According to a Reuters report that cited sources familiar with the matter, General Electric Co.’s new CEO is planning on slashing jobs. CEO John Flannery will be relying partially on job cuts so that the company can reduce $2 billion by the end of next year. His plan will be presented to investors in November. … Continue reading “New GE CEO Plans to Cut Jobs”
Author: Sophia Vida
Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
Biotech & Pharma
The First FDA Approved Therapy to Fight Leukemia is Here
The FDA has approved a gene therapy treatment for use in the U.S to Novartis…
August 30, 2017
A Best Buy in Houston Was Selling Water for $42 a Pack
Best Buy has apologized for this move, but it's still a pretty awful misunderstanding during…
August 30, 2017
Life
Target is Moving Away from Amazon With this Move
Amazon may be a dominant player in the retail arena, but Target is planning to…
August 30, 2017
Mexico Just Approved a New Stock Exchange
Mexico approved a new stock exchange called the Institutional Stock Exchange this week. The country's…
August 29, 2017
Uber Just Announced a Big Change
It looks like criticism by riders and privacy groups has finally made Uber make a…
August 29, 2017
Hot Stocks
Domino’s to Use Self Driving Car to Deliver Pizzas
It won't happen anywhere but Ann Arbor, Michigan right now, but pizza chain Domino's will…
August 29, 2017
Apple to Launch the New iPhone 8 On This Day
Well Apple has finally announced when it plans to officially launch the highly anticipated iPhone…
August 28, 2017
Company News
Oracle Just Did This Against Rival Salesforce
It was announced on Monday that Oracle is hiring another 5,000 employees for its cloud…
August 28, 2017
Life
Floyd Mayweather is Now Worth More than $300 Million
One of the most highly anticipated boxing fights just took place over the weekend in…
August 28, 2017
Life
Tom Brady Is Finally On The Cover of Madden NFL
Tom Brady has been a superstar for nearly two decades and now the New England…
August 25, 2017
Samsung Chief is Sentenced to Five Years in Prison
Billionaire chief of Samsung, Lee Jae-yong, has been found guilty by the Seoul Central District…
August 25, 2017
Hot Stocks
Amazon and Whole Foods Will be Lowering Prices on Monday
Amazon announced big news this week that the company's takeover of organic grocery chain Whole…
August 25, 2017
Abercrombie Shares Surged After This
Shares of Abercrombie and Fitch spiked on Thursday after the company reported better than expected…
August 24, 2017