in…
Apple Inc. (AAPL) Resume iPhone Sales in Russia at 35% Price Hike Amidst Devaluating Ruble
Apple Inc. (NASDAQ:AAPL) resumes its online sales operations in Russia after a halt of almost two weeks, but the company has boosted Russian prices of its products on account of ruble’s decline against the dollar, which makes the earnings of U.S. companies operating in Russia lesser in dollar value. Factors such as falling oil prices…
DISH Network Corp (DISH), Comcast Corporation (CMCSA)’s SportsNet Ends Dispute With New Carriage Deal
DISH Network Corp (NASDAQ:DISH)’s subscribers in the Bay Area, California, Chicago and Mid-Atlantic regions will continue to enjoy Comcast Corporation (NASDAQ:CMCSA)’s SportsNet feed asd the two companies have finally settled to ink a new multi year carriage deal after weeks of negotiations. The original carriage agreement have expired on December 2 this year. DISH Network…
Chevron Corporation (CVX) Halts Canadian Arctic Oil Project Amidst Price Slump
Chevron Corporation (NYSE:CVX) has signified its intention to indefinitely halt its previous plans of drilling oil in the Canadian Arctic’s Beaufort Sea, citing “economic uncertainty in the industry” in a letter submitted on Wednesday to Canada’s National Energy Board. A number of companies have announced budget cuts for 2015 even as oil prices have continued…
Ford Motor Company (F) Heeds U.S. Regulator for Additional Takata Driver-Side Air Bag Recall
Ford Motor Company (NYSE:F) announced on Thursday that it will implement an additional recall of old Mustang cars with defective Takata driver-side air bags with inflators in accordance with a directive from the U.S. National Highway Traffic Safety Administration. A total of 502,500 vehicles will be covered by the expanded recall. Although Ford Motor Company…
Apple Inc. (AAPL) E-books Antitrust Appeal Sails Smoothly
Apple Inc. (NASDAQ:AAPL)’s e-books antitrust appeal court proceedings appear to be in favor of the Cupertino, California company. Department of Justice lawyer Malcolm Stewart endured tough questioning from the judges of the 2nd U.S. Circuit Court of Appeals in New York, under which jurisdiction Apple’s appeal is being heard. Circuit Judge Dennis Jacobs, who sees…
The Coca-Cola Co (KO) CEO Kent Should Step Down for Blunders: Wintergreen
The Coca-Cola Co (NYSE:KO) CEO Muhtar Kent “have destroyed shareholder value”, according to a statement from Wintergreen Advisers, an investment firm that owns 1 percent share in Coca Cola, in an analysis it released concerning the beverage maker’s performance. Saying that Kent “is incapable of leading coke’s turnaround and should be replaced”, Wintergreen have argued…
General Motors Company (GM) To Pay Additional Compensation Claims for Defective Ignition Switch
General Motors Company (NYSE:GM), through its Ignition Compensation Claims Resolution Facility, have received 64 additional compensation claims as of Monday this week, according to Kenneth Feinberg, the lawyer hired by GM to administer the facility. Latest data shows death claims related to GM’s faulty ignition switch rising to 251, while the number of injury claims…
Wal-Mart Stores, Inc. (WMT) Offers Apple Inc. (AAPL)’s iPhone 6 for $50 Less
Wal-Mart Stores, Inc. (NYSE:WMT) is offering the iPhone 6 at $50 discount off the store’s regular price, at $129. The discounted iPhones will be available from Wal-Mart starting this week. The larger screen iPhone 6 Plus also goes with a $50 discount, at $229 from the usual $279. Wal-Mart owned Sam’s Club, offers the same…
RadioShack Corporation (RSH) Plunge in Deeper Financial Woes Pending Lenders’ Approval of Restructuring Plan
RadioShack Corporation (NYSE:RSH) is finding itself deeper in trouble as it has yet to gain the approval of its lenders on the planned closures of 1,100 stores in an effort to cut costs and possibly beef-up liquidity. The ailing electronics retailer has abandoned the original number of stores it has set its sight to close…